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Gold, silver prices remain unchanged; yellow metal trades at Rs 56,950

Silver is selling at Rs 68,600 per kg in early trade

BS Web Team New Delhi
Photo: Unsplash/Jingming Pan

In Chennai, 10 grams of 24-carat and 22-carat gold were selling at Rs 57,710 and Rs 52,900, respectively

Gold and silver prices remained unchanged during early trade on Monday. Ten grams of 24-carat gold was trading at Rs 56,950, while silver was selling at Rs 68,600 per kg.

 

The price of 22-carat gold was trading at Rs 52,200, according to the GoodReturns website.

 

In Mumbai, Kolkata, and Hyderabad, 10 grams of 24-carat and 22-carat gold were selling at Rs 56,950 and Rs 52,200, respectively.

 

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In Delhi, 10 grams of 24-carat and 22-carat gold were trading at Rs 57,100 and Rs 52,350, respectively. In Chennai, 10 grams of 24-carat and 22-carat gold were selling at Rs 57,710 and Rs 52,900, respectively.

 

US gold prices fell on Monday, weighed down by a stronger dollar and after recent US economic data raised worries that the Federal Reserve could hike interest rates further.

 

Spot gold was down 0.2% at $1,837.59 per ounce as of 0048 GMT. US gold futures eased 0.1% to $1,847.60.

 

In Delhi, Kolkata, and Mumbai, 1 kg of silver was trading at Rs 68,600, while in Chennai and Hyderabad, it was selling at Rs 71,800.

 

Spot silver lost 0.7% to $21.58 per ounce, platinum fell 0.3% to $914.17, and palladium shed 0.6% to $1,488.61.

 

(With inputs from Reuters)

 

 

First Published: Feb 20 2023 | 11:47 AM IST

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