The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290
Silver price on MCX: Support is seen at $31 (Rs 93,500) /$29.50 (Rs 89,000)
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,590
Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets. According to HDFC Securities, silver prices jumped Rs 300 to Rs 89,000 per kg in the national capital. It had closed at Rs 88,700 per kg in the previous session. Meanwhile, gold prices declined Rs 150 to Rs 73,900 per 10 grams. In the previous session, it had settled at Rs 74,050. "Gold prices retreated on Friday as the US dollar and US Treasury yields recovered from multi-week lows. The US dollar index is currently quoting higher by 0.22 per cent against the previous close. "Traders reassessed the future path of interest rates, leading to a recovery in the US dollar and yields, following the US Fed's policymakers' emphasis on the need for US inflation to decrease further to justify lower borrowing costs and indicating that borrowing
The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860
The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,160
Silver price target: upport is seen in the range of $27.90-$28 (Rs 83,600-Rs 83,900)
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,960, Rs 72,810, and Rs 72,970, respectively
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 67,240
The price of 22-carat gold inched up Rs 10, with the yellow metal selling at Rs 67,560
Akshaya Tritiya holds significant importance in Hindu culture, symbolising prosperity and abundance. The day is also considered auspicious for the purchase of gold and silver
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 66,140
Silver outlook by Sharekhan: The recovery in Silver prices has been driven largely by increasing probability of rate cuts by the US Federal Reserve
The price of 22-carat gold also inched up by Rs 10, with the yellow metal selling at Rs 66,360
The price of 22-carat gold also inched up by Rs 10, with the yellow metal selling at Rs 66,060
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 65,740
The price of 22-carat gold also inched up by Rs 10, with the yellow metal selling at Rs 66,260
Silver investors must take note of its industrial use
The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540