Sunday, July 7, 2024

Gold Dips by Rs 10, Silver Falls Rs 100; Gold Trading at Rs 72,540

Gold Price Today: The price of 24-carat gold dipped by Rs 10 in early trade on Monday, with ten grams selling at Rs 72,540, according to the GoodReturns website. Silver prices also fell, with a kilogram selling at Rs 90,900 after a Rs 100 decline.

For 22-carat gold, the price fell by Rs 10, now selling at Rs 66,490 per ten grams.

City-wise Gold Prices:

Mumbai, Kolkata, Hyderabad:

24-carat gold: Rs 72,540 per 10 grams

22-carat gold: Rs 66,490 per 10 grams

Delhi:

24-carat gold: Rs 72,690 per 10 grams

22-carat gold: Rs 66,640 per 10 grams

Bengaluru:

24-carat gold: Rs 72,540 per 10 grams

22-carat gold: Rs 66,490 per 10 grams

Chennai:

24-carat gold: Rs 73,140 per 10 grams

22-carat gold: Rs 67,040 per 10 grams

Silver Prices:

Delhi, Mumbai, Kolkata:

Rs 90,900 per kilogram

Chennai:

Rs 95,500 per kilogram

International Market Trends:

US gold prices saw an increase of over 1% on Friday, heading for their first weekly gain in four weeks. Signs of slowing inflation in the US have raised hopes for a rate cut later this year, which, along with a stock selloff across Europe, supported the rise in gold prices.

Spot Gold:

Up 1.3% at $2,332.55 per ounce (by 1:55 p.m. ET)

Weekly gain of 1.8%

US Gold Futures:

Settled 1.3% lower at $2,349.1

Spot Silver:

Up 1.6% at $29.46 per ounce

Platinum:

Up 0.8% at $953.99 per ounce

Palladium:

Up 1.3% at $894.50 per ounce

The rise in US gold and silver prices indicates a positive outlook driven by economic factors and market sentiments.

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Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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