Page 37 - Gold Prices

Gold prices slip below Rs 79,000 per 10 gm on reduced demand, global cues

Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Price of gold of 99.5 per cent purity extended the losses for the third straight day, declining by Rs 150 to Rs 78,450 per 10 grams from the previous close of Rs 78,600 per 10 grams. However, silver rose Rs 100 to Rs 92,500 per kg. On Tuesday, the white metal had settled at Rs 92,400 per kg. In futures trade on the Multi Commodity Exchange (MCX), gold contracts for February delivery fell Rs 93 or 0.12 per cent to trade at Rs 76,810 per 10 grams. Silver contracts for March delivery declined Rs 322 or 0.35 per cent to Rs 91,875 per kg on the bourse. Comex gold futures in the Asian market hours edged lower by USD 4.90 per ounce or 0.18 p

Gold rises Rs 10, silver down by Rs 100; yellow metal trading at Rs 77,790

The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 71,310

Gold prices inch higher on Fed rate optimism with US data due in December

UBS said it expects the Fed to cut by 25 basis points in December, followed by another 100 bps of easing through 2025

Gold falls Rs 10 to Rs 77,340; silver down Rs 100, trading at Rs 90,900

Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,340

Markets Today: S&P & Nasdaq at record; Nikkei; Rajputana Biodiesel listing

With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets

Gold prices drop 1% after four sessions of gains as US dollar strengthens

The dollar index gained 0.5 per cent, on track for its best day in over a week, making greenback-priced bullion more expensive for holders of other currencies

Gold falls Rs 10, silver down Rs 100; precious metal trading at Rs 91,400

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 71,490

Gold price climbs Rs 10 to Rs 78,120, silver jumps Rs 100 to Rs 91,600

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,610

Gold prices up by Rs 700 to Rs 79, 400 per 10 gm; silver mounts Rs 1,300

Gold prices rose by Rs 700 to Rs 79,400 per 10 grams in the national capital on Friday due to fresh buying by local jewellers and a firm overseas trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 78,700 per 10 grams on Thursday. Silver also climbed Rs 1,300 to Rs 92,200 per kg. On Thursday, the white metal prices crashed by Rs 4,900 to Rs 90,900 per kg. Price of gold of 99.5 per cent purity advanced Rs 700 to hit Rs 79,000-mark against the previous close of Rs 78,300 per 10 grams on Thursday. Traders said sentiment turned bullish due to positive trend overseas and rise in domestic demand, which mainly pushed gold prices higher. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 602 or 0.79 per cent to trade at Rs 76,326 per 10 grams. "Gold traded positively in MCX, supported by safe-haven demand amid ongoing geopolitical concerns," Jateen Trivedi, VP Researc

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'

Spot gold is expected to be choppy on crosscurrents of haven demand on geopolitical worries and healthy risk appetite

Gold price dips Rs 10 to Rs 77,340, silver falls Rs 100 to Rs 89,400

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 70,920

Silver prices tumble to 3-week low at Rs 90,900; gold slips to Rs 78,700

Silver prices tumbled to a three-week low by losing Rs 4,900 to Rs 90,900 per kg, while gold slipped Rs 100 to Rs 78,700 per 10 grams in the national capital on Thursday on frantic selling by stockists and retailers, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity declined Rs 400 to Rs 78,300 per 10 grams on Thursday. Price of gold of 99.9 per cent and 99.5 per cent purity closed higher at Rs 78,800 and Rs 78,700 per 10 grams, respectively, on Wednesday. Silver also dropped Rs 4,900 to trade at Rs 90,900 per kg, marking a steepest fall on poor offtake by jewellers and coin makers. Earlier, the white metal had slumped Rs 4,600 on November 4. On Wednesday, silver saw its steepest single-day jump of Rs 5,200 and regained the Rs 95,000 per kg level after a gap of two-weeks in the national capital. Traders said the sentiment was downbeat largely in sync with a firm trend overseas amid uncertainty over the implications of US President-elect Donald

Gold climbs Rs 10 to Rs 77,520, silver declines Rs 100 to Rs 89,400

The price of 22-carat gold climbed Rs 10, with ten grams of the yellow metal selling at Rs 71,060

Markets Today: Nifty expiry, Rajesh Power IPO allotment, Oil down, Gold up

The Sensex closed at 80,234.08, gaining 230.02 points or 0.29 per cent, while the Nifty50 ended at 24,274.90, up 80.40 points or 0.33 per cent, on November 27

Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

Thus far in calendar year 2024 (CY24), Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical concerns rose

Gold prices rebound as dollar weakens ahead of key US inflation data

Gold registered its deepest one-day decline in more than five months on Monday, and hit its lowest since Nov. 18 in the previous session, as safe-haven demand for the metal softened

Gold falls Rs 10, silver declines Rs 100; yellow metal trading at 77,230

The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 70,790

Markets Today: NTPC Green IPO listing, FOMC Minutes, US Q3 GDP est, FIIs

At 6:40 AM, GIFT Nifty futures were trading 11 points higher at 24,228, suggesting a flat to positive start for the Indian bourses

Gold falls Rs 10, silver declines Rs 100; yellow metal trading at Rs 78,540

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 71,990

Gold slips Rs 10, silver down by Rs 100; yellow metal trading at Rs 79,630

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 72,990