Gold prices in India declined for 2nd consecutive session today as rates hovered below record peak. Meanwhile, as traders are keenly awaiting to a series of labour data this week for more cues. 24k gold price today fell by Rs 330 to Rs 76,910/10 grams and 100 grams of 24 carat precious metal prices today slipped by Rs 3300 to Rs 7,69,100. 22k gold prices today declined by Rs 300 to Rs 70,500/10 grams and 100 grams of 22 carat precious metal prices today turned cheaper by Rs 3000 ahead of the festival season in India.

18k gold prices today lost glitter by Rs 250 to Rs 57,680/10 grams and 100 grams of 18 carat precious metal prices slipped by Rs 2500 to end at Rs 5,76,800 on Tuesday.

22k of 1 gram gold rate today recorded decline by Rs 30 to Rs 7050 and 18k precious metal prices on Tuesday fell by Rs 25 to Rs 5768 per gram. If you are thinking of buying 1 gram of 24k gold today, you will have to pay Rs 7691 after prices fell by Rs 33.

Silver Prices Today In India: Silver price in India today stayed unchanged. 1kg silver prices today in India are retailing at Rs 95,000. On the other hand, 100 grams silver prices today stood in India stood at Rs 9,500.

Spot Gold, Spot Silver Prices Today: Spot gold remained unchanged at $2,635.58 per ounce, as of 0335 GMT, off a record-high level of $2,685.42 hit on Thursday. Meanwhile, US gold futures fell 0.1% to $2,657.00. Spot silver rallied 0.4% to $31.27 per ounce, platinum soared 0.7% to $982.70 and palladium slipped 0.1% to $998.37, according to Reuters.

22k Gold Price Movement In Last 10-Days In India (1 gram)

22k gold price in India today fell by Rs 30, dipped by Rs 15 on September 30, stayed unchanged on September 29, dived by Rs 5 on September 28, soared by Rs 40 on September 27, remained neutral on September 26, gained by Rs 60 on September 25, surged by Rs 20 on September 24, jumped by Rs 20 on September 23, and stayed neutral on September 22.

1kg Silver price India movement in last 10-days

Silver price in India today remained neutral, fell by Rs 100 on September 30, remained steady on September 29, slipped by Rs 1000 on September 28, rallied by Rs 1000 on September 27, rose by Rs 2200 on September 26, declined by Rs 100 on September 25, fell by Rs 100 on September 24, stayed unchanged on September 23, and stayed stable on September 22.

1 Gram of 22k Gold prices In 6 Major Metropolitan Cities Of India On October 1, 2024:

According to Reuters, ” “We have a series of Fed speakers ahead, but data-dependence from policymakers will likely be the common takeaway, which may leave sentiments more sensitive to economic data to move the dial around rate expectations,” IG market strategist Yeap Jun Rong said.

“Any weaker-than-expected read in the upcoming U.S. labour market data could support views for a more aggressive easing process, which could offer some support for gold prices,” added the Reuters report.

Story first published: Tuesday, October 1, 2024, 11:21 [IST]