Thu, Nov 21, 2024
Prices for 22K gold were approximately Rs 1,500–2,000 lower per 10 grams across major cities.
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Tue, Nov 19, 2024
Gold prices jumped Rs 600 to Rs 78,050 per 10 grams in the national capital on Tuesday amid a strong global trend in the overseas market, according to the All India Sarafa Association.
Precious metals gained strength as geopolitical tensions and profit-taking in the dollar index supported prices. On Tuesday, gold December futures at MCX rose 0.50 per cent, opening at Rs 75,400 per 10 grams, while silver December futures traded at Rs 91,059 per kilogram, up 0.60 per cent.
Wed, Dec 29, 2021
Spot silver fell 1.5% to $22.65, platinum dropped 1.4% to $962.45 and palladium shed 1.1% to $1,966.74.
Mon, Dec 27, 2021
Benchmark US Treasury yields edged down from their highest in more than a week touched in the previous session, reducing the opportunity cost of holding bullion, which pays no interest, said a report.
Wed, Dec 08, 2021
MCX February Gold Futures were trading in the green at Rs 48,123 per 10 gram around 6:45 pm, up by almost Rs 63 or 0.13 per cent from the Tuesday closing price. Meanwhile the March Silver futures were higher by Rs 208 or 0.34 and were trading at Rs 61,620 around this time
Number of jewellers, who got themselves registered for hallmarking as on 30 November 2021, stood at 126,373 Union Minister of State for Consumer Affairs, Food and Public Distribution, Ashwini Kumar Choubey today said in a written reply to a question in Lok Sabha
Tue, Dec 07, 2021
Motilal Oswal said that Gold traded steady amid a stronger US Dollar and fears looming over the pace of tapering exercise by the US Federal Reserve. The uncertainty over coronavirus Omicron variant and inflationary pressures acted as a countervailing force, aiding the bullion price movement, it further said
Mon, Dec 06, 2021
Analyst Anuj Gupta remains bullish on the yellow metal in the near to immediate term. He recommended a buy in February Gold Futures at Rs 47,800 with a stop loss at Rs 47,600 and price target at Rs 48,300
Sat, Dec 04, 2021
Outlook for gold and Silver remains positive in the immediate to near term amid uncertainties around Omicron. The stock markets collapsed on Friday once again following the trend which existed for almost the entire week. The loss to equity markets will benefit Gold considered as a haven for investors amid difficult times
Fri, Dec 03, 2021
After January, the price of gold could not reach the level of 50000. Many times we thought it would reach but it did not happen. The question is whether gold will touch 50000 in the last month of the year or not? Know the opinion of experts on this in this episode.
Thu, Dec 02, 2021
Domestic prices of Gold and Silver took cues from their foreign peers and were trading in the red around 6 pm on Thursday. The February Gold Futures were trading at Rs 47,745 per 10 gram on the MCX around this time and were down by Rs 127 or 0.27 per cent from the Wednesday closing price
Wed, Dec 01, 2021
The February Gold Futures were trading at Rs 47,878 per 10 gram, higher by Rs 73 or 0.15 per cent from the Tuesday closing price. Meanwhile, the March Silver futures were dearer by Rs 135 or 0.22 from the Tuesday closing price and were trading at Rs 62,406
Tue, Nov 30, 2021
Government is all set to make jewellery hallmarking compulsory from tomorrow in 256 districts for the Jewellery sellers. How is the preparation on ground? How will you recognize hallmarked jewellery? Zee Business' Commodity Editor Mrituenjay Jha spoke to top expert Prithviraj Kothari, President of IBJA. Here is what Kothari suggested in the Commodity Superfast episode.
MCX Gold and Silver futures were trading with a positive bias on Tuesday. The February Gold futures were trading at Rs 48,290 per 10 gram at 4:10 pm, higher by Rs 300 or 0.63 per cent from the Monday closing price. Meanwhile, March Silver futures were up by Rs 150 or 0.24 per cent around this time and were trading at Rs 62,586
Mon, Nov 29, 2021
December Gold futures were up almost 0.60 per cent or Rs 282 from the Friday closing price and were trading at Rs 47,867 per 10 grams. Meanwhile, the December Silver Futures were also dearer by Rs 736 or 1.2 per cent and were trading at Rs 62,781 per kg
Thu, Nov 25, 2021
MCX December Gold and Silver Futures were trading with a positive bias on Thursday. While the yellow metal gained Rs 112 per 10 gram around 2:50 pm, Silver futures were up by Rs 407 per kg from the last closing price on Wednesday
Tue, Nov 23, 2021
MCX December Gold and Silver futures are expected to trade in a range according to a report by Motilal Oswal. It sees support at Rs 47,450-$7,200 and resistance at Rs 47,900-48,100. As for Silver futures, support is seen at Rs 63,100-62,700 and resistance is seen at Rs 64,200-64,600, this report said
Mon, Nov 22, 2021
After hitting a two-week low last week, the yellow metal managed to salvaged some ground on the back of a US Dollar retreat. The dollar index fell 0.1 per cent, retreating from Friday's high, a Reuters report said. A weaker dollar reduces bullion's cost to buyers holding other currencies
Sat, Nov 13, 2021
Gold prices rose on Friday and were on track to post their best week in six months, with bullion`s appeal as an inflation hedge burnished by a surge in U.S. consumer prices.
Fri, Nov 12, 2021
A report has claimed that about 25 lakh marriages are to be held in November-December and as the season arrives there is a jump in gold prices.
In the previous trade, the yellow metal had settled at Rs 48,154 per 10 grams.
Thu, Nov 04, 2021
Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities recommends a Buy on December Gold futures at Rs 47,300 with a stop loss at Rs 46,900 and target at Rs 48,000
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