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Gold Prices
The rate of silver on Tuesday increased by Rs 700 per kg, with the metal trading at Rs 62,100.
The price of gold went up by Rs 600 per 10 gram from the previous day's rate
The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes
The greenback hit a one-month low, while U.S. 10-year Treasury yields also edged lower as weakness in equities revived safe-haven demand for the debt
The dollar, a rival safe-haven asset to gold, has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.
Prices hit their highest since May 12 at $1,853.55 earlier in the session.
The rate of gold and silver remained unchanged on Monday
The rate of 1 kg of silver went down by Rs 3,300 to trade at Rs 61,700 on Saturday
The rate of 1 kg of silver increased by Rs 4,000 to Rs 65,000 on Friday
The price of 10 grams of 24-carat gold on Thursday went down by Rs 490 to Rs 50,290.
The price of 10 grams of 24-carat gold on Wednesday went up by Rs 330 to Rs 50,780.
Earlier in the session, gold prices dropped 1.4% to their lowest level since Jan. 31 at $1,786.60. On Friday, they posted their fourth consecutive weekly decline.
The rate of 10 grams of 24 carat gold on Monday remained unchanged at Rs 50,450.
The gold rates in India depend on a number of factors including the international gold prices, local tariffs, and the currency movements
The gold rates in India depend on a number of factors including the international gold prices, local tariffs, and the currency movements
Spot gold fell 0.2% to $1,848.15 per ounce by 0959 GMT. U.S. gold futures were down 0.2% at $1,849.20.