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Gold, silver prices remain unchanged; yellow metal trading at Rs 59,070

The price of 22-carat gold also remained unchanged and was trading at Rs 54,150.

gold, gold prices

BS Web Team New Delhi

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Gold prices remain unchanged in Monday's early trade, with 10 grams of the yellow metal (24-carat) trading at Rs 59,070, according to the GoodReturns website. Silver prices were also unchanged, with 1 kg of the precious metal selling at Rs 71,900.

The price of 22-carat gold also remained unchanged and was trading at Rs 54,150.

The price of ten grams of 24-carat gold in Mumbai is at par with that in Kolkata and Hyderabad, at Rs 59,070.

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 59,220, Rs 59,070, and Rs 59,350, respectively.

The price of ten grams of 22-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 54,150.

The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 54,300, Rs 54,150, and Rs 54,440, respectively.

US gold prices edged lower in early Asian trade on Monday, pushed down by a stronger US dollar and as chances of more interest rate hikes by the Federal Reserve weighed on bullion's appeal.

Spot gold fell 0.2% to $1,915.29 per ounce by 0249 GMT, while US gold futures fell 0.3% to $1,923.10.

Spot silver was little changed at $22.75 per ounce on the day, while platinum rose 0.2% to $902.64 and palladium gained 0.6% to $1,234.97.

The price of 1 kg of silver in Chennai and Hyderabad is Rs 75,700.

The price of 1 kg of silver in Delhi and Mumbai is Rs 71,900.

(With inputs from Reuters)

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First Published: Jul 03 2023 | 10:36 AM IST

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