logo
Gold price down ₹10 to ₹97,630 , Silver price rises ₹100 to ₹1,00,100

Gold price down ₹10 to ₹97,630 , Silver price rises ₹100 to ₹1,00,100

The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹89,490
BS Web Team New Delhi
Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Tuesday, with ten grams of the yellow metal trading at ₹97,630 according to the GoodReturns website. The price of silver rose ₹100, with one kilogram of the precious metal selling at ₹1,00,100.
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹89,490.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹97,630.
In Delhi, the price of ten grams of 24-carat gold stood at ₹97,780.
In Mumbai, the price of ten grams of 22-carat gold is ₹89,490, which is at par with Kolkata, Bengaluru, Chennai, and Hyderabad.
In Delhi, the price of ten grams of 22-carat gold stood at ₹89,640.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,00,100.
The price of one kilogram of silver in Chennai stood at ₹1,11,100.
US gold prices edged up on Tuesday, supported by a weaker dollar and concerns over the US fiscal outlook, while investors looked for further clarity on trade policy after President Donald Trump postponed a planned tariff hike on European goods.
Spot gold was up 0.1 per cent at $3,344.36 an ounce, as of 0047 GMT.
US gold futures fell 0.6 per cent to $3,344.60.
Spot silver gained 0.4 per cent to $33.47 an ounce, platinum was steady at $1,085.63 and palladium edged 0.1 per cent lower to $986.75.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold price climbs ₹10 to ₹1,03,320; silver falls ₹100, trading at ₹1,16,900
Gold price climbs ₹10 to ₹1,03,320; silver falls ₹100, trading at ₹1,16,900

Business Standard

time27 minutes ago

  • Business Standard

Gold price climbs ₹10 to ₹1,03,320; silver falls ₹100, trading at ₹1,16,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹94,710 Gold Price Today: The price of 24-carat gold climbed ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,03,320, according to the GoodReturns website. The price of silver fell ₹100, with one kilogram of the precious metal selling at ₹1,16,900. The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹94,710. The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,03,320. In Delhi, the price of ten grams of 24-carat gold stood at ₹1,03,470. In Delhi, the price of ten grams of 22-carat gold stood at ₹94,860. The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,16,900. The price of one kilogram of silver in Chennai stood at ₹1,26,800. US gold futures pared gains on Friday, retreating from record high levels, after reports that the White House plans to issue an executive order clarifying the country's stance on gold bar tariffs. The statement from White House official on the upcoming executive order follows a ruling posted by the US Customs and Border Protection service's website, indicating that Washington may place the most widely traded gold bullion bars in the United States under country-specific import tariffs. December US gold futures were steady at $3454.1 per ounce as of 1852 GMT, after hitting a record $3,534.10 earlier in the session. The spread between US gold futures and spot prices widened, and currently sits at $57, down from over $100 earlier in the session. Spot gold steadied at $3,396.8 per ounce as of 2:52 p.m. ET (1852 GMT), but was up 1 per cent for the week. Elsewhere, spot silver was steady at $38.29, platinum fell 0.5 per cent to $1,327.85, and palladium was down 2.2 per cent at $1,125.48.

Northvolt ramped up production of quality batteries before halting operations, saysn former COO
Northvolt ramped up production of quality batteries before halting operations, saysn former COO

Time of India

time27 minutes ago

  • Time of India

Northvolt ramped up production of quality batteries before halting operations, saysn former COO

Bankrupt Swedish battery maker Northvolt had stepped up production of high-quality battery cells at its Skelleftea plant before operations were halted, a former executive said on Friday, a major factor in sealing a deal to sell the company. Northvolt, once seen as Europe's answer to dominant Chinese battery manufacturers, filed for bankruptcy in March and ceased production in June after failing to secure a buyer in time. U.S. battery startup Lyten said on Thursday it would buy most of Northvolt's assets, reviving hopes of a European battery champion. Lyten CEO Dan Cook told Reuters this week that the quality delivered by Northvolt's management team - many of whom are expected to join Lyten - was a key factor behind the deal, and that as yields had already reached the 90% range, ramp up time was expected to be relatively short. Northvolt's former Chief Operations Officer Matthias Arleth said at a press conference on Friday that the company had been producing up to 30,000 high-quality battery cells per week at Skelleftea. It was not clear what role, if any, Arleth will play going forward. Reuters reported in November that Northvolt had missed internal targets for cells deemed good enough to be delivered to clients. Gustaf Sundell, head of ventures and new business at truckmaker Scania, told Reuters on Thursday that the company had been satisfied with the quality of the Northvolt cells it eventually received. However, he said it was too early to determine whether Scania would place orders with Lyten. Piling debts Northvolt's bankruptcy trustee Mikael Kubu said that many creditors would incur significant losses, without giving further details. The company's debt totalled around $8 billion. Unsecured creditors include major shareholders Goldman Sachs and Volkswagen, whose brands Scania, Porsche and Audi, were among Northvolt's customers. Lyten, a Silicon Valley battery startup developing lithium-sulphur cells as a cleaner alternative to lithium-ion, is backed by Jeep-owner Stellantis and U.S. delivery services provider FedEx. The trustee said the acquisition of Swedish assets was expected to close by the end of October with "a bit more time" needed to close abroad.

