Gold rates decline Rs 110 per 10 gm; silver trading at Rs 58,000 a kg

Gold price fell by Rs 110 per 10 gram with 24-carat of the yellow metal trading at Rs 51,380 today

Gold price fell by Rs 110 per 10 gram with 24-carat of the yellow metal trading at Rs 51,380 on Tuesday. The price of silver, on other the hand, decreased by Rs 400 per kg to Rs 58,000.

Meanwhile, 10 gram of 22-carat gold is trading at Rs 47,100 on Tuesday after a decrease of Rs 100.

Spot gold was up 0.4 per cent at $1,778.69 per ounce, as of 0044 GMT, its highest since July 5. US gold futures gained 0.2 per ent to $1,791.10 per ounce.

Spot silver fell 0.5 per cent to $20.22 per ounce.

Gold, which