India, June 3 -- The price of 24-karat gold on Wednesday stood at Rs.1,54,800 per 10 grams, including all taxes, up from Rs.1,54,700 on Tuesday.

Among major cities, gold was priced at Rs.1,54,854 per 10 grams in Mumbai, Rs.1,54,700 in Delhi, Bengaluru and Pune, and Rs.1,56,092 in Ahmedabad. Gold in Chennai is priced at Rs. 1,56, 158.

Silver prices for 10 grams stood at Rs.2,655 in Delhi, Rs.2,656.98 in Mumbai, and Rs.2,653 in Bengaluru.

Gold prices edged lower on Wednesday as renewed hostilities in the Middle East lifted oil prices and stalled progress in US-Iran talks, while investors awaited key US economic data.

Fresh strikes have raised fears that the conflict could spiral back into war.

Spot gold fell 0.3% to $4,471.38 per ounce...