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Gold rises by Rs 650 to 59,780, silver surges Rs 1,000 to Rs 72,600

 

According to the GoodReturns website, gold prices were trading at Rs 59,780 per 10 grams of 24 carat gold, up by Rs 650 from yesterday’s closing price during Friday’s early trade. Silver also advanced by Rs 1,000 as the precious metal was selling at Rs 72,600.

gold rises:

Gold prices of 22 carat gold gained Rs 600 per 10 grams as the yellow metal was trading at Rs 54,800.

10 grams of 22 carat gold price in Mumbai is Rs.54,800 at par with the gold price in Kolkata and Hyderabad.

The rate of 10 grams of 22 carat gold in Delhi, Bangalore and Chennai is Rs 54,950, Rs 54,850 and Rs 55,400 respectively.

10 grams of 24K gold price in Mumbai is Rs.59,780 at par with the gold price in Kolkata and Hyderabad.

The rate of 10 grams of 24K gold in Delhi, Bangalore and Chennai is Rs 59,930, Rs 59,830 and Rs 60,430 respectively.

Gold prices were little changed on Friday after two sessions of sharp gains, as a slightly stronger dollar countered hopes of a possible pause in the Federal Reserve’s rate-hike cycle.

 

Spot gold was flat at $1,993.73 an ounce as of 0104 GMT. US gold futures also remained flat at $1,996.60.

 

Spot silver was down 0.1% at $23.11 an ounce, platinum was little changed at $984.13 and palladium was down 0.1% at $1,429.19.

The price of one kg of silver in Delhi, Mumbai and Kolkata is Rs 72,600.

1 kg silver price in Bangalore, Hyderabad and Chennai is Rs 75,400

(with inputs from Reuters)

 

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