Gold, silver unchanged in early trade; yellow metal selling at Rs 51,110

Silver is selling at Rs 57,000 per kg today

gold
Gold firmed on Friday as the dollar came slightly off two-decade highs. (Photo: Unsplash)
BS Web Team New Delhi
2 min read Last Updated : Jul 08 2022 | 9:19 AM IST
Gold and silver remained unchanged in Friday's early trade as 10 gram of 24-carat of the yellow metal was trading at Rs 51,110. Meanwhile, 10 gram of 22-carat gold is selling at Rs 46,850 on Friday. Silver is selling at Rs 57,000 per kg on Friday. 

Gold firmed on Friday as the dollar came slightly off two-decade highs, but bullion was set to post its biggest weekly drop in more than a month as the elevated greenback hit demand. Spot gold firmed 0.3 per cent to $1,744.07 per ounce by 0106 GMT. US gold futures rose 0.2 per cent to $1,742.50. 

Spot silver rose 0.5% to $19.28 per ounce.

Gold prices have lost about 3.7 per cent this week. It is likely to be their fourth straight weekly fall, and worst since mid-May.

In Delhi, Mumbai, Kerala, Hyderabad, and Kolkata, 10 gram of 24-carat gold is selling at Rs 51,110. Whereas, ten gram of 22-carat gold is trading at Rs 46,850 in Delhi, Mumbai, Kerala, Hyderabad, and Kolkata. 

In Chennai, 10 gram of 24-carat gold and 22-carat gold is selling at Rs 50,970 and Rs 47,720, respectively.

In Delhi, Mumbai, and Kolkata, 1 kg of silver is currently selling at Rs 57,000. Whereas, in Chennai, one kg of silver is trading at Rs 62,200.

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 PricesSilver Pricesgold and silver pricesgold silver prices

Next Story