Page 14 - Gold Trade

Gold prices unchanged; yellow metal sells at Rs 57,550 per 10 gram

Silver prices increased by Rs 100 per kg; the precious metal is selling at Rs 71,400 per kg

Kalyan Jewellers India Q3 consolidated PAT rises 10% to Rs 148.43 crore

Kalyan Jewellers India on Tuesday reported a 10.34 per cent growth in consolidated profit after tax (PAT) during the quarter ending December 31, 2022, at Rs 148.43 crore. The jewellery retailer's PAT stood at Rs 134.52 crore in the October-December quarter of the previous financial year, Kalyan Jewellers India said in a regulatory filing. The company recorded a 13.06 per cent growth in consolidated revenue during the quarter under review at Rs 3,884.09 crore against Rs 3,435.39 crore in the year-ago period. The India operations recorded EBITDA of Rs 276 crore for the quarter, compared to Rs 253 crore in the same period a year ago. The e-commerce division, Candere, recorded a revenue of Rs 44 crore for the quarter versus Rs 47 crore a year ago. Total revenue from operations in the Middle East grew by 24 per cent during the third quarter of FY23 was at Rs 641 crore against Rs 515 crore in the December quarter of the previous year. The Middle East region contributed around 16.5 per

Gold, silver prices remain unchanged; yellow metal trades at Rs 57,160

In Delhi, Kolkata, and Mumbai 1 kg of silver was trading at Rs 71,200

Gold, silver prices rise in early trade; yellow metal selling at Rs 57,820

The price of 22-carat gold rose Rs 500 from yesterday's close to Rs 53,000 per 10 grams

Gold, silver prices fall in early trade; yellow metal selling at Rs 57,270

Silver prices fell Rs 100 from yesterday's close to Rs 72,300 per kg

Gold, silver unchanged; yellow metal sells at Rs 57,490 per 10 grams

Silver is selling at Rs 72,500 per kg

Gold price up in early trade; yellow metal sells at Rs 57,110 per 10 grams

Silver prices remained unchanged from yesterday's close at Rs 72,300 per kg

Gold, silver unchanged; yellow metal trades at Rs 57,060 per 10 grams

Silver is selling at Rs 72,300 per kg

Gold, silver prices rise; yellow metal selling at Rs 56,070 per 10 grams

Silver price rose by Rs 400 per kilogram from yesterday's close; the precious metal was selling at Rs 71,900 per kg

Gold gains on softer dollar as markets await US inflation data: Report

Gold prices rose on Thursday to near an eight-month peak, helped by a weaker dollar, as investors braced for a U.S. inflation report expected to provide clues to the Federal Reserve's rate-hike path

Gold trading at Rs 55,590 as rates rise in early trade, silver unchanged

Gold is considered a hedge against inflation and economic uncertainties, but higher interest rates increase the opportunity cost of holding gold as it pays no interest

Gold prices jump to six-month peak in thin trade ahead of Fed minutes

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week

Gold prices decline in early trade, at Rs 55,040; silver rates unchanged

Ten grams of 22-carat gold is selling at Rs 50,450, after a decrease of Rs 150

Gold prices rise by Rs 205 to Rs 55,210 per 10 grams; silver declines Rs 30

Gold prices rose by Rs 205 to Rs 55,210 per 10 grams in the national capital on Friday amid positive global trends, according to HDFC Securities. The precious metal had touched Rs 55,005 per 10 grams in the previous trade. Silver, however, declined by Rs 30 to Rs 69,698 per kg. "COMEX gold heads for a second weekly gain after US job data eased concern that a hot labour market would lead to hawkish Fed," an analyst at HDFC Securities said. In the overseas market, gold was trading in green at USD 1,817.4 per ounce while silver was marginally down at USD 23.83 per ounce. "Gold edged higher, helped by a dip in the dollar as initial unemployment claim data pointed to a cooling off in the US labour market, easing worries about harsher Federal Reserve rate hikes next year," Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services, said.

Gold rises in early trade, up by Rs 170; silver unchanged at Rs 70,100

Gold prices hemmed into a tight range in thin trading, as cautious traders awaited economic data due later in the day to gauge the Federal Reserve's rate hike stance

Gold, silver prices unchanged in early trade; yellow metal at Rs 54,110

Silver is selling at Rs 69,300 per kg

Gold unchanged, silver jumps Rs 300; yellow metal trading at Rs 54,490

Ten gram of 22- carat gold is selling at Rs 49,950 after the prices remain unchanged from the previous day

Gold, silver rates unchanged in early trade; yellow metal at Rs 54,330

Gold prices were flat on Wednesday, with investors readying themselves for the US Federal Reserve's rate-hike decision

UAE deal poses a survival challenge for Indian bullion refineries

Under this gold will be imported at a duty lower than applicable to refineries

Gold, silver prices unchanged in early trade; yellow metal at Rs 54,440

Higher interest rates tend to increase the opportunity cost of holding gold as it yields no interest