The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,390
In the previous session, the Sensex settled 843.16 points or 1.04 per cent higher at 82,133.12. Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 72,290
Goldman Sachs expects gold prices to reach $3,150 per ounce (bull-case scenario; base case: $3,000/oz) by December 2025, an upside of around 17 per cent from the current levels
Gold price today: The World Gold Council, in a report released on December 12, stated that after a record-breaking year of 2024, the metal is expected to rise at a slower pace in 2025
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 79,460
At 7:25 AM, GIFT Nifty futures were trading 105 points lower at 24,543 levels, hinting at a gap-down start
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,860
As the markets prepare to open, the mood is upbeat. At 6:34 AM, the GIFT Nifty futures are trading 28 points higher at 24,762 levels, hinting at a positive start
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,060
In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent
Investors are eyeing the US Consumer Price Index (CPI) release on Wednesday and the Producer Price Index (PPI) on Thursday
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 71,310
Traders are pricing an 87per cent chance of a 25-basis-point interest rate cut at next week's Fed meeting, up from 61.6per cent last week, according to the CME Group's FedWatch Tool, which would mark
In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,140
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,140
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,410
Spot gold was down 0.1 per cent at $2,648.69 per ounce, as of 1030 GMT. US gold futures also eased 0.1 per cent to $2,672.40
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,770