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.