Gold and Silver prices go down gradually. Chennai to be the most expensive to city to buy gold and silver.
(Reuters) - Gold steadied near a three-week peak on Monday, buoyed by a softer dollar, while investors strapped in for more economic readings that could determine the future pace of interest rate hikes.
Ten gram of 24-carat of gold is trading at Rs 51,490 per 10 gram
10 gram of 22-carat gold is trading at Rs 47,200 today after an increase of Rs 100
Gold and silver have always remained some of the precious assets to safeguard against inflation
Ten gram of 24-carat gold is trading at Rs 51,380 today
Spot gold was up 0.6% at $1,743.49 per ounce, as of 0711 GMT, its highest since July 13.
10 gram of 22-carat gold is trading at Rs 46,450 today after a fall of Rs 130
(Reuters) - Gold prices rose on Wednesday, buoyed by a softer U.S. dollar, though prices were range-bound as investors were cautious ahead of the U.S. Federal Reserve's policy decision later in the day.
Gold prices in today's early trade went down by Rs 380 per 10 gram as 24-carat of the yellow metal is currently trading at Rs 50,780
Spot gold was flat at $1,719.49 per ounce by 1438 GMT. U.S. gold futures were little changed at $1,719.10.
Gold prices in Tuesday's early trade remained unchanged
The MCX Gold futures seem to be taking support around the 200-DMA, on the upside sustained trade above the 20-DMA at Rs 50,700 can trigger a fresh rally.
Silver is selling at Rs 55,100 per kg today
Silver prices, on the other hand, witnessed a fall of Rs 200 on Saturday. One kg of silver is currently selling at Rs 55,400 as compared to Rs 55,600 on Friday
Gold is currently trading at Rs 50,180 after a decrease of Rs 440
In India, the fall has been less steep due to the recent import duty hike on the yellow metal
(Reuters) - Gold bounced off a one-year low, gaining over 1% on Thursday, benefiting from some safe-haven interest amid economic concerns as the dollar eased.
Gold rates have slumped to a nearly one-year low over ECB rate hike fears. Oil prices have also followed suit
Gold is heading into the second half of the year under increasing pressure, with the dollar more than ever the dominant driver