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Gold Prices

Gold rises Rs 250 to Rs 80,550 per 10 gm; silver steady at Rs 93,000 per kg

Gold prices rose Rs 250 to Rs 80,550 per 10 grams in the national capital on Friday as rupee hit record low amid consistent buying from retailers and stockists, according to the All India Sarafa Association. The precious metal ended the previous session at Rs 80,300 per 10 grams. However, silver traded flat at Rs 93,000 per kg on Friday. The price of gold of 99.5 per cent purity continuing to shine bright for the fourth straight session by appreciating Rs 250 to Rs 80,150 per 10 grams. It had finished at Rs 79,900 per 10 grams on Thursday. Traders said the rise in gold prices at local market is also propelled by robust overseas demand. Meanwhile, the rupee declined 14 paise and touched the crucial 86-mark for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. On a weekly basis, gold prices surged Rs 1,550, or 2 per cent, to Rs 80,550 per 10 grams, while silver shot up 2.5 per cent to

Gold rises Rs 250 to Rs 80,550 per 10 gm; silver steady at Rs 93,000 per kg
Updated On : 10 Jan 2025 | 6:24 PM IST

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
Updated On : 10 Jan 2025 | 7:21 AM IST

Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 78,830

The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 72,140

Gold surges by Rs 10, silver down Rs 100; yellow metal trading at Rs 78,830
Updated On : 09 Jan 2025 | 7:46 AM IST

Markets Today: TCS, IREDA Q3; Fed Dec minutes; Standard Glass IPO allotment

In the previous session, the Sensex ended at 78,141.06, registering a decline of 58 points or 0.07 per cent, while the Nifty50 closed at 23,688.95, down 19 points or 0.08 per cent

Markets Today: TCS, IREDA Q3; Fed Dec minutes; Standard Glass IPO allotment
Updated On : 09 Jan 2025 | 7:10 AM IST

Softening base metal prices cushion rupee fall for consumer durables makers

In the last three months, the rupee has depreciated 2.2 per cent against the dollar, which typically hurts consumer durable companies.

Softening base metal prices cushion rupee fall for consumer durables makers
Updated On : 09 Jan 2025 | 12:43 AM IST

Centre slashes Nov gold imports by $5 bn in record commodity revision

The spike in gold imports widened the country's merchandise trade deficit to a record $37.84 billion in November, significantly exceeding economists' forecast of $23.9 billion

Centre slashes Nov gold imports by $5 bn in record commodity revision
Updated On : 08 Jan 2025 | 2:14 PM IST

Buy dips in Gold as low China bond yields, economic uncertainty bode well

Gold rate today: A weaker-than-expected US job data may help the metal test the crucial resistance in $2,690-$2,700, says analyst at Mirae Asset Sharekhan

Buy dips in Gold as low China bond yields, economic uncertainty bode well
Updated On : 08 Jan 2025 | 9:43 AM IST

Markets Today: FY25 GDP; Wall St. slips; Q3 results; Leo Dry Fruits listing

At 6:31 AM, GIFT Nifty futures indicated a subdued start, trading 72 points lower at 23,723, suggesting a negative opening for Indian bourses

Markets Today: FY25 GDP; Wall St. slips; Q3 results; Leo Dry Fruits listing
Updated On : 08 Jan 2025 | 7:44 AM IST

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 slumps Rs 10 to Rs 78,700, silver declines Rs 100 to Rs 91,400
Updated On : 07 Jan 2025 | 7:21 AM IST

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
Updated On : 06 Jan 2025 | 7:55 AM IST

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 prices up Rs 10 at Rs 79,210, silver rises Rs 100 to Rs 92,600 per kg
Updated On : 04 Jan 2025 | 7:18 AM IST

Gold price today: How to trade gold as US dollar surges to 52-wk highs?

Spot gold traded in the range of $2,621-$2,661 on January 2

Gold price today: How to trade gold as US dollar surges to 52-wk highs?
Updated On : 03 Jan 2025 | 10:36 AM IST

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 78,340
Updated On : 03 Jan 2025 | 7:49 AM IST

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
Updated On : 02 Jan 2025 | 7:46 AM IST

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
Updated On : 01 Jan 2025 | 7:53 AM IST

Gold set for best year since 2010 amid rate cuts, safe haven demand

Spot gold rose 0.1 per cent to $2,607.72 per ounce as of 1315 GMT, while US gold futures gained 0.1 per cent to $2,620.40

Gold set for best year since 2010 amid rate cuts, safe haven demand
Updated On : 31 Dec 2024 | 11:43 PM IST

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 prices slip below Rs 79,000 per 10 gm on poor offtake by retailers
Updated On : 31 Dec 2024 | 6:43 PM IST

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
Updated On : 31 Dec 2024 | 8:46 AM IST

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
Updated On : 31 Dec 2024 | 7:09 AM IST

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 falls Rs 10 to Rs 77,830, silver down Rs 100 at Rs 92,500 per kg
Updated On : 30 Dec 2024 | 7:21 AM IST