Page 14 - Gold Trade

Gold price unchanged at Rs 56,510 per 10 g; silver price falls Rs 500

The price of ten grams of 24 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 56,510

Government monetised enemy properties worth Rs 3,400 crore, says official

The government has earned over Rs 3,400 crore from disposal of enemy properties, mostly movable assets like shares and gold, officials said. Enemy properties are those left behind by people who took citizenship of Pakistan and China after leaving India during the partition and post the 1962 and 1965 wars. "The Custodian of Enemy Property for India (CEPI) has realised a total of Rs 3,407.98 crore from disposal of enemy properties which include 7,52,83,287 shares (for Rs 2,708.9 crore) of 152 companies in 2018-19, 2019-20, 2020-21 and 2021-22, and Rs 699.08 crore as revenue receipts," an official of the Ministry of Home Affairs (MHA) said on Tuesday. Altogether, 1699.79 grams of vested gold has also been sold for Rs 49,14,071 and 28.896 kilogram of silver ornaments have been disposed of for Rs 10,92,175 in January 2021 through Government of India Mint, Mumbai as per provisions of the Enemy Property Act, he said. No immovable enemy property has so far been monetised by the government

Gold, silver prices fall in early trade; yellow metal selling at Rs 56,830

Silver prices fell Rs 100 from yesterday's close to Rs 68,500 per kg

Gold, silver prices remain unchanged; yellow metal trades at Rs 56,950

Silver is selling at Rs 68,600 per kg in early trade

Gold, silver prices fall in early trade; yellow metal selling at Rs 56,730

Silver prices fell Rs 950 from yesterday's close to Rs 69,000 per kg

Gold price falls in early trade; yellow metal selling at Rs 57,160

Silver prices, on the other hand, rose Rs 400 from yesterday's close to Rs 70,400 per kg

Gold declines Rs 55; silver tumbles Rs 455 in Delhi: HDFC Securities

Gold price declined by Rs 55 to Rs 56,865 per 10 gram in the national capital on Tuesday, according to HDFC Securities. The precious metal had ended at Rs 56,920 per 10 gram in the previous trade. Silver also tumbled Rs 455 to Rs 66,545 per kilogram. "Spot gold price in the Delhi markets traded at Rs 56,865 per 10 gram, down Rs 55 per 10 gram," said Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities. In the overseas market, gold was trading higher at USD 1,863 per ounce while silver was lower at USD 21.95 per ounce. Comex gold prices moved up in Asian trading hours on Tuesday but traded within range before US CPI data which will be released later in the day, Gandhi said.

Gold, silver prices fall in early trade; yellow metal selling at Rs 57,230

Silver prices fell Rs 500 from yesterday's close to Rs 70,000 per kg

The yellow metal can glitter some more

With the electronic gold receipts' launch, the gold market will be infused with transparency in spot transactions, enabling India to emerge as price setter, eliminating existing market inefficiencies

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