Gold prices remained unchanged during Tuesday’s early trade with 10 grams of 22-carat gold trading at Rs 48,260, according to the GoodReturns website. Silver prices also remained unchanged with 1 kg of the precious metal trading at Rs 61,700.
Ten grams of 24-carat gold is selling at Rs 52,640.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 48,360, Rs 48,290, and Rs 49,010, respectively.
The price of ten grams of 22-carat gold in Mumbai was at par with the price of gold in Kolkata and Hyderabad, at Rs 48,260.
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai was Rs 52,760, Rs 52,670, and Rs 53,470, respectively.
US Gold hovered near a three-month high on Tuesday, as a top US central bank official’s comment raised hopes that the Federal Reserve would adopt a less aggressive approach on rate hikes, while an uptick in the dollar kept gains in check.
Spot gold was flat at $1,771.00 per ounce, as of 0228 GMT, after hitting its highest since Aug. 17 on Monday.
Spot silver rose 0.2% to $22 per ounce. Platinum gained 0.2% to $1,019.50, while palladium was steady at $2,025.
The price of ten grams of 24-carat gold in Mumbai was at par with the price of gold in Kolkata and Hyderabad, at Rs 52,640.
The price of 1 kg of silver in Delhi and Mumbai is at par with the price of silver in Kolkata, at Rs 61,700.
The price of 1 kg of silver in Chennai, Bengaluru, and Hyderabad is Rs 67,700.
(With inputs from Reuters)
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