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The price of gold with 99.5 per cent purity plunged Rs 1,000 to Rs 79,000 per 10 grams (Representational) New Delhi: Gold prices tumbled Rs 1,000 to slip below the Rs 80,000 level in the national capital on Monday amid weak global trends, according to local marketmen. The precious metal of 99.9 per cent purity…
Read More “Gold Prices Fall To Rs 79,000 per 10 Grams, Silver Drops Rs 1,600” »
The story so far: Mired amidst geopolitical tensions and economic uncertainty, spot price of gold scaled a record high of $2,758.37 for an ounce on October 23. At the time of writing, the yellow metal was priced at $2,731.45/ounce having marginally corrected course from the record high. In India, gold was mirroring the upward trajectory…
Read More “Why is there an upward rally in gold prices? Explained” »
New Delhi: Gold prices saw a steep surge of Rs 1,000 and breached the psychological Rs 82,000 per 10 grams-mark for the fist time in the national capital on Wednesday, amid robust buying by jewellers ahead of Diwali. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity soared by…
Read More “Gold Prices Record High Of Rs 82,400 As Diwali Sparks Demand” »
Ricardo Evangelista saw gold benefiting “from the weakening of the dollar” (Representational) London: The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools. In late afternoon London deals, gold soared 1.7 percent to touch $2,463.80 per ounce, crushing its previous pinnacle…
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Silver anklets in Salem in Tamil Nadu. File image for representation. | Photo Credit: E. Lakshmi Narayanan Silver prices hit a lifetime high levels of ₹97,100 in the local market on Wednesday, while gold prices rose ₹250 in line with strong trends in the overseas markets, according to HDFC Securities. Continuing its winning run for…
Read More “Silver continues to glitter, hits lifetime high of ₹97,100 per kg” »
File image for representation. | Photo Credit: PTI Gold prices rose ₹150 to ₹62,850 per 10 grams in the national capital on Wednesday amid strong global cues in the overseas markets, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹62,700 per 10 grams. Silver also climbed ₹100 to ₹75,700…
Gold prices jumped ₹170 to ₹63,370 per 10 grams in the national capital on Wednesday amid gains in precious metal’s prices globally, according to HDFC Securities. The yellow metal had closed at ₹63,200 per 10 grams in the previous trade. However, silver plunged ₹300 to ₹74,600 per kilogram, while it had ended at ₹74,900 per…
Gold prices fell ₹150 to ₹63,200 per 10 grams in the national capital on Tuesday amid bearish cues from the overseas markets, according to HDFC Securities. The precious metal had closed at ₹63,350 per 10 grams in the previous close. Silver also tumbled ₹600 to ₹74,900 per kilogram, while it had settled at ₹75,500 per…
Gold prices on Friday rose ₹381 to ₹60,699 per 10 grams in futures trade as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold contracts for December delivery traded higher by ₹381 or 0.63 per cent at ₹60,699 per 10 grams in a business turnover of 15,051 lots. Fresh positions…
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Gold rings are seen on display for customers at a jewellery shop in Seoul. File | Photo Credit: REUTERS Gold price gained ₹50 to ₹57,400 per 10 grams in the national capital on Friday amid a rise in precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had ended…