Gold Price Today: The price of 24-carat gold fell by ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,50,370, according to the GoodReturns website. The price of silver rose by ₹100, with one kilogram of the precious metal selling at ₹2,55,100.
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,37,840.
The price of ten grams of 24-carat gold stood at ₹1,50,370 in Mumbai, Kolkata, Bengaluru and Hyderabad and ₹1,51,850 in Chennai.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,50,420.
In Mumbai, the price of ten grams of 22-carat gold was ₹1,37,840, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,39,190 in Chennai.
In Delhi, the price of ten grams of 22-carat gold stood at ₹1,37,990.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,55,100.
The price of one kilogram of silver in Chennai stood at ₹2,64,900.
US gold prices fell more than 1 per cent on Friday and were headed for a weekly loss of a similar magnitude, as elevated oil prices continued to fan inflation concerns that would discourage central banks from cutting interest rates.
Spot gold was down 1.1 per cent at $4,573.33 per ounce at 1149 GMT, and on track for a weekly loss of 2.8 per cent. US gold futures for June delivery fell 1 per cent to $4,585.20.
Among other metals, spot silver prices fell 0.3 per cent to $73.53 per ounce, platinum was down 0.5 per cent at $1,975.65, and palladium lost 0.1 per cent to $1,522.18.
(with inputs from Reuters)
