Gold value dips Rs 10 to Rs 71880 silver falls Rs 100 to Rs 90400 | Commodities

Gold Value Right now: The value of 24-carat gold dipped Rs 10 in early commerce on Saturday with ten grams of the dear metallic promoting at Rs 71,880, in keeping with the GoodReturns web site. The value of silver fell Rs 100, with one kilogram of the dear metallic promoting at Rs 90,400.

The value of 22-carat gold fell Rs 10, with the yellow metallic promoting at Rs 65,890.

The value of ten grams of 24-carat gold in Mumbai is in step with costs in Kolkata and Hyderabad, at Rs 71,880.

In Delhi, Bengaluru, and Chennai, the worth of ten grams of 24-carat gold stood at Rs 72,030, Rs 71,880, 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 65,890.

In Delhi, Bengaluru, and Chennai, the worth of ten grams of 22-carat gold stood at Rs 66,040, Rs 65,890, and Rs 66,490, respectively.

The value of 1 kilogram of silver in Delhi is in step with the silver value in Mumbai and Kolkata at Rs 90,400.

The value of 1 kilogram of silver in Chennai stood at Rs 94,900.

US gold costs rose over 1 per cent on Friday and have been on monitor for his or her first weekly achieve in 4, as indicators of slowing inflation within the US raised hopes of a charge lower later this yr and a inventory selloff throughout Europe additionally lent assist.

Spot gold was up about 1.3 per cent at $2,332.55 per ounce by 1:55 p.m. ET (1755 GMT). Bullion gained 1.8 per cent for the week.

US gold futures settled 1.3 per cent decrease at $2,349.1.

Spot silver rose 1.6 per cent to $29.46 per ounce after hitting its lowest stage in almost one month within the earlier session.

Platinum was up 0.8 per cent at $953.99 and palladium gained 1.3 per cent to $894.50.

(With inputs from Reuters)

First Printed: Jun 15 2024 | 8:11 AM IST