New Delhi, Jul 15: The gold rose Rs 10 in early trade on Tuesday, with ten grams of the precious metal trading at Rs 99,890 according to the GoodReturns website.
The price of silver went down by Rs 100, with one kilogram of the precious metal selling at Rs 1,14,900.
The white metal rallied by Rs 5,000 to hit a lifetime high of Rs 1,15,000 per kilogram (inclusive of all taxes) on Monday, reaching a new record high in the domestic market and hitting the highest level in almost 14 years in the international market.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at Rs 99,890.
In Delhi, the price of ten grams of 24-carat gold stood at Rs 1,00,040.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at Rs 1,14,900.
The price of one kilogram of silver in Chennai stood at Rs 1,24,900.
US gold inched higher on Tuesday as traders awaited the release of US inflation data later in the day that could shed more light on the Federal Reserve’s interest rate path.
Spot gold was up 0.1 per cent at $3,348.35 per ounce, as of 0101 GMT. US gold futures were steady at $3,357.30.
Spot silver gained 0.1 per cent to $38.15 per ounce, after hitting its highest level since September 2011 on Monday.
Platinum eased 0.1 per cent to $1,362.55 and palladium slipped 1 per cent to $1,182.25.
(with inputs from Reuters)
