Gold prices were unchanged in early trading on Tuesday, while silver prices fell by Rs 400 per kg. Ten grams of 24 carat gold today sells for Rs 52,980 while silver trades at Rs 61,400 per kg.According to the GoodReturns website, ten grams of 22 carat gold currently sells for Rs 48,560. I’m here.
In Mumbai, Kolkata and Hyderabad, 10 grams of gold (24 carat and 22 carat) sell for Rs.52,980 and Rs.48,560.
In Delhi, 24 karat and 22 karat gold are priced at Rs 53,140 and Rs 48,710 respectively. In Chennai, 10 grams of 24 karat and 22 karat gold are priced at Rs 53,970 and Rs 49,470.
Market participants waited for more clarity on the US Federal Reserve’s rate hike stance, but gold prices rose on Tuesday, aided by a weaker dollar. Gold spot gained 0.3% to $1,745.22 per ounce at 0251 GMT. US gold futures rose 0.3% to $1,745.40.
Bullion prices fell about 1% in the previous session after the US Federal Reserve’s hawkish comments. The Federal Reserve’s James Bullard and John Williams said they have a long way to go in fighting inflation.
The price of 1 kg of silver in Delhi, Mumbai and Kolkata is Rs 61,400. In Chennai, Bangalore and Hyderabad, the metal trades at Rs 68,100 per kg.
Silver spot rose 0.9 per cdent to $21.10.
(including information from Reuters)
