Gold price in India today: 24 karat gold tumbles; silver price surges
For 10 gram, 24 karat was valued at Rs 32,000, down by Rs 90, compared to previous day price of Rs 32,090.
Despite global yellow metal witnessing uptick today, Indian gold prices tumbled in both 22 karat and 24 karat one in various grams. However, silver firmed up shrugging off previous subdued performance with the decline in gold prices.
24 karat gold: For 10 gram, this gold was valued at Rs 32,000, down by Rs 90, compared to previous day price of Rs 32,090. While 100 gram of gold in the same karat was available at Rs 3,20,000 - lower by Rs 900 as against previous day price of Rs 3,20,900, as per GoodReturns.in data.
22 karat gold: For 10 gram, this was priced at Rs 29,920, below Rs 80 versus previous day price of Rs 30,000. Meanwhile, 1000 gram gold in the same karat slipped by Rs 800 to Rs 2,99,200 from previous day price of Rs 3,00,000.
Here's a list of gold rates in major Indian cities, as per the data.
Silver price: This metal surged by Rs 200 in 1kg, and was available at Rs 41,900 as against the previous day prices of Rs 41,700. While 100 gram was valued at Rs 4,190, up by Rs 20 versus Rs 4,170, of the previous day.
Spot gold rose 0.2 percent to $1,327.48 per ounce by 0309 GMT. It hit a one-week high on Wednesday at $1,340.42, before closing at $1,325.49 an ounce. US gold futures were mostly unchanged at $1,32.20.
As per Reuters report, gold prices were steady as investors awaited more details on US President Donald Trump`s proposed steel and aluminium tariffs, the outcome of the European Central Bank`s policy meeting, and US jobs data.