According to the GoodReturns website, gold prices were trading at Rs 60,000 per 10 grams of 24-carat gold, up by Rs 220 from yesterday’s closing price during early trade on Wednesday. Silver also spurted by Rs 100 to sell at Rs 72,100 per 1 kg of the precious metal.
The price of 10 grams of 22 carat gold increased by Rs 200 to Rs 55,000.
Ten grams of 22 carat gold price in Mumbai is equal to Rs.55,000 in Kolkata and Hyderabad.
The rate of 10 grams of 22 carat gold in Delhi, Bangalore and Chennai is Rs 55,150, Rs 55,050 and Rs 55,700 respectively.
Ten grams of 24 carat gold price in Mumbai is equal to Rs.60,000 in Kolkata and Hyderabad.
The rate of 10 grams of 24K gold in Delhi, Bangalore and Chennai is Rs 60,150, Rs 60,050 and Rs 60,700 respectively.
US gold prices gained on Wednesday on a weakening dollar, while investors closely watched the Federal Reserve’s interest rate decision and policy outlook.
Spot gold was up 0.2 per cent at $1,942.96 an ounce as of 0036 GMT. US gold futures closed up 0.3 percent at $1,946.20.
Spot silver rose 0.3 percent to $22.43 an ounce, platinum rose 0.4 percent to $972.53 and palladium rose 1 percent to $1,401.54.
The price of one kg of silver in Delhi, Mumbai and Kolkata is Rs 72,100.
The price of one kg of silver in Bangalore, Chennai and Hyderabad is Rs 74,700.
(with inputs from Reuters)
