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Gold depreciated by 10 rupees and silver by 100 rupees.Yellow metal trades at Rs 62,940 | Products – investxyon
Thursday, February 22, 2024
Home Commodities Gold depreciated by 10 rupees and silver by 100 rupees.Yellow metal trades at Rs 62,940 | Products

Gold depreciated by 10 rupees and silver by 100 rupees.Yellow metal trades at Rs 62,940 | Products

by xyonent
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One kg of silver is being traded at Rs 76,400 in Chennai.

The price of 24 carat gold fell by Rs 10 in early trade on Monday, with 10 grams of the precious metal selling for Rs 62,940, according to the Good Returns website. Silver prices also fell by Rs 100 with one kilogram of the precious metal selling for Rs 74,900.

The price of 22 carat gold also fell by Rs 10 with the yellow metal selling for Rs 57,690.

The price of 10 grams of 24 carat gold in Mumbai is Rs 62,940, same as the price in Kolkata and Hyderabad.

In Delhi, Bengaluru and Chennai, the price of 10 grams of 24 carat gold was Rs 63,090, Rs 62,940 and Rs 63,590 respectively.

In Mumbai, the price of 10 grams of 22 carat gold is Rs 57,690, on par with the price in Kolkata and Hyderabad.

In Delhi, Bengaluru and Chennai, 10 grams of 22 carat gold is being sold for Rs 57,840, Rs 57,690 and Rs 58,290 respectively.

U.S. gold prices were flat on Monday as holiday trading faded, after falling last week on rising bond yields, while investors weighed in on a data-packed week ahead of the U.S. Federal Reserve. We were waiting for the official’s statement.

Spot gold was little changed at $2,022.17 an ounce at 0224 GMT, trading within a narrow $4 range.

US gold futures stabilized at $2,036.20 per ounce.

Spot gold fell 0.7% last week through Friday, weighed down by rising U.S. Treasury yields.

Spot platinum was flat at $871.75 an ounce, palladium rose 0.2% to $860.87 and silver rose 0.2% to $22.65.

One kilogram of silver is currently being traded at Rs 74,900 in Delhi and Mumbai.

One kg of silver is being traded at Rs 76,400 in Chennai.

(Information provided by Reuters)

First published: February 12, 2024 | 7:47am IST

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