The price of 22-carat gold also dropped by Rs 10, with ten grams of the yellow metal selling at Rs 72,990
Gold prices rose Rs 250 to Rs 80,550 per 10 grams in the national capital on Friday as rupee hit record low amid consistent buying from retailers and stockists, according to the All India Sarafa Association. The precious metal ended the previous session at Rs 80,300 per 10 grams. However, silver traded flat at Rs 93,000 per kg on Friday. The price of gold of 99.5 per cent purity continuing to shine bright for the fourth straight session by appreciating Rs 250 to Rs 80,150 per 10 grams. It had finished at Rs 79,900 per 10 grams on Thursday. Traders said the rise in gold prices at local market is also propelled by robust overseas demand. Meanwhile, the rupee declined 14 paise and touched the crucial 86-mark for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. On a weekly basis, gold prices surged Rs 1,550, or 2 per cent, to Rs 80,550 per 10 grams, while silver shot up 2.5 per cent to
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
In the last three months, the rupee has depreciated 2.2 per cent against the dollar, which typically hurts consumer durable companies.
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 72,140
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,700
The price of 22-carat gold also went up by Rs 10, with ten grams of the yellow metal selling at Rs 72,610
Silver trading strategy: Stable US yields may help Silver test the resistance around $30.20 in ultra-short term, though buying the dips is advisable over chasing the rally
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,810
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,090
The market now awaits a fresh set of catalysts, including a slew of US economic data due next week that could influence the interest rate outlook for 2025
The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,510
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 71,340
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,010
With a constrained supply growth and rising industrial usages, silver is mostly headed for a fifth straight year of deficit in 2025
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,740
After gold and silver's stellar performance in 2024, what are experts predicting about the metals' trajectory in the new year? Watch the video to find out.