On January 28, spot gold traded between $2730 and $2760 as, once again, it took support at the crucial level of $2730 to extend its recovery following the selloff on January 27
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 75,090
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 75,390
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 75,540
In the previous session, the Sensex declined 329.92 points, or 0.43 per cent to 76,190.46. Similarly, the Nifty50 ended the day 113.15 points, or 0.49 per cent, lower at 23,092.20
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 75,560
According to the All India Sarafa Association, the precious metal of 99.9 per cent purity rose Rs 200 to hit a fresh lifetime high of Rs 83,100 per 10 grams
Gold is looking somewhat overstretched at the current level as the US economy continues to do well amid sticky inflation and strong job market
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 82,080
Gold prices rose Rs 170 to hit a fresh record high of Rs 82,900 per 10 grams in the national capital on Thursday amid a positive global trend, according to the All India Sarafa Association. The precious metal had closed at Rs 82,730 per 10 grams on Wednesday. In about one year, the precious metal surged Rs 20,180 or 32.17 per cent to Rs 82,900 per 10 grams from Rs 62,720 per 10 grams on February 23, 2024. Extending the gains for the seventh straight session, gold of 99.5 per cent purity appreciated by Rs 170 to hit an all-time high level of Rs 82,500 per 10 grams. The metal had finished at Rs 82,330 per 10 grams in the previous trading session. Gold of 99.9 and 99.5 per cent purity grew Rs 2,320 each in the last seven trading sessions. However, silver prices declined Rs 500 to Rs 93,500 per kg from the previous close of Rs 94,000 per kg on Wednesday. Bullion traders attributed the rise in precious metal prices to heightened demand by jewellers and retailers, along with a strong t
Spot gold added 0.4% to $2,755.19 per ounce as of 1200 GMT. The price hit its highest level in 12 weeks earlier in the session and is close to its record peak of $2,790.15 reached in October
U.S. gold futures gained 0.3% to $2,766.80
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 74,490
Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov. 6 and nearing the all-time high of $2,790.15 set in October
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 74,510
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 74,340
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 81,280
Gold rate in share market: Recovery in gold prices is being driven primarily by a sharp decline in the US yields and a retreat in the US Dollar Index
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 73,910
Gold prices rallied Rs 500 to hit over a two-month high of Rs 81,300 per 10 grams in the national capital on Thursday amid fresh buying from jewellers and retailers and rupee depreciation, according to the All India Sarafa Association. The precious metal had closed at Rs 80,800 per 10 grams on Wednesday. The price of gold of 99.5 per cent purity climbed Rs 500 to Rs 80,900 per 10 grams. It settled at Rs 80,400 per 10 grams in the previous trading session. Silver also surged Rs 2,300 to Rs 94,000 per kg from the previous close of Rs 91,700 per kg on Wednesday. Meanwhile, gold contracts for February delivery rose Rs 297, or 0.38 per cent, to Rs 79,007 per 10 grams in the futures trade on the MCX on Thursday. "Gold surged higher trading above Rs 79,000 in MCX, supported by a rupee depreciation," Jateen Trivedi, VP Research Analyst of Commodity and Currency at LKP Securities, said. On Thursday, the rupee depreciated 16 paise to close at 86.56 (provisional) against the US dollar, drag