Gold Value At this time: The value of 24-carat gold dipped Rs 10 in early commerce on Thursday, with ten grams of the valuable metallic buying and selling at Rs 74,720 in keeping with the GoodReturns web site. The value of silver declined Rs 100, with one kilogram of the valuable metallic promoting at Rs 90,900.
The value of 22-carat gold fell Rs 10, with ten grams of the yellow metallic promoting at Rs 68,490.
The value of ten grams of 24-carat gold in Mumbai is according to costs in Kolkata and Hyderabad, at Rs 74,720.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 24-carat gold stood at Rs 74,870, Rs 74,720, and Rs 74,720, respectively.
In Mumbai, the value of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 68,490.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 68,640, Rs 68,490, and Rs 68,490, respectively.
The value of 1 kilogram of silver in Delhi is according to the value of silver in Kolkata and Mumbai at 90,900.
The value of 1 kilogram of silver in Chennai stood at Rs 95,900.
US gold struggled for momentum on Thursday as market members digested Federal Reserve Chair Jerome Powell’s feedback after the US central financial institution delivered a super-sized charge reduce.
Spot gold was little modified at $2,558.00 per ounce, as of 0033 GMT. Bullion rose to a document excessive of $2,599.92 on Wednesday earlier than closing decrease.
US gold futures fell 0.6 per cent to $2,582.70.
The US greenback rose broadly, recovering from an earlier tumble brought on by the Fed’s rate-cut resolution. A stronger greenback makes gold dearer for different forex holders.
Spot silver rose 0.5 per cent to $30.20 per ounce, platinum edged up 0.1 per cent to $969.45 and palladium shed almost 1 per cent to $1,051.43.
(with inputs from Reuters)
First Revealed: Sep 19 2024 | 8:14 AM IST