In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 67,160.

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,310, Rs 67,160, and Rs 67,160, respectively.

The price of one kilogram of silver in Delhi is in line with the price of silver in Kolkata and Mumbai at 88,400. 

The price of one kilogram of silver in Chennai stood at Rs 93,400.

US gold prices gained on Thursday, helped by prospects of a US interest rate cut in September and a weaker dollar, as traders awaited jobs data and a key inflation print from the world’s top economy for signals on the Federal Reserve’s policy path.

Spot gold rose 0.46 per cent to $2,513.73 per ounce, as of 0034 GMT. Bullion hit a record high of $2,531.60 on Aug. 20.

Spot silver was up 0.5 per cent to $29.245 per ounce, platinum edged 0.22 per cent higher to $932.06 and palladium climbed 0.2 per cent to $948.31.

(with inputs from Reuters)

First Published: Aug 29 2024 | 7:53 AM IST