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The price of 24-carat gold slipped Rs 10 in early trade on Tuesday, with ten grams of the precious metal trading at Rs 64,080, according to the GoodReturns website. The price of silver also declined by Rs 100, with one kilogram of the precious metal selling at Rs 73,500, according to the website.
The price of 22-carat gold also declined Rs 10 with the yellow metal selling at Rs 58,740.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 64,080.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 64,230, Rs 64,080, and Rs 64,680, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 58,740.
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In Delhi, Bengaluru, and Chennai, ten grams of 22-carat gold is selling at Rs 58,890, Rs 58,740, and Rs 59,290, respectively.
At Rs 73,500, the price of one kilogram of silver was identical in Delhi and Mumbai. Silver prices in Hyderabad and Chennai stood at Rs 76,900.
Gold prices clung to a three-month peak on Tuesday, supported by softer U.S. manufacturing and construction spending, while investors awaited Federal Reserve Chair Jerome Powell's testimony and key jobs data due this week.
Spot gold edged 0.1 per cent lower to $2,112.39 per ounce, as of 0230 GMT, but hovered near Monday's levels of $2119.69, its highest since Dec. 4. US gold futures fell 0.3 per cent to $2,120.50.
Spot platinum fell 0.7 per cent to $890.90 per ounce, and palladium dropped nearly 1 per cent to $951.12, while silver fell 0.9 per cent to $23.68.
(With agency inputs)
(With agency inputs)
