The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,290
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,46,340
Gold steadied after dropping for a second straight week, under pressure from rising energy prices and inflationary concerns arising from the US-Israeli war with Iran
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,290
As oil prices surged, US President Donald Trump again demanded Fed Chair Jerome Powell cut interest rates
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,690
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,49,710
Gold prices declined Rs 853 to Rs 1.62 lakh per 10 grams in futures trade on Wednesday tracking a bearish sentiment in the international markets amid mixed signals surrounding the ongoing conflict in West Asia. According to the Multi Commodity Exchange, the yellow metal for April delivery depreciated by Rs 853, or 0.52 per cent, to Rs 1,62,450 per 10 grams in a business turnover of 7,529 lots. Analysts said the recent gains in the precious metal prices faded as developments surrounding the conflict involving the US, Israel and Iran remained uncertain, keeping the investors cautious. In the international markets, gold futures on the Comex for April delivery slipped USD 30.15, or 0.58 per cent, to USD 5,211.95 per ounce. "Part of the gains faded amid conflicting developments surrounding the ongoing US-Israel conflict with Iran. The evolving geopolitical situation continues to cloud the outlook for Washington's monetary policy, particularly expectations for potential interest rate cut
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,48,860
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,190
Experts say that investors should stay calm and stick to their strategy rather than trying to time the market. In fact, this may be a good time to review investments and focus on diversification
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,49,990
Bullion fell as much as 2.5 per cent to below $5,050 an ounce in early trading, after its first weekly decline in more than a month
The war has significantly disrupted energy markets and heightened concerns about supply flows through the Strait of Hormuz, one of the world's most critical oil shipping routes
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said. "Focus will again be on the developments in the Middle-East and further escalation would be positive for gold prices, but a sign of de-escalation may trigger sharp selling," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. Mer added that silver is also undergoing a consolidation phase but remains highly volatile. "Silver too is passing through a consolidation phase but trading with high volatility as gains are capped by consolidative moves in gold and industrial metals like Copper and Zinc," he said. During the past week, bullion futures witnessed sharp movements in the domestic market. On the Multi Commodity Exchange, silver plunged Rs 14,359, or 5.08 per cent, while gold slipped Rs 470, or 0.3 per cent. "Gold .
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,690
India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data
Gold price outlook: Gold is caught between safe haven demand support and selling coming on a firmer US Dollar
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,49,290
February flows trail January's record amid profit booking