Page 33 - Gold Prices
Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee
In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90
 "Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee")
Gold climbs Rs 10, silver jumps Rs 100; yellow metal trading at Rs 77,630
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,160
 "Gold climbs Rs 10, silver jumps Rs 100; yellow metal trading at Rs 77,630")
Gold prices ease from one-week high as US dollar rebounds after 1-week low
Spot gold was down 0.2 per cent at $2,627.60 per ounce as of 1238 GMT, after hitting its highest level since Nov. 11 earlier in the session. US gold futures were steady at $2,631.30
 "Gold prices ease from one-week high as US dollar rebounds after 1-week low")
Gold up Rs 10, silver jumps Rs 100; precious metal trading at 91,600
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 70,660
 "Gold up Rs 10, silver jumps Rs 100; precious metal trading at 91,600")
Gold jumps Rs 600 to Rs 78,050 per 10 gm, silver rises by Rs 1,500
Gold prices jumped Rs 600 to Rs 78,050 per 10 grams in the national capital on Tuesday amid a strong global trend in the overseas market, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity closed at Rs 77,450 per 10 grams. Gold prices also rose due to increased buying by local jewellers and retailers for the wedding festivities, traders said. Silver bounced Rs 1,500 to Rs 93,500 per kg against the previous close of Rs 92,000 per kg on Monday. Gold price of 99.5 per cent purity rose Rs 600 to Rs 77,650 per 10 grams. It had ended at Rs 77,050 per 10 grams in the previous session. Meanwhile, in futures trade on the MCX, gold contracts for December delivery jumped Rs 615 or 0.82 per cent to trade at Rs 75,662 per 10 grams. "MCX gold prices experienced a rebound in the last session after several days of underperformance, largely due to a pullback in the dollar index," Deveya Gaglani, Senior Research Analyst at Axis Securities, said. S
Gold rises Rs 10, silver falls Rs 100; yellow metal trading at Rs 76,320
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 69,960
 "Gold rises Rs 10, silver falls Rs 100; yellow metal trading at Rs 76,320")
Gold down by Rs 10, silver falls Rs 100, yellow metal trading at Rs 75,640
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 69,340
Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 75,770
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 69,460
 "Gold climbs Rs 10, silver falls Rs 100; yellow metal trading at Rs 75,770")
Gold nears two-month low, headed for worst week in over three years
Spot gold was little changed at $2,568.37 per ounce as of 1215 GMT. Prices have fallen more than 4% so far this week
Gold premiums reach 4-month peak as price drop attracts customers
Despite gold trading significantly below its record high, a shift toward precious metals in China has not been noticed yet, said Hugo Pascal, a precious metals trader at InProved
 "Gold premiums reach 4-month peak as price drop attracts customers")
Gold dips Rs 10 to Rs 75,640; silver down Rs 100, trading at Rs 89,400
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 75,640
Gold dips Rs 10 to Rs 76,840; silver down Rs 100, trading at Rs 90,900
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 76,840
Gold slide continues; price declines Rs 700 to Rs 77,050 per 10 grams
Gold prices saw yet another steep fall on Thursday, with the precious metal declining Rs 700 to Rs 77,050 per 10 grams in the national capital amid subdued demand trend in the global markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 77,750 per 10 grams in the previous session, a day after falling marginally by Rs 50 on Wednesday. Silver also plummeted Rs 2,310 to Rs 90,190 per kg against the previous close of Rs 92,500 per kg. Extending the losses for the fourth straight session, the price of gold of 99.5 per cent purity fell Rs 700 to Rs 76,650 per 10 grams. It had ended at Rs 77,350 per 10 grams on Wednesday. In futures trade on the MCX, gold contracts for December delivery plunged Rs 804 or 1.08 per cent to trade at Rs 73,678 per 10 grams. During the day, the precious metal declined Rs 1,182 or 1.59 per cent to Rs 73,300 per 10 grams. "Gold's weakness persisted with price falling near Rs 73,500 in MCX as the dollar .
Gold ETFs witness record Rs 1,961 cr inflow in Oct, 59% surge on MoM basis
Gold exchange-traded funds (ETFs) witnessed a record inflow of Rs 1,961 crore in October, marking a surge of 59 per cent on a month-on-month (MoM) basis, driven by expectation of increase in the yellow metal prices during the festive and marriage season. This was over two-fold higher than Rs 841 crore inflow seen in October 2023, data with the Association of Mutual Funds in India (Amfi) showed. The inflow helped in raising the assets under management (AUM) of gold funds by 12 per cent to Rs 44,545 crore by the end of October from Rs 39,823 crore in the preceding month. "With the US Fed cutting interest rates by 75 bps (basis points) this year and dollar appreciating, how this is going to impact gold prices globally and investments therein need to be observed," Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said. As per the data, the Gold ETF category witnessed a net inflow of Rs 1,961 crore in October, which was sharply higher t
 "Gold ETFs witness record Rs 1,961 cr inflow in Oct, 59% surge on MoM basis")
Equity returns outclass gold, FD, property in the long term: Morgan Stanley
Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.
 "Equity returns outclass gold, FD, property in the long term: Morgan Stanley")
Gold dips Rs 10, silver down by Rs 100; precious metal trading at Rs 90,900
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 70,840
Gold down by Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,750
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 72,190
 "Gold down by Rs 10, silver falls Rs 100; yellow metal trading at Rs 78,750")
Gold declines Rs 450 to Rs 79,550 per 10 grams; silver plunges Rs 600
"Last week, Comex gold prices fell to a one-month low of USD 2,650.30 per ounce, as investor sentiment shifted toward risk assets following Trump's election victory and the Republican Party
Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 79,350
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 72,740
Gold price climbs Rs 10 to Rs 79,480, silver jumps Rs 100 to Rs 94,100
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 72,860
 "Gold price climbs Rs 10 to Rs 79,480, silver jumps Rs 100 to Rs 94,100")
