Spot gold surged on Thursday to two week-high level of $2,366 on the Fed rate cut bets. The rate cut speculation gained currency as the Swiss National Bank cut interest rates for the second time
The price of 22-carat gold was also up by Rs 10, with the yellow metal selling at Rs 66,410
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,190
Demand for gold from central banks has been elevated in the last two years as some countries diversify their foreign currency reserves
Under the CEPA, India allows 7 per cent customs duty concessions on import of unlimited quantities of silver and 1 per cent concession on 160 metric tonnes of gold
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 65,890
Gold rate today: The MCX Gold August contract was at Rs 71,135, down 1.16 per cent at Thursday's close
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,140
Spot gold climbed 0.92% to $2,337.47 per ounce by 1700 GMT. U.S. gold futures for August delivery were up 1.2% at $2,354.60
To identify whether gold is real or fake, the first and foremost thing one should check is the hallmark stamps on the gold jewellery
Spot gold traded with a bearish bias on Tuesday as most of the commodities were under pressure due to the rise of far-right parties in the recently concluded European elections
The price of 22-carat gold dipped by Rs 10, with the yellow metal selling at Rs 65,690
The woman exhibited the jewellery at a showcase in the United States, where it was subsequently found to be counterfeit
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 65,690
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,610
With the transfer of around 100 metric tonnes of gold from the UK last week, India's gold reserves are now evenly distributed, with 400 tonnes each in India and abroad
A soft US nonfarm payroll report will be positive for gold as it will increase the possibility of a rate cut happening as early as in July
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,310
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,590
Spot gold at the time of the MCX closing was trading at $2329, down 0.89per cent on the day, whereas the MCX August contract was changing hands at Rs 72,005, down 0.27per cent