Page 17 - Gold And Silver Prices
Gold falls Rs 10, silver down Rs 100; precious metal trading at Rs 92,400
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 73,290
 "Gold falls Rs 10, silver down Rs 100; precious metal trading at Rs 92,400")
Gold snaps 5-day winning run, slips marginally to Rs 80,580 per 10 gm
Gold prices slipped Rs 80 to Rs 80,580 per 10 grams, bringing an end to its five-day winning streak in the national capital on Tuesday amid a weak global trend, according to the All India Sarafa Association. On Monday, the precious metal had closed at Rs 80,660 per 10 grams. Silver also fell sharply by Rs 1,300 to Rs 91,700 per kg on Tuesday on slack demand from industrial units and coin makers. The white metal settled at Rs 93,000 per kg in the previous session. The price of gold of 99.5 per cent purity fell Rs 80 to Rs 80,180 per 10 grams from the previous close of Rs 80,260 per 10 grams. Additionally, gold contracts for February delivery fell Rs 16 to Rs 78,150 per 10 grams in the futures trade on the Multi Commodity Exchange (MCX). "Gold traded within a tight range as MCX Gold fluctuated between Rs 78,150-78,400. In contrast, Comex Gold displayed slight weakness, hovering around USD 2,665," Jateen Trivedi, VP Research Analyst -- Commodity and Currency at LKP Securities, ...
 "Gold snaps 5-day winning run, slips marginally to Rs 80,580 per 10 gm")
Gold rises Rs 10 to Rs 80,080; silver jumps Rs 100 to Rs 94,600 per kg
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 73,410
 "Gold rises Rs 10 to Rs 80,080; silver jumps Rs 100 to Rs 94,600 per kg")
Gold prices rise for fifth consecutive session; silver remains unchanged
Gold prices rallied for a fifth straight session, rising Rs 110 to Rs 80,660 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. The precious metal had settled at Rs 80,550 per 10 grams in the previous session on Friday. In the past five trading sessions, gold prices appreciated Rs 1,660, or 2.1 per cent, to Rs 80,660 per 10 grams. The price of gold of 99.5 per cent purity rose Rs 110 to Rs 80,260 per 10 grams against the previous close of Rs 80,150 per 10 grams on Friday. "Gold prices advanced as the rupee weakened by touching 86.61, driven by elevated crude oil prices. The rise in crude prices came on the back of fresh sanctions imposed on Russia by US President Joe Biden, escalating geopolitical tensions," Jateen Trivedi, VP Research Analyst of Commodity and Currency at LKP Securities, said. The rupee logged its steepest single-day fall in nearly two years and ended the session 58 paise down at its historic low of 86.62 (provisional) .
 "Gold prices rise for fifth consecutive session; silver remains unchanged")
Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,630
The price of 22-carat gold also dropped by Rs 10, with ten grams of the yellow metal selling at Rs 72,990
Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 79,210
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
 "Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 79,210")
Gold slumps Rs 10 to Rs 78,700, silver declines Rs 100 to Rs 91,400
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
Gold prices fall Rs 10 to Rs 78,700, silver down Rs 100 at Rs 91,400 per kg
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,700
 "Gold prices fall Rs 10 to Rs 78,700, silver down Rs 100 at Rs 91,400 per kg")
Gold prices up Rs 10 at Rs 79,210, silver rises Rs 100 to Rs 92,600 per kg
The price of 22-carat gold also went up by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,340
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,810
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,010
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
 "Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,010")
Gold falls Rs 10 to Rs 77,550, silver down Rs 100 at Rs 90,400 per kg
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,090
 "Gold falls Rs 10 to Rs 77,550, silver down Rs 100 at Rs 90,400 per kg")
Gold prices slip below Rs 79,000 per 10 gm on poor offtake by retailers
Gold prices slipped below Rs 79,000 per 10 grams in the national capital on Tuesday due to poor offtake by stockists and retailers, according to the local marketmen. Gold declined during the last trading session of the year as participants were cautious, traders said. The precious metal of 99.9 per cent purity declined Rs 550 to Rs 78,950 per 10 grams. It had closed at Rs 79,350 per 10 grams on Monday. In the past one year, gold prices have surged Rs 15,030 or 23.5 per cent to Rs 78,950 per 10 grams. "In 2024, domestic gold prices surged more than 20 per cent while spot gold rose around 26 per cent," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said. Gandhi highlighted the rally in gold prices is driven by multiple factors like global geopolitical and economic uncertainty, interest-rate cuts by Western central bankers, and strong demand from central banks and high-net-worth individuals. Silver prices crashed by plummeting Rs 2,000 to Rs 89,700 per kg on Tuesda
Gold on track for best year in a decade, trading activity to remain quiet
The market now awaits a fresh set of catalysts, including a slew of US economic data due next week that could influence the interest rate outlook for 2025
 "Gold on track for best year in a decade, trading activity to remain quiet")
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,010
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
Gold falls Rs 10 to Rs 77,830, silver down Rs 100 at Rs 92,500 per kg
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 71,340
Gold prices up Rs 10 at Rs 78,010, silver rises Rs 100 to Rs 92,600 per kg
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,010
 "Gold prices up Rs 10 at Rs 78,010, silver rises Rs 100 to Rs 92,600 per kg")
Gold set for weekly gains amid geopolitical uncertainty in West Asia
Spot gold fell 0.3 per cent to $2,625.78 per ounce, as of 1100 GMT. Bullion has gained 0.2 per cent so far this week. US gold futures were down 0.5 per cent to $2,641.30
Gold prices up Rs 10 at Rs 77,740, silver rises Rs 100 to Rs 91,700 per kg
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,740
 "Gold prices up Rs 10 at Rs 77,740, silver rises Rs 100 to Rs 91,700 per kg")
Gold prices up Rs 10 at Rs 77,460, silver rises Rs 100 to Rs 91,600 per kg
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,460