Trump, Putin to meet in Alaska: Swapping territories & Ukraine war freeze on the cards
Trump, Putin to meet in Alaska: Swapping territories & Ukraine war freeze on the cards

First Post

time27 minutes ago

  • First Post

Trump, Putin to meet in Alaska: Swapping territories & Ukraine war freeze on the cards

Both US and Russia have confirmed that American President Donald Trump and his Russian counterpart, Vladimir Putin, will be holding talks in Alaska amid reports that a Ukraine peace deal might involve 'swapping of territories' read more US President Donald Trump said that he will meet his Russian counterpart, Vladimir Putin, in Alaska to discuss the war in Ukraine that has been going on for three-and-a-half years. Trump noted that the talks would also involve 'some swapping of territories', raising concerns about Ukrainian territories that are under Russian control. In a brief post on TruthSocial on Friday, Trump confirmed the location of the meeting between the two world leaders and said that it will take place next Friday. Kremlin went on to confirm that they have received an invitation for the Alaska meeting. Trump's confirmation post came just hours after he told reporters in the White House that the meeting 'would have been sooner, but I guess there's security arrangements that unfortunately people have to make'. STORY CONTINUES BELOW THIS AD The US President also noted that 'there'll be some swapping of territories to the betterment of both' Ukraine and Russia, and that the matter would be discussed soon with both sides. Trump's remarks on the matter came after Bloomberg reported on Friday that the deal could cement some of Putin's territorial gains in Ukraine. The proposal might call for the freezing of the battle lines in the Kherson and Zaporizhzhia regions. It is pertinent to note that Putin has claimed that Russia annexed four Ukrainian regions in their entirety, although much of their territory remains under Ukrainian control. The war freeze on the cards According to the Bloomberg report, US and Russian officials are working on a deal under which Russia would halt its offensive in exchange for territorial concessions. However, the proposal would not sit well with Ukraine. Trump's comments on the matter came after Poland's prime minister said a 'freeze' in the conflict could be close, after speaking with the Ukrainian leader, Volodymyr Zelenskyy, who has communicated with Trump and European leaders in recent days. 'There are certain signals, and we also have an intuition, that perhaps a freeze in the conflict – I don't want to say the end, but a freeze in the conflict – is closer than it is further away,' Donald Tusk said during a news conference. 'There are hopes for this.' Tusk maintained that Zelenskyy was 'very cautious but optimistic' about the ceasefire, Reuters reported. Meanwhile, Trump has expressed his readiness to meet Putin one-on-one without the presence of Ukrainian President Volodymyr Zelenskyy. This eventually stoked fears that Ukraine may be left out of negotiations for the framework of a potential ceasefire. It is important to note that if a meeting between the two leaders takes place, it would be the first US-Russia summit since 2021, when former president Joe Biden met Putin in Geneva. Russia confirms Meanwhile, the Kremlin on Saturday confirmed that Russian President Vladimir Putin and US counterpart Donald Trump would meet in Alaska for talks next Friday, calling the choice of location 'quite logical'. 'Russia and the United States are close neighbours, bordering each other,' Kremlin aide Yuri Ushakov said. 'It seems quite logical that our delegation should simply fly across the Bering Strait and that such an important and eagerly awaited summit between the leaders of the two countries should be held in Alaska.' STORY CONTINUES BELOW THIS AD The Kremlin also noted that it has invited Trump to embark on a separate visit to Russia after the meeting. 'Looking ahead, it is natural to hope that the next meeting between the presidents will be held on Russian territory. A corresponding invitation has already been sent to the US president,' Ushakov averred. With inputs from agencies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store