Spot gold turns flat in Delhi, Mumbai, Bengaluru, Kolkata. Check latest prices  |  Photo Credit: PTI
Prices of precious metals gold and silver were flat on Thursday after some decent gains during April. However, a dip in dollar and weaker US Treasury yields kept investor sentiment higher.
Investor sentiment is likely to stay robust owing to the safe-haven appeal of the yellow metal as the domestic equity market continues to remain weak.
In Delhi, spot gold prices on Thursday were at Rs 50,820 per 10 gm for 24K up by Rs 10 from yesterday while silver was at Rs 70,300, up Rs 1,500 for 1 kg of precious metal. In Mumbai, spot gold was at Rs 46,200 per 10 gm while silver was at Rs 68,600 per 1 kg, according to Goodreturns.in.
In Kolkata, 24k gold was at Rs 49,690 per 10 gm, up by Rs 310 while silver was at Rs 70,300 per kg up by Rs 1,500 from yesterday’s levels.
Spot gold price today (10 gm)
In Bengaluru, the yellow metal was at Rs 49,200 per 10 gm, up Rs 270 while silver was at Rs 70,300, up Rs 1,500 per kg.
Gold for June exports on Multi Commodity Exchange (MCX) were at 47,923 per 10 gm, down Rs 305 or 0.6% on Thursday. Silver futures for May delivery on MCX were last seen trading at Rs 69,828 per kg down Rs 510 or 0.73%. In the previous session, the yellow metal rose 0.72% to its two-month high levels of Rs 48,200 while silver surged 2.3% or RS 1615 per kg.
GoldIn the international market, yellow metal on Thursday rose to its two-month high levels of $1,800 on the back of a weak dollar and rising US treasury yields. Spot gold remained steady at $1,793.32 per ounce after reaching its highest since February 25 at $1,797.67, according to Reuters