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
The price of 22-carat gold also went up by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
Spot gold traded in the range of $2,621-$2,661 on January 2
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,810
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,090
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 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
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
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 71,340
Early signs hinted at a flat start, with GIFT Nifty Futures trading about 9 points higher at 24,001 level at 6:35 AM
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
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
On December 26, spot gold rose on flattish US Dollar and mixed US weekly job data
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
After gold and silver's stellar performance in 2024, what are experts predicting about the metals' trajectory in the new year? Watch the video to find out.
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
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 70,990
Congress leader Rahul Gandhi spoke to people at a neighbourhood market in Delhi on how the price of items, like garlic, peas, etc are straining household budgets