The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,060
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,140
Spot silver is changing hands at $31.37, up around 0.22 per cent on the day, at the time of writing this report
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,770
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,340
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,610
Gold prices rose by Rs 700 to Rs 79,400 per 10 grams in the national capital on Friday due to fresh buying by local jewellers and a firm overseas trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 78,700 per 10 grams on Thursday. Silver also climbed Rs 1,300 to Rs 92,200 per kg. On Thursday, the white metal prices crashed by Rs 4,900 to Rs 90,900 per kg. Price of gold of 99.5 per cent purity advanced Rs 700 to hit Rs 79,000-mark against the previous close of Rs 78,300 per 10 grams on Thursday. Traders said sentiment turned bullish due to positive trend overseas and rise in domestic demand, which mainly pushed gold prices higher. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 602 or 0.79 per cent to trade at Rs 76,326 per 10 grams. "Gold traded positively in MCX, supported by safe-haven demand amid ongoing geopolitical concerns," Jateen Trivedi, VP Researc
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 70,920
The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 70,790
While gold has been a better performer and is a good option for long-term investments, silver is more suitable for short-term or tactical investments due to its higher price swings.
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 72,260
Gold prices surged Rs 1,100 to hit a two-week high of Rs 80,400 per 10 grams in the national capital on Friday due to persistent buying by jewellers and retailers during the ongoing wedding season, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity finished at Rs 79,300 per 10 grams. Silver also climbed Rs 300 to Rs 93,300 per kg. It had closed at Rs 93,000 per kg in the previous session. Price of gold of 99.5 per cent purity soared Rs 1,100, extending the gains for the second consecutive day to Rs 80,000 per 10 grams. The yellow metal had finished at Rs 78,900 per 10 grams on Thursday. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 906, or 1.18 per cent, to trade at Rs 77,599 per 10 grams. "Rising global unease pushed gold higher on Comex, and by Rs 900 on MCX, reaching Rs 77,600. This sharp recovery highlights gold's resilience and its role in balancing portfol
Traders are concerned that the Russia-Ukraine war is likely to take dangerous turns on escalating tensions
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,460
The precious metal of 99.9 per cent purity had closed at Rs 77,900 per 10 grams in the previous session. However, silver traded flat at Rs 93,000 per kg on Thursday
The precious metal of 99.9 per cent purity had closed at Rs 77,900 per 10 grams in the previous session. However, silver traded flat at Rs 93,000 per kg on Thursday
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 75,640
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 76,840
With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 72,860