The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,910
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,290
Silver futures plunged by Rs 4,232 to Rs 2.55 lakh per kilogram in the futures trade on Monday, as weak domestic demand and a strong US dollar weighed on investors' sentiment. On the Multi Commodity Exchange, the white metal for the May delivery declined by Rs 4,232, or 1.63 per cent, to Rs 2,55,203 per kilogram in a business turnover of 5,787 lots. Analysts said silver prices remained under pressure as weak retail demand in the domestic market coincided with macroeconomic headwinds in global markets. Indian bullion dealers have extended discount offerings to unprecedented levels, reaching USD 83 per ounce over domestic official pricing -- inclusive of 6 per cent import and 3 per cent sales levy -- the highest discount observed since July 2016, compared to USD 28 in the previous week, Renisha Chainani, Head - Research at Augmont, said. The sharp increase in dealer discounts indicates a profound weakening in retail demand for precious metals, she said, adding that jewellers have ...
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,46,340
Gold steadied after dropping for a second straight week, under pressure from rising energy prices and inflationary concerns arising from the US-Israeli war with Iran
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,290
Silver prices are expected to remain volatile as surging oil lifts the dollar and reduces Fed rate-cut hopes, while Iran war tensions keep markets on edge
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,49,710
Tata Mutual Fund advises staggered investment in gold and silver as the Iran conflict fuels geopolitical uncertainty and strengthens safe-haven demand
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,49,990
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,690
In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.
Silver price outlook: Silver faces selling pressure amid strong US data, firm dollar and rising yields. The metal may test $77 support if weakness continues, said Mirae Asset Sharekhan analyst
Oil prices, Rogers said, could definitely cross $100 a barrel again, especially if the geopolitical developments continue.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,53,640
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,56,290
The US and Israel fired missiles across Iran on Saturday, with the Supreme Leader Ayatollah Ali Khamenei being killed
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,58,660
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,110
Dips towards the key support at $84 are likely to be well supported as geopolitical concerns continue to linger, said Praveen Singh, head currencies and commodities at Mirae Asset