NEW DELHI, Sept 13 (Business Today): Gold and silver prices today inched up in the international market to $1,735.14 an ounce, near a two-week high hit in the previous session, helped by a subdued dollar.
Gold prices remained flat in the domestic market on September 13 and were trading at Rs 46,750 per 10 gram for 22 carats, while 24-carat was available at Rs 51,000 per 10 gram. The silver price rose by Rs 1,800 and was at Rs 57,000.
In the domestic market, gold prices traded near one-month lows when MCX futures fell 0.2 per cent to Rs 50,436 per 10 gram on Monday. Silver futures, however, rose 0.7 per cent to Rs 55,417 per kg. In the global market, gold prices were firm on early Tuesday near a two-week high hit in the previous session, helped by a subdued dollar.
In the national capital Delhi, the gold price for 24 carats (10 gram) is Rs 51,150 while 22 carat (10 gram) is Rs 46,900. In Kolkata, 24-carat gold (10 gram) is available for Rs 51,000, while 22 carat (10 gram) is Rs 46,750.
On the other hand, the price of 24-carat gold (10 gram) in Mumbai is Rs 51,000, while 22-carat gold (10 gram) is Rs 46,750. In Chennai, 24-carat gold (10 gram) is available for Rs 51,760, and 22 carat (10 gram) is available for Rs 47,450.
In global markets, the yellow metal was flat ahead of key US inflation reading. Spot gold traded held its ground at $1,714.41 per ounce while silver rose 0.7 per cent to $18.91 per ounce.
Experts feel the gold was flat mainly due to the weaker US dollar, China's virus concerns, and Europe's energy crisis, which has prompted most central banks to take monetary tightening steps to fight inflation.
