Mon, Oct 30, 2023
Gold prices hit $2,009.29 an ounce on Friday, surpassing the key psychological $2,000 level for the first time since mid-May, as investors piled into safe-haven bullion.
Mon, May 15, 2023
Gold rate today (May 15, 2023): On MCX, gold futures (June 5) were flat at Rs 60,872 per 10 grams.
Fri, May 12, 2023
Gold rate today (May 12, 2023): On MCX, gold futures (June 5) was down by 0.17 per cent or Rs 102 at Rs 60,790 per 10 grams. Here's what analysts suggest.
Thu, May 11, 2023
Gold price today (May 11, 2023): On MCX, gold futures (June 5) was flat at Rs 61,245 per 10 grams. Here's what analysts suggest.
Mon, Apr 17, 2023
Gold rate today: On MCX, gold futures (June 5) was flat by Rs 33 or 0.05 per cent to Rs 60,362 per 10 grams, here's what analysts suggest.
Thu, Apr 13, 2023
Gold rate today: Domestic gold prices hover near Rs 61,000 supported by a weak dollar. Here's what analyst suggest
Sat, Mar 18, 2023
Gold in the last one week has jumped by about Rs 3000 in the domestic market amid a weak equity market and also mainly due to concerns rising in US after Silicon Valley Bank collapse.
Fri, Feb 24, 2023
Gold price today, February 24: The price of yellow metal rose on Friday amid US dollar weakening and investors' worries that the US economic data could support the Fed’s stance on higher interest rate regime.
Wed, Jul 20, 2022
Gold in the national capital on Wednesday rose by Rs 20 to Rs 50,202 per 10 grams, according to HDFC Securities
Tue, Jul 12, 2022
Spot gold fell 0.3% to $1,728.58 per ounce by 0457 GMT, after hitting its lowest since Sept. 30 of $1,722.36 earlier in the session.
Fri, Jun 03, 2022
Gold prices scaled a one-month peak on Friday, riding on a weaker U.S. dollar that has also put bullion on track for a third straight weekly gain
Fri, Feb 04, 2022
Gold prices were supported by a weak dollar on Friday as markets awaited a vital U.S. jobs data that could impact the Federal Reserve`s latest hawkish stance on monetary policy
Mon, Oct 11, 2021
India Gold MCX December futures trade lower on Monday following muted trend seen in the international spot prices after weak US jobs growth numbers.
Mon, Sep 27, 2021
Spot gold was little changed at $1,750.51 per ounce by 0912 GMT. US gold futures were down 0.1% to$1,750.20.
Wed, Sep 02, 2020
"Spot gold prices for 24 carat in Delhi were higher by Rs 418 with rally in international prices. However, the upside in gold prices in India was capped with gains in rupee," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
Tue, Sep 01, 2020
"Domestic prices were higher in Monday afternoon trade tracking weakness in the domestic unit and safe-haven appeal for the metals," Sriram Iyer, Senior Research Analyst, Reliance Securities, said. Meanwhile, in the domestic equity market, the 30-share BSE benchmark Sensex closed 839.02 pts lower at 38,628.29.
"At present there is less risk aversion in the global marketplace, which is somewhat constraining the safe-haven metal`s bulls," Kitco Metals senior analyst Jim Wyckoff said in a note. World stocks hovered near record highs as investors bet on continued central bank monetary support to revive the coronavirus-hit economy.
Mon, Aug 31, 2020
The issue price for the sixth tranche of the Sovereign Gold Bond Scheme has been fixed at Rs 5,117 per gram, the RBI said in a statement on Friday.
The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020.
Thu, Aug 13, 2020
In the international market, gold was trading with gains at USD 1,931 per ounce, while silver was flat at USD 25.88 per ounce. "Gold prices traded firm with spot international gold prices rising to USD 1,931," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
Wed, Aug 12, 2020
A jump in U.S. Treasury yields helped the dollar extend its winning streak, making gold more expensive for those holding other currencies. Higher yields also increase the opportunity cost of holding non-yielding gold.
Fri, Aug 07, 2020
"Spot gold prices for 24 carat in Delhi continued to scale new highs by gaining Rs 6. Gold prices are trading higher for the 16th consecutive day in India," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
According to market experts, industrial and investment demand have picked up of late for silver as economies are opening up gradually post the pandemic-related lockdowns. Further global supply constraints have been a major factor for the recent surge.
"There are mixed signals that the economy is recovering and some of the signs of recovery are relatively superficial as they show aggregate figures and not how medium and small enterprises continue to suffer," said Jeffrey Christian, managing partner of CPM Group.
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