Today's gold price is constant at Rs 52,760, while silver is down Rs 500

14 Jun 2022 , 10:08 AM

On Tuesday (14-06-2022), the price of gold stayed constant from the previous day’s closing, with 10 grams (24-carat) trading at Rs 52,760. Meanwhile, the price of a gram of 22-carat gold remains steady at Rs 48,360.

In Tuesday’s opening trading, silver was down Rs 500 per kilogram, selling for Rs 61,500 per kg.

For the day, a gram of 24-carat gold costs Rs 52,760 in Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, and Pune. Meanwhile, a gram of 22-carat gold costs Rs 48,360 in Delhi, Mumbai, Kolkata, Bangalore, Hyderabad, and Kerala.

On Tuesday in Chennai, a gram of 24-carat gold and a gram of 22-carat gold were trading at Rs 52,830 and Rs 48,430, respectively.

In Delhi, Mumbai, Kolkata, and Pune, silver is now trading at Rs 61,500. Silver is now trading for Rs 67,300 per kilogram in Chennai, Bangalore, and Hyderabad.

Meanwhile, US gold futures slid 0.2 percent to $1,827.80 on Tuesday, staying at a four-week low, as the dollar remained strong and investors dumped metal to offset losses in other assets.

After dipping to its lowest level since May 19 at $1,810.90 earlier in the day, spot gold rebounded 0.4 percent to $1,825.97 per ounce at 0247 GMT, on expectations of aggressive monetary policy tightening.

On worries that aggressive US interest rate rises might force the world’s largest economy into recession, Asian stocks plummeted on Tuesday after Wall Street reached a certified bear market milestone and bond rates touched a two-decade high.

In the meantime, spot silver increased by 0.5 percent to $21.16 per ounce.