Gold and silver prices surge in early trade

Gold and silver prices surge in early trade

In Mumbai, 10 grams of 22-carat and 24-carat gold is selling at Rs 52,750 and Rs 57,550, respectively

FPJ Web DeskUpdated: Wednesday, February 08, 2023, 11:11 AM IST
article-image
Gold and silver prices surge in early trade | Image: Wikipedia (Representative)

Gold prices rose by Rs 110 during Wednesday's early trade, with 10 grams of 24-carat gold trading at Rs 57,550. Silver prices also surged by Rs 100, with 1 kg of silver selling at Rs 71,400.

The price of 10 grams of 22-carat gold went up by Rs 100 to Rs 52,750, according to the GoodReturns website.

Citywide breakdown

In Mumbai, Kolkata, and Hyderabad, the price of ten grams of 22-carat and 24-carat gold is Rs 52,750 and Rs 57,550, respectively.

In Delhi, Bengaluru, and Chennai, the price of 10 grams of 22-carat gold is Rs 52,900, Rs 52,800, and Rs 53,730, respectively.

While the price of 10 grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 57,700, Rs 57,600, and Rs 58,620, respectively.



US Spot gold was up 0.1 per cent at $1,876.14 per ounce, as of 0058 GMT. US gold futures firmed 0.2 per cent to $1,887.90.

Spot silver rose 0.4 per cent to $22.27 per ounce, platinum was 0.4 per cent higher at $977.40 and palladium fell 0.2 per cent to $1,642.24.

In Delhi, Mumbai, and Kolkata, the price of 1 kg of silver is Rs 71,400.

In Bengaluru, Hyderabad, and Chennai, the price of 1 kg of silver is Rs 74,000.

RECENT STORIES

Gold Surges ₹1,500 To ₹1,27,300 Per 10 Grams In Delhi As Global Prices Rally On Safe-Haven...

Gold Surges ₹1,500 To ₹1,27,300 Per 10 Grams In Delhi As Global Prices Rally On Safe-Haven...

Adani Sells Additional 13% Stake In AWL Agri Business To Wilmar

Adani Sells Additional 13% Stake In AWL Agri Business To Wilmar

India–US Trade Breakthrough Nears: First Phase Of Bilateral Agreement Set To Ease Tariffs After...

India–US Trade Breakthrough Nears: First Phase Of Bilateral Agreement Set To Ease Tariffs After...

Servotech Secures ₹74 Crore Rooftop Solar Project Under PM Surya Ghar Scheme For 5,886 SC/ST Homes

Servotech Secures ₹74 Crore Rooftop Solar Project Under PM Surya Ghar Scheme For 5,886 SC/ST Homes

US Funding Halt Pushes World Health Organization Toward 2,000 Global Job Cuts By 2026, Geneva Office...

US Funding Halt Pushes World Health Organization Toward 2,000 Global Job Cuts By 2026, Geneva Office...