&w=826&resize=826,465&ssl=1 "Gold value climbs Rs 10 to Rs 70,100, silver rises Rs 100 to Rs 83,100 | Commodities")
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 64,410, Rs 64,260, and Rs 64,260, respectively. | Photograph: Bloomberg
Gold Value As we speak: The value of 24-carat gold climbed Rs 10 in early commerce on Saturday, with ten grams of the valuable metallic buying and selling at Rs 70,100, in response to the GoodReturns web site. The value of silver rose Rs 100, with one kilogram of the valuable metallic promoting at Rs 83,100.
The value of 22-carat gold rose Rs 10, with ten grams of the yellow metallic promoting at Rs 64,260.
The value of ten grams of 24-carat gold in Mumbai is in step with costs in Kolkata and Hyderabad, at Rs 70,160.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 24-carat gold stood at Rs 70,250, Rs 70,100, and Rs 70,100, respectively.
In Mumbai, the value of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 64,260.
In Delhi, Bengaluru, and Chennai, the value of ten grams of 22-carat gold stood at Rs 64,410, Rs 64,260, and Rs 64,260, respectively.
The value of 1 kilogram of silver in Delhi is in step with the value of silver in Mumbai and Kolkata at Rs 83,100.
The value of 1 kilogram of silver in Chennai stood at Rs 88,100.
US gold costs held regular on Friday after a pointy rise within the earlier session, bolstered by a dip in US Treasury yields, as buyers grew assured that the Federal Reserve would decrease rates of interest in September.
Spot gold was little modified at $2,427.73 per ounce as of 1826 GMT, after a 1.9 per cent rise on Thursday. US gold futures settled 0.4 per cent larger, at $2,473.4.
Nevertheless, the bullion posted a 0.6 per cent fall this week. Costs fell as a lot as 3 per cent on Monday after buyers liquidated positions in tandem with a broader equities sell-off.
“Within the medium time period, the outlook for gold stays constructive, with any dips prone to be short-lived resulting from underlying macroeconomic components,” stated Zain Vawda, market analyst at MarketPulse by OANDA.
Spot silver was down 0.4 per cent, to $27.44 per ounce and platinum fell 1.1 per cent, to $920.47. Each metals logged weekly losses.
Palladium fell 2.1 per cent, to $903.3, however posted a weekly acquire.
(With inputs from Reuters)
First Printed: Aug 10 2024 | 8:54 AM IST
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