The rate of 20, 18 and 14-carat gold remained at Rs 44,900, Rs 40,700 and Rs 32,300 respectively. Pure Ginni (gold coin) is being traded at Rs 41,000.
For 23-carat, the price of 10 gram of the yellow metal is Rs 50,500 while the rate of 22 carat gold has reached 49,500. Similarly, the rate of 20, 18 and 14 carat gold remained at Rs 44,700, Rs 40, 500 and Rs 32, 100 respectively, while pure Ginni (gold coin) is being traded at Rs 40,800.
Market participants have shifted their focus to the Fed policy meeting and their hawkish stance; although updates regarding the geopolitical tension and fear of rising Covid cases in China will remain important to keep an eye on.
Mumbai: Amid optimism regarding vaccines for the novel Coronavirus, futures of gold, which were soaring well above the Rs 50,000 mark till sometime back amid the weak economic scenario, have now started to ease and have fallen below the Rs 49,000-mark. The December contract of gold on the Multi Commodity Exchange (MCX) is currently trading […]
New Delhi: Gold on Wednesday fell Rs 372 to Rs 38,975 per 10 grams in the national capital due to delay in festive demand, according to HDFC Securities. Tracking weakness in gold, silver prices also tumbled Rs 1,150 to Rs 48,590 per kilogram at the bullion market here. “The festival demand has not picked up […]
New Delhi: As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period. A recent report by natural resources investing company — Goehring & Rozencwajg — said that as central banks seem interested to continue their buying spree […]
New Delhi: Silver prices Tuesday spurted by Rs 380 per kg on strong industrial demand while gold was steady at Rs 31,850 per 10 gram at the local market here. Rising for the second day, silver jumped by Rs 380 to close at 37,740 per kg on strong demand from industrial units and coin makers. […]
New Delhi: Gold prices continued decline for the fourth straight day, falling by Rs 180 to Rs 32,070 per 10 grams at the bullion market Saturday on easing demand from local jewellers amid a weakening trend overseas. Silver too lost Rs 400 at Rs 38,000 per kg on reduced offtake by industrial units and coin […]
New Delhi: Gold was on Saturday weighed down by slackening demand as prices dropped Rs 50 to Rs 30,800 per 10 grams even as the metal strengthened overseas. Demand softness also led to silver tumbling by Rs 200 to Rs 40,500 per kg as industrial units and coin makers kept to the sidelines. The losses, according […]