Gold is trading at Rs 52,580 per 10 grams, silver is selling at Rs 61,700 per kg


Ten grams of 24-karat gold was selling at Rs 52,580, up Rs 430 from yesterday’s close.

The price of ten grams of 22 karat gold in Delhi, Bengaluru and Chennai was Rs 48,350, Rs 48,250 and Rs 48,920, respectively.

The price of ten grams of 22 karat gold in Mumbai was at par with the price of gold in Kolkata and Hyderabad, with the yellow metal trading at Rs 48,200.

The price of ten grams of 24 karat gold in Delhi, Bengaluru and Chennai was Rs 52,750, Rs 52,630 and Rs 53,370, respectively.

The price of ten grams of 24 karat gold in Mumbai was at par with the price of gold in Kolkata and Hyderabad, with the precious metal trading at Rs 52,580.

The price of 1 kg of silver in Delhi and Mumbai is Rs 61,700.

The price of 1 kg of silver in Bengaluru, Chennai, Kolkata and Hyderabad is Rs 67,500.

U.S. gold prices extended gains to a nearly three-month high on Friday and were heading for their best week in more than 2½ years as signs of slowing U.S. inflation reinforced bets that the Federal Reserve would be less hawkish on rate hikes. forward.

Spot gold gained 0.7% to $1,766.39 an ounce at 2:28 p.m. ET (1928 GMT), after hitting its highest level since Aug. 18 earlier in the session. Bullion is up more than 5% so far this week.

US gold futures rose 0.9% to $1,769.4.

Spot silver slid 0.3% to $21.6 an ounce but was on course for its second straight weekly gain after hitting its highest level since June

(With contributions from Reuters)

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