The price of gold in India fell slightly on Friday. Ten grams of 24-carat gold was trading at Rs 73,410, down Rs 10 from the previous day. The price of 22-carat gold also declined by Rs 10, selling at Rs 67,290 per ten grams.
Silver prices also saw a drop. One kilogram of silver was selling at Rs 92,400, down Rs 100 from Thursday.
The price of gold and silver varied slightly across different cities in India. Here’s a quick breakdown:
- 24-carat gold:
- Mumbai, Kolkata, Hyderabad: Rs 73,410 per 10 grams
- Delhi, Bengaluru, Chennai: Rs 73,560, Rs 73,410, Rs 73,630 per 10 grams
- 22-carat gold:
- Mumbai, Kolkata, Hyderabad: Rs 67,290 per 10 grams
- Delhi, Bengaluru, Chennai: Rs 67,440, Rs 67,290, Rs 67,490 per 10 grams
- Silver:
- Delhi, Mumbai, Kolkata: Rs 92,400 per kilogram
- Chennai: Rs 96,900 per kilogram
Globally, gold prices rose slightly but were on track for a weekly decline. Investors are reassessing their expectations for a US interest rate cut after the Federal Reserve indicated a delay in monetary policy easing.
