Gold Value At present: The worth of 24-carat gold dipped Rs 10 in early commerce on Saturday, with ten grams of the valuable metallic buying and selling at Rs 72,640, in response to the GoodReturns web site. The worth of silver fell Rs 100, with one kilogram of the valuable metallic promoting at Rs 86,600.
The worth of 22-carat gold fell Rs 10, with ten grams of the yellow metallic promoting at Rs 66,590.
The worth of ten grams of 24-carat gold in Mumbai is in keeping with costs in Kolkata and Hyderabad, at Rs 72,640.
In Delhi, Bengaluru, and Chennai, the worth of ten grams of 24-carat gold stood at Rs 72,790, Rs 72,640, and Rs 72,640, respectively.
In Mumbai, the worth of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,590.
In Delhi, Bengaluru, and Chennai, the worth of ten grams of 22-carat gold stood at Rs 66,740, Rs 66,590, and Rs 66,590, respectively.
The worth of 1 kilogram of silver in Delhi is in keeping with the worth of silver in Kolkata and Mumbai at 86,600.
The worth of 1 kilogram of silver in Chennai stood at Rs 91,600.
On Friday, US gold gained greater than 1% on Friday because the greenback and Treasury yields retreated following feedback from Federal Reserve Chair Jerome Powell that signalled an rate of interest lower in September.
Spot gold rose 1.2 per cent to $2,512.63 per ounce by 01:44 p.m. ET (1744 GMT), however was off a document excessive of $2,531.60 hit on Tuesday. US gold futures settled 1.2 per cent larger at $2,546.30.
Silver rose 2.9 per cent to $29.83 per ounce and was up practically 2.7 per cent for the week. Platinum gained 1.8 per cent to $961.01 and palladium was up 2.6 per cent at $956.69.
(With inputs from Reuters)
First Printed: Aug 24 2024 | 7:56 AM IST