Page 4 - Bullion

Gold price rises Rs 10 to Rs 72,160, silver slips Rs 100 to Rs 89,900

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,310, Rs 66,160, and Rs 66,670, respectively

Gold price climbs Rs 10 to Rs 73,760, silver rises Rs 100 to Rs 96,100

The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,610

Gold price declines Rs 10 to Rs 73,250, silver down Rs 100 at Rs 86,400

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,290, Rs 67,140, and Rs 67,240, respectively

Why are gold prices rising? Chris Wood of Jefferies explains

China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024

Gold price rises to Rs 72,230, silver price slips Rs 100 to Rs 84,900

The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 84,900

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 64,080

The price of 22-carat gold also declined Rs 10 with the yellow metal selling at Rs 58,740

New Samvat 2080: A year of hope for industrial and precious metals

So far, the rally in gold prices, driven by conflict in West Asia, is not sustaining because the US appears to have deterred Iran from escalating the conflict through its proxies

Gold price rises Rs 330 to Rs 61,090, silver jumps Rs 800 to Rs 74,000

The price of 22-carat gold rose Rs 300, with the yellow metal selling at Rs 56,000

Gold prices rise to reach Rs 59,670, silver appreciates to Rs 77,100

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 59,820, Rs 59,670, and Rs 60,220, respectively

Silver remains unchanged, gold falls by Rs 50, trading at Rs 59,400/10g

The price of 22-carat gold fell by Rs 50, with the yellow metal selling at Rs 54,450

Gold prices rise in early trade; yellow metal selling at Rs 50,730

Ten grams of 22-carat gold is trading at Rs 46,500 after an increase of Rs 500

Despite price fall, domestic gold trading at a discount to imports

In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7

Will further rate hikes dull gold's allure?

With the US Federal Reserve lifting its policy rate by 75 basis points for the third consecutive time, analysts believe that gold will continue to face pressure in the near-term. Here is a report

Former employees of JPMorgan accused of bullion-market manipulation

The jury will begin deliberations on the case late on Friday

How will the IIBX at GIFT City benefit India?

On July 29, PM Modi launched India's first bullion exchange at Gujarat's GIFT City. Experts believe it will usher in transparency in the gold's price-setting mechanism. Here is more about the exchange

IIBX at GIFT City: A potential gold standard for the bullion trade

IIBX has the potential to ease the hassle involved in importing precious metals

PM Narendra Modi to launch international bullion exchange on July 29

India International Bullion Exchange which will facilitate efficient price discovery with assurance of responsible sourcing and quality, apart from giving impetus to financialisation of gold in India

Gold prices hit 1-month high as Ukraine crisis dulls risk appetite

Spot gold was up 0.8% at $1,989.65 per ounce, as of 0723 GMT, hitting its highest since March 11. U.S. gold futures were up 0.9% at $1,993.40

NSE, IBJA to launch bullion spot exchange soon, framework will cater to B2B

The proposed business framework shall cater to B2B segments of the industry and shall also play a pivotal role in integrating the value chain participants in the entire bullion ecosystem, says NSE

NSE bullion derivatives settlement on blockchain may be a game changer

Platform will be extended to spot gold exchange