In early trading on Thursday, the price of 24-carat gold increased by Rs 10, reaching Rs 75,010 for ten grams. Similarly, silver saw a rise of Rs 100, with one kilogram priced at Rs 96,100. Additionally, the price of 22-carat gold also climbed by Rs 10, with ten grams selling for Rs 68,760.
In Mumbai, the price of ten grams of 24-carat gold aligns with that in Kolkata and Hyderabad, both at Rs 75,010. However, prices differ in other major cities: in Delhi, it stands at Rs 75,160; in Bengaluru, at Rs 75,010; and in Chennai, at Rs 75,500.
For 22-carat gold, Mumbai’s price remains consistent with Kolkata and Hyderabad at Rs 68,760. In contrast, Delhi’s price is Rs 68,910, Bengaluru’s is Rs 68,760, and Chennai’s is Rs 69,210.
The price of one kilogram of silver is uniform across Delhi, Mumbai, and Kolkata, each priced at Rs 96,100, while Chennai’s price is higher at Rs 1,00,600.
On the international front, US gold prices held steady after reaching a record high in the previous session due to increasing expectations for a rate cut in the US this September. As of 0051 GMT, spot gold remained stable at $2,459.47 per ounce, following an all-time high of $2,483.60 on Wednesday. US gold futures also rose by 0.1 percent to $2,462.50.
Spot silver saw a slight increase of 0.1 percent, trading at $30.33 per ounce, while platinum stabilized at $994.40. Palladium experienced a gain of 0.8 percent, reaching $958.99.
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