Gold worth dips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,900 | Commodities

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Gold worth dips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,900 | Commodities

In Delhi, Bengaluru, and Chennai, the worth of ten grams of 22-carat gold stood at Rs 66,540, Rs 66,390, and Rs 66,490, respectively. | Picture: Unsplash

2 min learn Final Up to date : Might 25 2024 | 8:33 AM IST


Gold Worth Right now: The worth of 24-carat gold dipped Rs 10 in early commerce on Saturday, with ten grams of the valuable steel promoting at Rs 72,430, based on the GoodReturns web site. The worth of silver fell Rs 100, with one kilogram of the valuable steel promoting at Rs 91,900.


The worth of 22-carat gold fell Rs 10, with the yellow steel promoting at Rs 66,390.


The worth of ten grams of 24-carat gold in Mumbai is in keeping with costs in Kolkata and Hyderabad, at Rs 72,430.


In Delhi, Bengaluru, and Chennai, the worth of ten grams of 24-carat gold stood at Rs 72,580, Rs 72,430, and Rs 72,540, respectively.


In Mumbai, the worth of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,390.


In Delhi, Bengaluru, and Chennai, the worth of ten grams of 22-carat gold stood at Rs 66,540, Rs 66,390, and Rs 66,490, respectively.


The worth of 1 kilogram of silver in Delhi is in keeping with the silver worth in Mumbai and Kolkata at Rs 91,900.


The worth of 1 kilogram of silver in Chennai stood at Rs 96,400.


US gold costs rose on Friday because the greenback slipped, however had been headed for his or her worst week in 5 and a half months as hopes of rate of interest cuts by the US central financial institution tamed.


Spot gold rose 0.2 per cent to $2,332.77 per ounce as of 1:54 p.m. ET (1754 GMT) because the US greenback index slipped 0.4 per cent, making gold comparatively inexpensive for different foreign money holders. 


US gold futures settled 0.1 per cent decrease to $2,334.50.


Bullion hit a file excessive of $2,449.89 on Monday, however has shed greater than $100 since then and is on observe for a 3 per cent drop this week, its worst weekly dip since early December.


Spot silver rose 0.5 per cent to $30.25. It hit an 11-year excessive on Monday.


Platinum rose 0.8 per cent to $1,027.25, whereas palladium fell 0.7 per cent to $962.50. All three metals had been headed for weekly losses.


(With inputs from Reuters)

First Printed: Might 25 2024 | 8:33 AM IST