In early trade on Friday, the price of 24-carat gold witnessed a slight increase of Rs 10, with ten grams of the precious metal being sold at Rs 89,850, according to data from the GoodReturns website. Meanwhile, silver prices saw a decline of Rs 100, bringing the cost of one kilogram to Rs 1,01,900.
Similarly, the price of 22-carat gold also rose by Rs 10, with ten grams now priced at Rs 82,360. Gold rates across major cities showed uniformity, with ten grams of 24-carat gold priced at Rs 89,850 in Mumbai, Kolkata, and Chennai. However, in Delhi, the same quantity was trading at Rs 90,000. For 22-carat gold, the price in Delhi stood at Rs 82,510 per ten grams.
Silver prices remained consistent across key metropolitan cities. One kilogram of silver was priced at Rs 1,01,900 in Delhi, Kolkata, Mumbai, and Chennai.
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On the international front, gold prices surged to a record high amid concerns over potential trade tensions following fresh tariff announcements by U.S. President Donald Trump. This development fueled the demand for gold as a safe-haven asset. As of 0035 GMT, spot gold was up 0.2 per cent at 3,061.72 Dollars per ounce, having earlier touched a record peak of 3,063.20 Dollars. The metal has gained 1.3 per cent this week.
Meanwhile, silver edged up by 0.1per cent to 34.43 dollars per ounce. Platinum remained steady at 986.09 dollars, while palladium saw a 0.3 per cent increase, reaching 978.71 dollars per ounce.
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