Gold prices increased by Rs 330 from last close during Tuesday's early trade, with 10 grams of 24-carat gold trading at Rs 60,000. Silver prices also went up by Rs 700 with 1 kg selling at Rs 74,000.
The price of 10 grams of 22-carat gold dropped by Rs 300 to Rs 55,000, according to the GoodReturns website.
Citywide breakdown
In Mumbai, Kolkata, and Hyderabad, 10 grams of 22-carat and 24-carat gold are trading at Rs 55,000, and Rs 60,000, respectively.
In Delhi, Bengaluru, and Chennai, 10 grams of 22-carat gold is at Rs 55,150, Rs 55,050, and Rs 55,900, respectively.
In Delhi, Bengaluru, and Chennai, 10 grams of 24-carat gold is at Rs 60,150, Rs 60,050, and Rs 60,980, respectively.
Spot gold was trading 0.2 per cent lower at $1,970.79 per ounce, as of 0050 GMT, after rising 1% on Tuesday. US gold futures eased 0.1 per cent to $1,972.30.
Spot silver rose 0.3 per cent to $23.33 per ounce, while platinum was flat at $962.96 and palladium was also listless at $1,419.39.
In Delhi, Mumbai, and Kolkata, the price of 1 kg of silver is Rs 74,000.
In Bengaluru, Chennai, and Hyderabad, the price of 1 kg of silver is Rs 77,500.
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