News

Gold Prices Today: Gold Surges Rs 274, Silver Above Rs 448 Amid Firm Global Cues

In the international market, the gold price surged 0.7 per cent at $1,747 per ounce at 1743 GMT. For the past six sessions, gold has been trading lower to hit $1,727, the lowest since July 27

Source: Shutterstock
info_icon

In Mumbai, the price of 10 grams of 22-carat stood surged by Rs 250 at Rs 47,250, whereas the price of 10 grams of 24-carat of yellow metal advanced by Rs 320 to Rs 51,930, compared to Rs 52,150 in the previous session. 

Similarly, in Bengaluru, the price of 10 grams of 22-carat advanced by Rs 250 to Rs 47,300, whereas the price of 10 grams of 24-carat gold surged by Rs 270 to Rs 51,600.

In Chennai, the price of 10 grams of 22-carat gold surged by Rs 50 to Rs 48,050, whereas the price of 10 grams of 24-carat gold slipped by Rs 20 to Rs 52,420. 

Advertisement

Notably, in the international market, the gold price surged 0.7 per cent at $1,747 per ounce at 1743 GMT. For the past six sessions, gold has been trading lower to hit $1,727, the lowest since July 27, as per Reuters data.

Meanwhile, spot silver was trading 0.5 per cent higher to $19.10 per ounce. 

Tapan Patel, Senior Analyst (Commodities) at HDFC Securities says, “Gold prices recovered on weaker dollar and ease in US bond yields.”

(With inputs from PTI)

Advertisement

Advertisement

Advertisement

Advertisement