The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,740
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,38,910
Spot gold rose 2.7 per cent to $4,334.48 per ounce, as of 0857 GMT, hitting its highest level since June 9
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,640
When metal value beats resale price, older Omega and TAG Heuer models become worth more as scrap than as timepieces
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,36,210
A firmer dollar, rate hikes by central banks, ETF outflows, and elevated yields are likely to keep the yellow metal under pressure. China's demand is not too strong either
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,33,490
Investors withdrew nearly ₹3,000 crore from gold and silver ETFs in May as prices retreated from record highs, triggering profit booking and portfolio reallocation
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,440
Domestic gold futures fell 1.93 per cent on Wednesday to ₹1,46,557 per 10 grams, their lowest level since May 5
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,410
Analysts at Kedia Stocks and Commodities Research expect Silver prices to fall to $48.60 levels in the bear-case scenario. On the upside, they expect prices to zoom up to $170 in the next bull cycle.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,040
In the international market, spot gold fell 0.2 per cent to $4,319.09 per ounce on rising fears of a US rate hike after a strong jobs report, while renewed hostilities in West Asia
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,990
Gold prices will remain sensitive to developments in West Asia, movement in crude oil prices, and a series of key economic data releases in the coming week, analysts said. Investors will monitor trade and inflation data from China and the US, mid-month Washington's consumer sentiment figures and India's Consumer Price Index (CPI) readings. The European Central Bank's monetary policy decision will also be in focus as market participants assess their impact on bullion and other commodities, they added. "Momentum for precious metals such as gold and silver still looks corrective," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services Ltd, said. Domestic commodity markets ended the week lower, with MCX gold futures for August delivery falling Rs 5,317, or 3.3 per cent, to Rs 1.55 lakh per 10 grams. Silver for July delivery fell Rs 18,461, or 7 per cent, to Rs 2.48 lakh per kilogram on the Multi Commodity Exchange (MCX). "Gold witnessed a weak ...
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,740
Gold ETF flows remain uninspiring, as investors continue to be deterred by elevated volatility and the prospect of higher interest rates
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,090