Gold prices on Monday rose to Rs 45,520 per 10 grams in the national capital
Last week's sell-off in global bonds stabilized after central banks from Asia to Europe provided reassurance that policy support remains in place
In New Delhi, the 22-carat gold price dropped by Rs 10 to Rs 45,740 per 10 gm, while in Chennai it slipped by Rs 90 to Rs 43,630
Prices had dropped 1.9% on Thursday as benchmark U.S. Treasury yields hit their highest since the pandemic began, lifting the dollar
In New Delhi, the 22-carat gold price dropped by Rs 350 to Rs 45,550 per 10 gm, while in Chennai it slipped by Rs 450 to Rs 43,720
OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle
Exhaustion is being witnessed in Copper as on daily scale, there has been an emergence of 'Bearish Engulfing' candlestick pattern
In New Delhi, the 22-carat gold price dropped by Rs 100 to Rs 45,900 per 10 gm, while in Chennai it slipped by Rs 110 to Rs 44,170
Rising yields tend to hurt bullion's appeal as an inflation hedge since they increase the opportunity cost of holding the metal
Demand will be helped by lower import duty among other announcements made in the Union Budget for FY22, said a World Gold Council (WGC) report
In New Delhi, the price of 22-carat gold price rose by Rs 590 to Rs 46,000 per 10 gm, while in Chennai it has inched up to Rs 44,280, up Rs 500
Gold prices on Tuesday jumped to Rs 46,372 per 10 grams
In New Delhi, the price of 22-carat gold is ruling at Rs 45,410 per 10 gm, while in Chennai it has fallen to Rs 48,050
Copper climbed as much as 4 per cent on Monday and is heading for an unprecedented eleventh monthly rise in February
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to differing excise duty, state taxes, and making changes in different states
On Friday, local gold futures fell to 45,861 rupees per 10 grams, the lowest level since June 2020
Spot prices touched a seven-month low on Friday, deepening a slump and breaching through a support level that analysts say could portend further losses
In Mumbai, the gold price stayed at Rs 45,690--the same as yesterday, according to the Good Returns website
ndia and China are the world's two biggest gold consumers
Prices also gained support from a larger-than-anticipated draw in the US crude oil inventories