Gold Worth At present: The worth of 24-carat gold dipped Rs 10 in early commerce on Thursday, with ten grams of the dear steel buying and selling at Rs 71,500, based on the GoodReturns web site. The worth of silver rose Rs 100, with one kilogram of the dear steel promoting at Rs 83,700.
The worth of 22-carat gold declined Rs 10, with ten grams of the yellow steel promoting at Rs 65,540.
The worth of ten grams of 24-carat gold in Mumbai is in keeping with costs in Kolkata and Hyderabad, at Rs 71,500.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 24-carat gold stood at Rs 71,650, Rs 71,500, and Rs 71,150, respectively.
In Mumbai, the value of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 65,540.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 65,690, Rs 65,540, and Rs 65,540, respectively.
The worth of 1 kilogram of silver in Delhi and Kolkata stood at Rs 82,700, whereas the value in Mumbai was Rs 83,700.
The worth of 1 kilogram of silver in Chennai stood at Rs 87,9600.
US gold costs fell 1 per cent on Wednesday after information confirmed US shopper costs rebounded as anticipated in July, pouring water on expectations for a sizeable price reduce from the Federal Reserve subsequent month.
Spot gold fell 1 per cent to $2,440.47 per ounce by 01:45 p.m. EDT (1745 GMT). US gold futures settled 1.1 per cent decrease at $2,479.70.
Non-yielding gold has risen 19 per cent up to now this yr after spot costs touched a report excessive of $2,483.60 on July 17, owing to agency safe-haven demand and Fed rate-cut expectations.
Elsewhere, spot silver fell 2.1 per cent to $27.26 and platinum dipped 1.3% to $923.95. Palladium was down 1.2 per cent at $927.25.
(with inputs from Reuters)
First Printed: Aug 15 2024 | 8:19 AM IST