Spot gold has been under tremendous selling pressure due to surging real yields and strong US Dollar.
Comex gold futures were trading $16.50 higher at $4,157.20 an ounce, while silver futures rose $0.08 to $60.37 after opening at $60.19
In the global market, gold futures on Comex were trading near $4,165 per ounce, while silver was trading near $60 per ounce
In the global market, gold futures on Comex were trading near $4,150 per ounce, while silver was trading near $61 per ounce
On the MCX, the benchmark December gold contract opened ₹807 higher at ₹1,51,197 per 10 gram
In the global market, gold futures on Comex were trading near $4,200 per ounce, while silver was trading near $61.40 per ounce
Gold and silver have corrected sharply since April, falling 11 per cent and 19 per cent, respectively, in USD terms.
Gold and silver futures opened higher on MCX and Comex as easing crude oil prices and shifting US rate expectations provided some support to bullion
Gold falls ₹1,400 to ₹1.486 lakh per 10g in Delhi as weak local demand and a stronger US dollar weigh on prices
In the global market, gold futures on Comex were trading near $4,160 per ounce, while silver slipped to around $61 per ounce
Since gold ETFs and silver ETFs are designed to track the price of the underlying metal, a decline in the bullion prices weighs on them.
In the global market, gold futures on Comex fell to around $4,230 per ounce, touching a seven-week low, while silver slipped below $62.50 per ounce
In the global market, gold futures on Comex were trading near $4,310 per ounce, while silver was trading near $64.35 per ounce
Silver futures opened higher on Wednesday, September 23, while gold traded with modest losses in the domestic market
In the global market, gold futures on Comex were trading at around $4,385 per ounce, while silver was trading near $66.60 per ounce
In the global market, gold futures on Comex were trading near $4,400 per ounce, while silver was trading near $66.70 per ounce
Gold may rise to test the resistance zone of $4520-$4535. However, oil prices rising further will pose a downside risk to this possibility.
Analysts believe the bullion rose as the US Fed rate hike is largely discounted by the market. Meanwhile, a fall in oil prices for the third straight day softened inflation concerns.
In early trade on Friday, September 18, gold and silver prices were trading firm
In the global market, gold was trading near $4,375 per ounce on Comex, while silver was trading near $65 per ounce