Big Fall In Gold Prices Today: Check Latest Prices As Silver Dips Too

Gold prices India witnessed a sharp decline on Thursday amid strong US yields and strengthening Dollar. Current, gold prices in India for 22 carat of 10 grams is Rs 53,900 after a dip of Rs 600. The price of 24 carat of 10 grams yellow metal is Rs 58,800 after a decline of Rs 650 on Thursday.

If you are planning to buy 100 grams of 22 carat gold in India today, you will have to shell out Rs 5,39,000 after prices fell by Rs 6000 today. Meanwhile, 100 grams of 24 carat gold price in India have been retailing for Rs 5,88,000 after a fall of Rs 6500.

Gold prices in leading cities today:

Delhi Gold Price: The price of 22 carat of 10 grams gold in Delhi is Rs 54,050 and for 24 carat of 10 grams gold, the price is Rs 58,950.

Kolkata Golf Price: If you happen to be in Kolkata, you will have to pay Rs 53,900 for 10 grams of 22 carat gold and Rs 58,800 for 10 grams of 24 carat gold.

Kerala Gold Price: The cost of 22 carat of 10 grams gold in Kerala is Rs 53,900 and price of 24 carat of 10 grams precious metal is Rs 58,800.

Silver Prices India Today: Prices of silver too witnessed a fall on Thursday. If you buy 1 kg of silver in India, you need to pay Rs 73,700 today after prices slipped by Rs 500.

Rupee Today: Meanwhile, rupee surged 1 paisa to 83.21 against the US Dollar in a restricted trade on Thursday as Sensex declined 328 points till 12:30 pm to Rs 65,790.63.

Rupee was trading flat in the early session amid surge in crude oil prices and the US dollar index staying above the 106-mark against the leading currencies, said forex dealers.

The rupee opened flat at 83.22 against the US dollar and later moved in a range of 83.25 to 83.20 in morning deals. It was trading at 83.21 to US dollar at 9.35 am, up by 1 paisa over the previous close, according to a PTI report.

Spot gold remained up 0.1% to $1,876.89 per ounce by 0040 GMT, after falling 1.4%, its biggest daily dip in nearly two months, on Wednesday. US gold futures surged 0.17% to $1,894.20.

The dollar and Treasury yields held at elevated levels as markets are awaiting US economic data for more hints on the Federal Reserve's interest rate path.