Across major cities, the price of 24-carat gold remained uniform at Rs 1,42,160 per 10 grams in Mumbai and Kolkata, while it was higher in Chennai at Rs 1,43,140. In the national capital, Delhi, 24-carat gold was priced at Rs 1,42,310 per 10 grams
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Gold prices inched higher in early trade on Tuesday, with the rate of 24-carat gold rising by Rs 10 to Rs 1,42,160 per 10 grams. Silver prices also moved up, gaining Rs 100 to trade at Rs 2,70,100 per kilogram, according to market data.
The price of 22-carat gold increased by Rs 10 as well, with 10 grams selling at Rs 1,30,310.
Across major cities, the price of 24-carat gold remained uniform at Rs 1,42,160 per 10 grams in Mumbai and Kolkata, while it was higher in Chennai at Rs 1,43,140. In the national capital, Delhi, 24-carat gold was priced at Rs 1,42,310 per 10 grams.
For 22-carat gold, Mumbai, Kolkata, Bengaluru and Hyderabad recorded a rate of Rs 1,30,310 per 10 grams, while Chennai saw a higher price of Rs 1,31,210. In Delhi, the yellow metal was quoted at Rs 1,30,460 per 10 grams.
Silver prices stood at Rs 2,70,100 per kilogram in Delhi, Kolkata and Mumbai, while Chennai recorded a higher rate of Rs 2,87,100 per kilogram.
Gold, silver prices hit fresh highs amid global uncertainties
Meanwhile, gold and silver prices touched record highs on Monday as markets reacted to the US Justice Department's escalation of tensions with the Federal Reserve and intensifying protests in Iran that heightened geopolitical risks.
MCX gold February futures surged 1.46 per cent to Rs 1,40,838 per 10 grams, while MCX silver March futures rose 3.66 per cent to Rs 2,61,977 per kg.
Spot gold price surged 1.45 per cent at USD 4,575.82 an ounce, after hitting a fresh record high of USD 4,601.17 level. Silver prices gained 4.85 per cent to touch USD 83.19, after hitting a record high of USD 83.88.
Gold gained over 4 per cent last week, while silver rallied more than 7 per cent. Russia's war in Ukraine, the US capture of Venezuela's President Nicolas Maduro, and Washington's renewed signals over taking control of Greenland also act as tailwinds for rally of precious metals.
In the international market, spot gold surged past the USD 4,600 per ounce level for the first time. The yellow metal gained USD 90.72, or 2 per cent, to touch a record USD 4,601.69 per ounce.
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