The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,060
The metal has surged more than 200% in the past year, also driven by ongoing challenges in scaling up refining of the metal and a persistent supply shortage in the market
Spot gold will continue to draw support from safe-haven buying amid elevated geopolitical tensions as Greenland uncertainty continues
In January so far, MCX spot silver has rallied 28 per cent and gold has gained nearly 13.6 per cent, according to data compiled by Bloomberg
Despite the dip seen on Thursday, analysts suggest gold continues to be a reliable long-term portfolio anchor, rather than a short-term trade.
At 10:33 AM, Tata Silver fell 15 per cent, Nippon Silver ETF, Mirae Asset Sharekhan, Aditya Birla Sun Life Silver ETF, and Bandhan Silver ETF slipped around 12 per cent
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,43,560
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,37,310
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,34,060
Gold and silver scale record highs as Trump's tariff threats over Greenland spur a global flight to safe-haven assets
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,790
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,440
Gold prices slipped slightly as strong US economic data and easing tensions in Iran reduced safe-haven demand. Despite the dip, gold remained up for the week after hitting record highs
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,640
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,31,250
Spot silver was up 5.6 per cent to $91.797 per ounce, after scaling a record high of $92.23
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,30,660
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,30,310
Fed funds futures have added in about three basis points more in cuts this year, which is small but points to the risk that the Fed gets pushed into being more aggressive
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹1,28,740