Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400

Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400

The price of 24-carat gold rose Rs 330 during Wednesday's early trade, with ten grams of the precious metal selling at Rs 60,490 according to the GoodReturns website. Silver price remained unchanged with 1 kg of the precious metal selling at Rs 77,400.

The price of 22-carat gold rose Rs 300 and the yellow metal was selling at Rs 55,450.

The price of ten grams of 24-carat gold in Mumbai is at par with that in Kolkata and Hyderabad, at Rs 60,490.

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 60,640, Rs 60,490, and Rs 60,570, respectively.

The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 55,450.

The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 55,600, Rs 55,450, and Rs 55,520, respectively.

US gold prices held near their highest levels in a week in early Asian trading on Thursday after the Federal Reserve delivered a widely expected interest rate hike and investors digested fairly balanced comments from Chair Jerome Powell.

Spot gold was up 0.2 per cent at $1,975.05 per ounce by 0114 GMT, its highest since July 20.

US gold futures also gained 0.2 per cent to $1,974.70.

One kg of Silver in Mumbai and Delhi is trading at Rs 77,400.

The price of 1 kg of silver in Chennai and Hyderabad is Rs 80,400.