Key Takeaways:
- Ten grams of 24-carat gold in Mumbai is priced at Rs 72,210, similar to prices in Kolkata and Hyderabad.
- Price of silver fell by Rs 100, with one kilogram selling at Rs 90,900.
- US gold prices edged higher due to expectations of interest rate cuts.
Gold Price Today:
The price of 24-carat gold dipped Rs 10 in early trade on Thursday, with ten grams selling at Rs 72,210. Silver prices also fell, with one kilogram priced at Rs 90,900.
Regional Gold and Silver Prices:
| City | 24-carat Gold (10g) | 22-carat Gold (10g) |
|---|---|---|
| Mumbai | Rs 72,210 | Rs 66,190 |
| Delhi | Rs 72,360 | Rs 66,340 |
| Bengaluru | Rs 72,210 | Rs 66,190 |
| Chennai | Rs 73,060 | Rs 66,970 |
US Gold Prices:
US gold prices rose as expectations of interest rate cuts by the Federal Reserve increased. Spot gold was up 0.2% at $2,331.38 per ounce.
Spot silver, platinum, and palladium prices also showed fluctuations in the market.
(With inputs from Reuters)
FAQs:
1. What is the current price of ten grams of 24-carat gold in Mumbai?
The current price of ten grams of 24-carat gold in Mumbai is Rs 72,210.
2. How did US gold prices react to economic activity expectations?
US gold prices edged higher as expectations of interest rate cuts fueled market sentiment.
3. What is the price of one kilogram of silver in Chennai?
The price of one kilogram of silver in Chennai is Rs 95,500.
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