Gold and Silver Prices Decline in India Amid Global Market Fluctuations
Gold price dips ₹10 to ₹1,54,740; silver falls ₹100, trading at ₹2,64,900
Business Standard
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On Thursday, the price of 24-carat gold in India fell by ₹10 to ₹1,54,740 per ten grams, while silver decreased by ₹100 to ₹2,64,900 per kilogram. The decline comes as global gold prices remain stable amid geopolitical tensions involving the United States and Iran.
- 0124-carat gold price in India drops to ₹1,54,740 per ten grams.
- 02Silver price declines to ₹2,64,900 per kilogram.
- 0322-carat gold also sees a decrease of ₹10.
- 04Gold prices in major Indian cities show slight variations.
- 05Global gold prices remain steady amid geopolitical uncertainties.
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On Thursday, the price of 24-carat gold in India fell by ₹10, trading at ₹1,54,740 per ten grams. Similarly, the price of silver decreased by ₹100, with one kilogram selling at ₹2,64,900. The price for 22-carat gold also dropped by ₹10, bringing it to ₹1,41,840 per ten grams. Prices varied slightly across major cities, with Chennai recording the highest price for both gold and silver. In global markets, US gold prices remained largely steady, with spot gold trading at $4,744.31 per ounce, as investors awaited clarity on potential peace talks between the United States and Iran. Other metals like platinum and palladium also saw minor gains.
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The decline in gold and silver prices could affect investment decisions for buyers and sellers in the Indian market, potentially influencing consumer spending and investment patterns.
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