Latest Market Update: Gold Prices Dip by Rs 10; Silver Drops to Rs 97,900 - Read Now

Latest Market Update: The prices of gold slipped marginally on Tuesday with 24-carat gold slipping by Rs 10 to Rs 79,790 per ten grams as per the latest data released by GoodReturns. Similarly, the silver price slipped by Rs 100 and is now available at Rs 97,900 per kilogram.

Along with the reduction in 24-carat gold, the cost of 22-carat gold is also reduced to Rs 10 and that too is priced at Rs 73,140 for ten grams. The rest of the major cities in India have kept the prices steady, while ten grams of gold in 24-carat in Mumbai, Kolkata, and Hyderabad is trading for Rs 79,790.

Ten grams of 24-carat gold is sold for Rs 79,940 in Delhi; however, the Bengaluru and Chennai reports show Rs 79,790. In case of 22-carat gold, there is a trend in the pricing; ten grams sells at Rs 73,290 in Delhi and at Rs 73,140 in Bengaluru and Chennai.

The silver prices in the large Indian markets have remained stable for now, and one kilogram of silver is Rs 97,900. Delhi, Mumbai, Kolkata, and the rest. Chennai reports a much bigger price at Rs 1,06,900.

US gold prices steadied as investors waited for some key economic data that may determine the interest rate decisions of the Federal Reserve. Spot gold rose 0.1% to $2,744.51 per ounce by 0014 GMT. Gold prices had touched a record high of $2,758.37 last Wednesday.

In the spot silver prices, little movement was seen at $33.70 an ounce. Meanwhile, other precious metals saw an increase in the price of palladium by 0.1% at $1,034.36 and the price of platinum declined a little at $1,215.24 with a minor decline of 0.3%.

Nowadays, people are watching closely at the rise and fall in the gold and silver prices. According to the trend in the market, a person is able to decide which investment can be taken in precious metals.

With the world economy and the precious metals market changing constantly, no one can afford to lag behind when it comes to updates on the latest changes in price.

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