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
Crude oil prices are above their daily 5, 8, 13, and 21 day moving average envelope, which is in bullish sequential order
CME has raised margin for silver to push back any more speculative moves
Gold in the national capital on Wednesday declined by Rs 232 to Rs 47,387 per 10 gram amid decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,619 per 10 gram. Silver also dipped Rs 1,955 to Rs 67,605 per kilogram from Rs 69,560 per kilogram in the previous trade. In the international market, gold was quoting lower at USD 1,835 per ounce and silver was flat at USD 26.78 per ounce. Gold prices are trading under pressure on stronger dollar and rally in equity indices, according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.
In New Delhi, the gold price of 22-carat gold is at Rs 48,130 per 10 gm, while in Chennai it fell to Rs 46,070
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes
Silver also gained Rs 161 to Rs 62,542 per kg, compared with Rs 62,381 per kg on Thursday
The pandemic and the subsequent rise in gold prices have reinforced customers' trust in gold as an asset class
Rising coronavirus cases, especially in Europe, are keeping gold supported, more so because of the possible economic fallout
In New Delhi, the price of 22-carat gold remained at Rs 49,600 per 10 gram, and in Chennai it jumped to Rs 48,860
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870
In New Delhi, prices of 22-carat gold jumped significantly to Rs 51,150 per 10 gram from previous close of Rs 50,250 while prices of 24-carat also climbed to Rs 55,900
In New Delhi, prices of 22-carat gold slumped Rs 3,200 to Rs 50,250 per 10 gram while prices of 24-carat also dropped to Rs 54,500
In New Delhi, prices of 22-carat gold slumped Rs 650 to Rs 53,450 per 10 gram while prices of 24-carat also dropped to Rs 54,750
In New Delhi, the price of 22-carat gold rose to Rs 52,450 per 10 gram
In New Delhi, the price of 22-carat gold rose to Rs 52,260 per 10 gram, and in Chennai to Rs 51,790
In New Delhi, the price of 22-carat gold rises to Rs 51,250 per 10 gram
Investment in precious metal safe based on outlook for India in the next four months
Prices have risen more than 4% this week, putting gold on course for its longest winning streak since late 2011
In New Delhi, the price of 22-carat gold rises to Rs 49,000 per 10 gram