Gold Rate Today: Price of Yellow Metal Slips to 51,665 per 10 gram, Silver Falls to Rs 66,821 Per Kg

Gold and silver prices slipped lower in the Indian market on Thursday. According to a Livemint report, on MCX October gold futures were down 0.22 percent to Rs 51,665 per 10 gram. Silver futures fell 1 percent to Rs 66,821 per kg.

Gold | Representational Image | (Photo Credits: IANS)

Mumbai, August 27: Gold and silver prices slipped lower in the Indian market on Thursday. According to a Livemint report, on MCX October gold futures were down 0.22 percent to Rs 51,665 per 10 gram. Silver futures fell 1 percent to Rs 66,821 per kg.

Spot gold was steady at $1,952.11 per ounce, supported by a weaker US dollar. Among other precious metals, silver dropped 0.8% to $27.30 per ounce, platinum rose 0.6% to $934.29. India Sees Biggest Single-Day Spike of 75,760 Coronavirus Cases, COVID-19 Tally Rises to 33,10,235, Death Toll Crosses 60,000.

According to Good Returns, the cost of 24 carat 10-gram is Rs 51,410 in Mumbai. The price of 10-gram 24-carat gold in Delhi is Rs 54,390. The price of 10-gram gold in Kolkata, on the other hand, is at Rs 52,880. Talking about spot gold rate, it was steady at $1,952.11 per ounce, supported by a weaker US dollar.

(The above story first appeared on LatestLY on Aug 27, 2020 01:51 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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