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Gold, silver prices surge, heres how much it will cost in different cities

On Saturday, 24-carat gold prices rose by Rs 10 to Rs 73,320 per ten grams, with silver increasing by Rs 100 to Rs 87,100 per kilogram.

Gold

In early trading on Saturday, the price of 24-carat gold increased by Rs 10, bringing the cost of ten grams to Rs 73,320, according to GoodReturns. Silver also saw a rise of Rs 100, with one kilogram priced at Rs 87,100. Similarly, the price of 22-carat gold went up by Rs 10, with ten grams trading at Rs 67,210.

In Mumbai, the price of ten grams of 24-carat gold aligns with that in Kolkata and Hyderabad, at Rs 73,320. Meanwhile, in Delhi, Bengaluru, and Chennai, ten grams of 24-carat gold are priced at Rs 73,470, Rs 73,320, and Rs 73,320, respectively. For 22-carat gold, Mumbai's price of Rs 67,210 matches that of Kolkata and Hyderabad. In Delhi, Bengaluru, and Chennai, ten grams of 22-carat gold are priced at Rs 67,360, Rs 67,210, and Rs 67,210, respectively.

Gold prices approached one-week highs on Thursday, influenced by a weaker U.S. dollar and lower yields. This shift came after signs of a cooling labor market led investors to anticipate a significant rate cut from the Federal Reserve this month. Spot gold rose 0.9% to $2,515.93 per ounce by 2:03 p.m. ET (1803 GMT), although it slightly reduced gains following U.S. services sector data. U.S. private employers reported the lowest hiring numbers in 3.5 years for August, signaling a potential slowdown in the labor market.  

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