Spot gold slipped from its day's high of $2,329.98 and was seen hovering around $2,314 (MCX Gold June LTP Rs 71,146) when the local exchanges closed
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 65,690, Rs 65,540, and Rs 66,340, respectively
The RBI net demand totaled 290 tonnes in the March 2024 quarter, up 1 per cent as compared to 286.2 tonnes in the March 2023, strongest start to any year on record, World Gold Council (WGC) said.
The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540
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The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 66,140
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,640
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 68,110, Rs 67,960, and Rs 68,710, respectively
Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months
Oil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,490
The price of one kilogram of silver in Chennai stood at Rs 89,100
It is not an interest-bearing asset and has precious little industrial use
The price of 22-carat gold also fell Rs 10, with the yellow metal selling at Rs 64,140
The gold price was Rs 28,430 per 10 gram a decade ago, up 141 per cent, giving a 9.2 per cent compounding annual return
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,900
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,200
Oil prices steadied on Friday as investors digested fresh US employment data, in the quest for clues as to whether interest rate cuts may occur in the US and Europe in the first half of this year
The price of 22-carat gold also declined Rs 10 with the yellow metal selling at Rs 58,740
The price of 22-carat gold also slipped Rs 10 with the yellow metal selling at Rs 58,740