 "Gold, silver prices fall; yellow metal trading at Rs 51,000 per 10 gram")
Gold prices fell on Thursday, with 10 gram of yellow metal (24-carat) trading at Rs 51,000, and 10 gram of 22-carat gold selling at Rs 46,750. Silver prices too, fell on Thursday, with the metal trading at Rs 59,400 per kg.
Meanwhile, in the US, Gold was mostly quiet on Thursday, but faced its worst quarter since early 2021 as a remarkable showing from the dollar kept investors away, with bullion's outlook clouded by top central banks adopting aggressive tactics to fight stubborn inflation.
Spot gold was flat at $1,817.01 per ounce and Spot silver rose 0.4% to $20.80 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90.
In Delhi, Kolkata and Bangalore, 10 gram of 24-carat gold is trading at Rs 51,050, Rs 51,000, and Rs 51,020 respectively according to the goodreturns website. Meanwhile, 10 gram of 22-carat gold is selling at Rs 46,750 in Delhi and Kolkota, and at Rs 46,770 in Bangalore.
Prices of 10 gram of both 24-carat and 22-carat gold in Chennai is trading slightly higher at Rs 51,090 and Rs 46,830, respectively on Thursday.
A kg of silver is trading at Rs 59,400, in cities including Delhi and Mumbai, and is trading at Rs 65,300 in cities like Kolkota, and Chennai.
(With inputs from Reuters)
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
SAVE 25%