The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,340
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,340
Since oil and gas prices did not join other commodities in their run up in the last few months, analysts believe they are likely to remain sideways at best, unless geopolitical events trigger a rally
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,45,560
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,540
Commodity rout: Precious metals - Gold, Silver, Platinum have cracked up to 47.5%; base metals - aluminium, copper, zinc, lead and nickel - plunged up to 18% in global markets from January 29 highs.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,540
MCX Gold, MCX Silver prices crashed up to 14 per cent in Thursday's trading session tracking overnight losses in the precious metals.
Silver, on the other hand, UBS said, is likely to remain volatile going ahead in the backdrop of the sharp run seen in the last few months and the ensuing correction seen in the white metal recently.
In the two days after that, silver and gold recovered 11 per cent and 6.5 per cent, with the prices once again seeing pressure in trade today
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,46,160
Goldman Sachs said on Wednesday that it saw significant upside risk to its $5,400 year-end forecast for gold on central banks maintaining their recent pace of accumulation
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,41,110
At current levels, MCX Gold prices have retraced up to 38.2 per cent, and Silver up to 50 per cent, highlights Aamir Makda Commodity & Currency Analyst of Choice Broking.
In the global market, spot gold and silver prices were lower by 6 per cent and 11.8 per cent, respectively. From their record highs, gold and silver are down 13.5 per cent and 32 per cent
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,190
The dollar clung onto its gains as investors weighed what a US Federal Reserve under Warsh might look like, with his preference for a smaller balance sheet
Shares of gold-loan financers' wilted under selling pressure in Sunday's Budget day special trading session as Gold, Silver prices retreated sharply from record high levels.
Silver futures, which touched a peak of ₹4.2 lakh a kg on Thursday, fell 30% to ₹2.92 lakh in a day. Gold also weakened by 17.53%, but silver lost more. Are we seeing a 1980s redux?
Gold and silver ETFs in India logged their steepest single-day fall as global precious metal prices retreated sharply after a strong rally