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Gold Price Today: The price of 24-carat gold jumped Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 72,170, according to the GoodReturns website. The price of silver also jumped Rs 100, with one kilogram of the precious metal selling at Rs 91,400.
The price of 22-carat gold was also up by Rs 10, with the yellow metal selling at Rs 66,160.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 72,170.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,320, Rs 72,170, and Rs 72,880, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,160.
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In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,310, Rs 66,160, and Rs 66,810, respectively.
The price of one kilogram of silver in Delhi is in line with the price of silver in Mumbai and Kolkata at Rs 91,400.
The price of one kilogram of silver in Chennai stood at Rs 95,900.
US gold prices fell on Thursday after the US Federal Reserve in its most recent policy meeting scaled back to only one interest rate cut later this year, fewer than previously projected, even as inflation cooled in May.
Spot gold was down 0.4 per cent at $2,313.92 per ounce, as of 0340 GMT. US gold futures fell 1.1 per cent to $2,329.50.
In other metals, spot silver fell 1.9 per cent to $29.12 per ounce, platinum was down 1.8 per cent at $946.70 and palladium lost 1.2 per cent to $895.57.
(With inputs from Reuters)
(With inputs from Reuters)
