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
Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator
In New Delhi, the 22-carat gold price fell by Rs 500 to Rs 45,900 per 10 gm, while in Chennai it inched down to Rs 43,940
In New Delhi, the price of 22-carat gold remained unchanged at Rs 46,400 per 10 gm, while in Chennai it increased to Rs 44,640
Other major food companies, including Lipton tea and Hellmann's mayonnaise maker Unilever, have also signaled higher prices due to global commodity inflation
In New Delhi, the price of 22-carat gold stayed at Rs 46,400 per 10 gm, while in Chennai it was at Rs 44,570-- down from yesterday's rate of Rs 44,690
Tougher pollution regulations requiring vehicle makers to use more platinum in catalytic converters are supporting prices, said Margaret Yang, a strategist at DailyFX
In New Delhi, the gold price of 22-carat gold stayed at Rs 46,400 per 10 gm--the same as Friday