Gold prices rise by Rs 10; yellow metal selling at Rs 52,000 per 10 grams

Silver price remained unchanged from yesterday's close; the precious metal is selling at Rs 72,750 per kg

Photo: Bloomberg
BS Web Team
2 min read Last Updated : Jan 16 2023 | 8:06 AM IST
Gold prices rose on Monday by Rs 10, with 10 grams of the yellow metal (24-carat) trading at Rs 56,740. Silver price remained unchanged from yesterday's close. The precious metal is selling at Rs 72,750 per kg.

The price of 22-carat gold also rose Rs 10 from yesterday's close to Rs 52,010, according to the GoodReturns website.

In Mumbai, Kolkata, and Hyderabad, 10 gram of 24-carat and 22-carat gold is selling at Rs 56,740 and Rs 52,010, respectively.

In Delhi, 10 grams of 24-carat and 22-carat gold are trading at Rs 56,990 and Rs 52,160, respectively. In Chennai, 10 gram of 24-carat and 22-carat gold are selling at Rs 57,780 and Rs 52,970, respectively.

US gold prices held near nine-month highs on Monday, aided by expectations of slower interest rate hikes from the US Federal Reserve.

Spot gold was little changed at $1,918.60 per ounce as of 0014 GMT. US gold futures fell 0.1% to $1,920.10.

In Delhi, Mumbai, and Kolkata, 1 kg of silver is trading at Rs 72,750, while in Chennai and Hyderabad, it is selling at Rs 74,000.

Spot silver edged 0.1% higher to $24.28, platinum was flat at $1,065.10, and palladium slipped 0.9% to $1,773.25.


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :gold and silver pricesPrecious metalsSilver Prices

Next Story