Gold prices fell on Thursday as US Treasury yields and the dollar rebounded, while investors awaited details on incoming US President Joe Biden's coronavirus stimulus proposal
In New Delhi, the gold price of 22-carat gold is at Rs 48,350 per 10 gm, while in Chennai it fell to Rs 46,620
Spot gold rose 0.2% at $1,847.96 per ounce by 0235 GMT, after touching its lowest since Dec. 2 in the previous session. US gold futures eased 0.2% to $1,847.30
In New Delhi, the gold price of 22-carat gold is at Rs 48,050 per 10 gm, while in Chennai it fell to Rs 46,800
Gold prices touched a near six-week low on Monday, extending losses from the previous session, as a stronger dollar and higher US Treasury yields pressured the non-yielding bullion
In New Delhi, the gold price of 22-carat gold is at Rs 48,460 per 10 gm, while in Chennai it fell to Rs 47,010
Gold inched lower on Friday as the US dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain
Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus
Gold edged lower as the dollar firmed with investors tracking two closely contested US Senate runoff races in Georgia that will likely determine President-elect Biden administration's fiscal policy
In New Delhi, the gold price of 22-carat gold is at Rs 50,150 per 10 gm, while in Chennai it fell to Rs 48,560
Spot gold was up 0.12 per cent to $1,946.52 per ounce by 9.16 pm IST, after hitting its highest since November 9 at $1,947.96
Gold prices eased on Tuesday after hitting an eight-week high, as the US dollar recovered from multi-year lows ahead of Senate runoff elections in Georgia
In New Delhi, the gold price of 22-carat gold is at Rs 49,070 per 10 gm, while in Chennai it fell to Rs 48,150
Brent crude, too, rose in line with the broader financial market and its futures reached $53.33 a barrel, the highest since March 2020
Gold started 2021 on a high by notching an eight-week peak after surpassing the key $1,900 level, as a surge in Covid and prospects of tougher control measures lured investors to the safe-haven metal
Bullion hit a record in August as investors feared an unprecedented wave of stimulus by central banks and governments would lead to currency debasement and inflation
In New Delhi, the price of 22-carat gold is at Rs 48,850 per 10 gm, while in Chennai it fell to Rs 47,240
Gold prices fell on Thursday as hopes for an economic recovery next year increased risk appetite, although the precious metal was set to wrap up the year with its best performance in a decade
In New Delhi, the gold price of 22-carat is at Rs 48,850 per 10 gm, while in Chennai it fell to Rs 47,120
Gold inched higher on Wednesday as the dollar eased, while investors weighed a top US Republican leader's decision to postpone a vote on increased pandemic relief payments