Silver holding well despite elevated yields and a firmer US Dollar is a positive sign. However, easing the silver lease rate has taken out the bullish sting to some extent
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,11,340
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,12,210
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,10,740
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,12,990
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,15,140
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,990
In the short-term, however, further heightened volatility can not be ruled out, especially due to geopolitical factors and US CPI data
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,640
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,15,390
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,16,600
Experts believe there are more chances of a correction in the near term due to profit-booking, adding that the long-term bullish trend is intact
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,790
Gold and silver soared over 60 per cent in Samvat 2081, outpacing stocks as Nifty and Sensex delivered modest single-digit returns amid global volatility
Gold and silver sales alone are estimated at ₹60,000 crore; strong demand for Indian-made products boosts festive spending
Traders described a growing panic as liquidity dried up. The cost of borrowing silver overnight soared to annualised rates of as high as 200%, according to consultancy Metals Focus
Silver prices are skyrocketing, imports are plunging, and India’s silver market is in turmoil.
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,940
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,21,710
In Mumbai's bustling jewellery district, stores are packed, with many customers coming in to buy or book gold and silver coins and bars as both festival and investment purchases