In New Delhi, the price of 22-carat gold is at Rs 47,950 per 10 gm. In Chennai, it dipped to Rs 46,050
Gold prices slipped on Monday as an uptick in the dollar dented the metal's appeal, although lower U.S. bond yields and prospects of a prolonged accommodative interest rate environment limited losses
Spot gold was down 0.2% at $1,886.76 per ounce, after rising more than 1% in the previous session
In New Delhi, the price of 22-carat gold is at Rs 47,110 per 10 gm. In Chennai, it increased to Rs 46,160. The rate in Mumbai was Rs 48,310
Inbound purchases slumped to 11.3 tons last month from 70.3 tons in April, according to a person familiar with the data, who asked not to be identified as the information isn't public
Gold has gained over $150 in first two months of FY22, yielding 9% returns; Bitcoin rally could reverse flow into the metal
US gold futures dropped 0.5% at $1,864.10 per ounce
The gold prices stood steady in India despite its decline in the bullion markets on lower US job claims
On Tuesday, gold prices hit their highest level since January 8 at $1,916.40
Gold's next move is expected on Friday when the US Labor Department releases its non-farm payrolls report for May
Prices for 24-carat gold witnessed an uptick of Rs 1,300 per 10 gram to Rs 49,230 on Thursday from Rs 47,900 in the previous trading session
Gold prices retreated from a near five-month high marked in the previous session, as an uptick in bond yields weighed on the safe-haven metal
Gold in the national capital on Wednesday was up by Rs 110 to Rs 46,980 per 10 gram
Bullion wiped out losses made earlier this year with a 7.8 per cent advance over May amid signs of accelerating inflation
Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session
In New Delhi, the price of 22-carat gold is at Rs 46,870 per 10 gm, while in Chennai it increased to Rs 46,280. The rate in Mumbai was Rs 46,700
Gold rose by Rs 195 to Rs 48,608 per 10 gram in the national capital on Monday following a gain in the precious metal prices, according to HDFC Securities. In the previous trade, it had closed at Rs 48,413 per 10 gram. Silver dipped marginally by Rs 15 to Rs 70,521 per kilogram from Rs 70,536 per kilogram in the previous trade. "Spot gold prices for 24 carats in Delhi rose by Rs 195 with strong COMEX (New York-based commodities exchange) gold prices," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel. In the international market, gold was trading with gains at USD 1,905 per ounce and silver was flat at USD 27.95 per ounce.
While buyers have been slowly shifting away from the thousands of family-run jewelry shops that control the bulk of the world's second-biggest gold market, the pandemic has sped up the process
Bullion is one of the best-performing commodities this month, erasing almost all of this year's losses.
The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from May 31, has been fixed at Rs 4,889 per gram of gold, the Reserve Bank of India (RBI) said