Gold Price Snaps Two-Day Drop — Check Rates In Delhi, Mumbai, Chennai And Other Cities
Gold prices was trading marginally higher after two days of price drops. The yellow metal was trading at Rs 1,00,420 per 10 gm, compared to Rs 100,250 on Wednesday.
Gold prices were trading marginally higher after two days of price drops. The yellow metal was trading at Rs 1,00,420 per 10 gm, compared to Rs 1,00,250 on Wednesday. Gold prices saw a slip on the global front after US President Donald Trump announced that “Gold will not be tariffed!” on Truth Social earlier this week.
His statement came after the US customs authorities made public a letter saying that gold bars at two standard weights, one kilogram and 100 ounces, or 2.8-kilo gold bars, would be subject to the levies.
In the last six months, the highest price that the yellow metal had soared to was Rs 1,02,090 on Aug. 10. The price of the commodity went as low as Rs 87,100 on April 7.
Gold Price In Delhi, Mumbai, Bangalore, Chennai
In New Delhi, the price rose to Rs 1,00,060 per 10 gm compared to Rs 99,890 on Wednesday. The gold price in Mumbai also declined to Rs 1,00,240 compared to Rs 1,00,070 per the previous day.
In Bengaluru, the rate stood at Rs 1,00,320, while in Kolkata, it was Rs 1,00,100 per 10 gm. The price of the precious commodity was the highest in Chennai, trading at Rs 1,00,530 per 10 gm.
The gold spot price was trading lower at $3,365 an ounce, according to the World Gold Council. Aug. 5 futures for the yellow metal were trading 0.01% lower at Rs 1,00,151, according to the Multi Commodity Exchange.
Silver Prices
The precious metal price was at Rs 1,15,370 per kilogram on the India Bullion Association. Sept. 5 futures for silver were trading flat at Rs 1,15,026 according to the Multi Commodity Exchange.
