(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.
10 gram of 22-carat gold is trading at Rs 47,200 today after an increase of Rs 100
India's International Bullion Exchange (IIBX) will be open for jewellers with a net worth of Rs 25 crore and above to participate
Gold rates have slumped to a nearly one-year low over ECB rate hike fears. Oil prices have also followed suit
In Delhi, Mumbai, and Kolkata, 10 gram of 24-carat gold is selling at Rs 50,390. Whereas, 10 gram of 22-carat gold is selling at Rs 46,190.
Gold prices took a hit as dollar rates hike amid US inflation data
The price of silver fell by Rs 6,100 per kg from the previous day's closing price, with the metal selling at Rs 56,400 on Thursday
(Reuters) - Gold neared a nine-month low on Monday, weakening after strong U.S. job market data last week boosted the likelihood of another super-sized interest rate hike by the Federal Reserve.
Indian gold imports in May were recorded at 107 tonnes, a rise of 790 per cent year-on-year, and impacting the current account deficit negatively
India's traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion
Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading
Silver is trading at Rs 59,400 per kg
In Delhi, Kolkata, and Bangalore, 10 gram of 24-carat gold is trading at Rs 51,980
Spot gold was flat at $1,817.01 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90
A kg of silver is trading at Rs 60,300 on Tuesday
The measures we have announced today will directly hit Russian oligarchs and strike at the heart of Putin's war machine, said UK Prime Minister Boris Johnson
Meanwhile, silver is also witnessing a fall of Rs 500 as compared to the previous day's rate. 1 kg of silver is trading at Rs 60,500
Gold prices went down in Wednesday's early trade from the previous day's rate by Rs 100, with 10 gram of yellow metal (24-carat) selling at Rs 51,980
Over the past five years, 11 per cent of India's gold supply came from 'old gold'; driven by movements in the gold price
It may underperform in the near term, but could bounce back if fears of a US recession gain ground