Page 50 - Gold Prices

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

Gold prices rebound to Rs 80k-level despite Trump's aggressive trade policy

Gold prices have breached Rs 80,000 per 10 grams levels in major Indian cities, recovering from the impact of Donald Trump's expected high tariff trade policy and a firm US dollar, analysts said. A flare-up in geopolitical tensions due to the Russia-Ukraine war is bolstering the precious metal, which crossed the USD 2,700 an ounce level in global markets, they added. The uncertainty surrounding the US economy and volatile stock markets are also driving inflows into the safe-haven, however, the US Federal Reserve's (Fed) cautious attitude towards policy interest rate and strong US dollar are acting as headwinds for the bullion, analysts stated. On the Multi Commodity Exchange (MCX), gold prices tanked Rs 6,775, or 8.5 per cent, to hit Rs 73,000 per 10 grams after Donald Trump's victory raised expectations of a restricted trade policy by the US. "Gold prices had fallen 8 per cent after the US election results. "The strengthening US dollar index which rose from USD 101 to 107.5 press

Gold price climbs Rs 10 to Rs 78,830, silver falls Rs 100 to Rs 91,900

The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 72,260

Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn

Spot gold, at the time of writing this report, was trading nearly 0.77 per cent higher at $2,670, as it extended its rally to the fourth straight day

Gold rises Rs 10, silver falls Rs 100; yellow metal trading at Rs 77,960

The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,460

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

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 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 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 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