Gold and Silver price:
The price of 22-carat gold remained stable, with the yellow metal selling for Rs 55,200.
The price of 24-carat gold remained constant in early trade on Monday, with ten grams selling for Rs 60,220, according to the GoodReturns website. Silver prices remained constant, with 1 kilogram of the precious metal selling for Rs 76,900.
The price of 22-carat gold remained stable, with the yellow metal selling for Rs 55,200.
Ten grams of 24-carat gold cost Rs 60,220 in Mumbai, the same as it does in Kolkata and Hyderabad.
In Delhi, Bengaluru, and Chennai, ten grams of 24-carat gold costs Rs 60,370, Rs 60,220, and Rs 60,490, respectively.
Ten grams of 22-carat gold cost Rs 55,200 in Mumbai, the same as it does in Kolkata and Hyderabad.
Ten grams of 22-carat gold costs Rs 55,350, Rs 55,200, and Rs 55,450 in Delhi, Bengaluru, and Chennai, respectively.
Gold rose on Monday, bolstered by anticipation that the Federal Reserve might suspend interest rate hikes this year following statistics showing an increase in the unemployment rate in the United States, although it remained below last session’s one-month highs due to a strong dollar.
By 0127 GMT, spot gold was up 0.2% to $1,941.89 per ounce, after reaching a high of $1,952.79 on Friday. Gold futures in the United States climbed 0.1% to $1,967.90.
The US currency remained close to three-month highs, making gold less appealing to foreign purchasers. On Monday, markets in the United States will be closed for a holiday.
The US job market expanded in August, but the unemployment rate rose to 3.8%, and pay growth slowed, according to figures released on Friday.
