The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,540
Gold and silver prices retreated from record high levels in the national capital on Monday, with the precious metal plunging by Rs 450 per 10 grams, due to weak global trends and easing tensions in West Asia. Gold prices declined by Rs 450 to Rs 73,650 per 10 grams amid weak trends in the overseas markets, according to HDFC Securities. The yellow metal had settled at Rs 74,100 per 10 grams on Friday. Silver prices also tumbled by Rs 1,100 to Rs 85,500 per kg. In the previous close, it had closed at Rs 86,600 per kg. "Spot gold prices (24 carats) in the Delhi markets are trading at Rs 73,650 per 10 grams, down by Rs 450 against the previous close," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said. In the international markets, spot gold at Comex was trading at USD 2,365 per ounce, down by USD 26 from the previous close. Gold resumed trading on a weaker note on Monday as demand for the safe haven asset decreased after easing geopolitical tensions in the Middle .
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,040
The price of 22-carat gold also rose Rs 10, with the yellow metal selling at Rs 68,160
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 74,120
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 68,110, Rs 67,960, and Rs 68,710, respectively
Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. According to HDFC Securities, gold prices zoomed Rs 700 to hit its lifetime high of Rs 73,750 per 10 grams in the national capital on Tuesday. It had closed at Rs 73,050 per 10 grams on Monday. Similarly, silver price jumped Rs 800 to hit a record high of Rs 86,500 per kg. "Spot gold prices (24 carats) in the Delhi markets are trading at a new record high of Rs 73,750 per 10 grams, up by Rs 700, taking positive cues from overseas markets," Saumil Gandhi, Senior Analyst, Commodities at HDFC Securities, said. In the global markets, spot gold at Comex was trading at USD 2,370 per ounce, up by USD 15 from the previous close. Gold rose as demand for the haven asset grew amid fears of escalating tensions in the Middle East following Iran's unprecedented attack on Israel la
During economic uncertainties, investors often turn to precious metals like silver to safeguard their wealth
The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 67,210
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 84,900
The MCX Gold futures have scaled new highs in the last 9 trading sessions, and surged 8.5 per cent. Charts suggest some consolidation likely ahead, as technical indicators are in overbought zone.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,630
India's imports could rise to 6,000 tons in 2024, from last year's 3,625 tons, driven by robust demand from the fabrication and solar industries
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 71,280
The price of 22-carat gold also fell Rs 10, with the yellow metal selling at Rs 64,140
The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,610.
The price of 22-carat gold also jumped Rs 10 with the yellow metal selling at Rs 64,110
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 63,490, Rs 63,340, and Rs 64,290, respectively
The price of 22-carat gold declined Rs 10 with the yellow metal selling at Rs 63,610
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 68,440