New Delhi [India], July 22 (ANI): Strong likelihood of a sharp rise in interest rates by the US Fed and other central banks to rein in the red-hot inflation has melted international gold prices to a nearly one-year low. In India too, the prices of the yellow metal in physical markets fell to a multi-month low and breached the psychologically crucial level of Rs 50,000 per 10 gm.
New Delhi [India], July 16 (ANI): Gold prices in India have been declining in July tracking weak global cues. Investors seemed to have turned towards the US dollar on the possibility of another steep policy rate hike in the upcoming review meeting later this month.
New Delhi Apr 26 PTI Gold in the national capital on Tuesday gained Rs 78 to Rs 51452 per 10 grams in line with firm global trends according to HDFC Securities In the previous trade the precious metal settled at Rs 51374 per 10 grams Silver also jumped Rs 517 to Rs 65134 per kg from Rs 64617 per kg in the previous trade In the international market gold was trading with gains at USD 1901 per ounce and silver was flat at USD 2365 per ounce Gold prices traded firm with spot gold prices at COMEX trading 023 per cent up at USD 1901 per ounce on Tuesday Gold prices recovered on Tuesday following weaker dollar and fall in US bond yields according to Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM SUM AJ AJ
New Delhi Apr 25 PTI Gold in the national capital on Monday declined by Rs 316 to Rs 51872 per 10 gram in line with fall in international precious metal prices according to HDFC Securities In the previous trade the precious metal finished at Rs 52188 per 10 gram Silver also tanked Rs 1010 to Rs 65443 per kg from Rs 66453 per kg in the previous trade In the international market gold was trading lower at USD 1921 per ounce and silver declined marginally to USD 2378 per ounce Gold prices traded weak with spot gold prices at COMEX trading at USD 1921 per ounce on Monday Gold prices declined on expectations of higher-than-expected rate hike from US FED and rally in US bond yields said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM SUM ANU ANU
New Delhi Apr 22 PTI Gold prices spurted by Rs 263 to Rs 52472 per 10 grams in the national capital on Friday in line with firm global trends according to HDFC Securities The precious metal finished at Rs 52209 per 10 grams in the previous trade Silver also moved higher by Rs 500 to Rs 67707 per kg from Rs 67207 per kg in the previous trade The rupee declined by 25 paise to close at 7642 against the US dollar on Friday in line with a sell-off in domestic equities and a firm greenback in the overseas markets In the international market gold was trading higher at USD 1952 per ounce and silver was flat at USD 2445 per ounceGold prices at COMEX were firm on Friday on global growth worries over higher inflation said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM MR
New Delhi Mar 31 PTI Gold prices in the national capital on Thursday declined by Rs 117 to Rs 51542 per 10 grams in line with weak international precious metal prices and rupee appreciation according to HDFC SecuritiesIn the previous trade the yellow metal settled at Rs 51659 per 10 gramsSilver also tumbled Rs 693 to Rs 66905 per kg from Rs 67598 per kg in the previous tradeThe rupee advanced by 14 paise to close at 7576 provisional against the US dollar on ThursdayIn the international market gold traded lower at USD 1926 per ounce and silver was flat at USD 2477 per ounceGold prices traded weak with spot gold prices at COMEX trading 038 per cent down at USD 1926 per ounce on Thursday said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM SUM RUJ RUJ
New Delhi Mar 30 PTI Gold prices in the national capital on Wednesday jumped Rs 573 to Rs 51470 per 10 grams in line with recovery in international precious metal prices according to HDFC SecuritiesIn the previous trade the yellow metal settled at Rs 50897 per 10 gramsSilver also rallied Rs 1287 to Rs 67257 per kg from Rs 65970 per kg in the previous tradeIn the international market gold was trading higher at USD 1921 per ounce and silver was flat at USD 2479 per ounceGold prices traded steady with spot gold prices at COMEX trading marginally up at USD 1921 per ounce on Wednesday said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM SUM RUJ RUJ
New Delhi Mar 28 PTI Gold price on Monday dropped by Rs 351 to close at Rs 51452 per 10 gram in the national capital reflecting the decline in international precious metal prices according to HDFC Securities The yellow metal had settled at Rs 51803 per 10 gram in the previous trade Silver also tumbled Rs 561 to Rs 68182 per kg from Rs 68743 per kg in the previous trading session In the international market gold traded lower at USD 1933 per ounce and silver remained flat at USD 2510 an ounce Gold prices traded weak with spot gold prices at COMEX trading more than 1 per cent down at USD 1933 per ounce on Monday Gold prices traded under pressure on stronger dollar and rise in US bond yields said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM HVA HVA
New Delhi Mar 25 PTI Gold rose by Rs 30 to Rs 51827 per 10 grams in the national capital on Friday following overnight gains in the precious metal in global markets according to HDFC Securities In the previous trade gold settled at Rs 51797 per 10 grams Silver also spurted by Rs 596 to Rs 69089 per kg from Rs 68493 per kg in the previous trade on industrial demand In the international market both gold and silver were trading flat at USD 1956 per ounce and USD 2554 per ounce respectively Gold prices traded steady with spot gold prices at COMEX trading at USD 1956 per ounce on Friday said Tapan Patel Senior Analyst Commodities HDFC Securities According to Navneet Damani Senior VP Commodities Research Motilal Oswal Financial Services Gold is on course for a third weekly gain in four as the Russia-Ukraine conflict escalated while the spike in oil prices this week increased demand for bullion as a safe-haven asset and an inflation hedge PTI SUM MR MR
New Delhi Feb 18 PTI Gold prices rose by Rs 77 to Rs 50037 per 10 grams in the national capital on Friday according to HDFC Securities In the previous trade the yellow metal settled at Rs 49960 per 10 grams Silver zoomed by Rs 379 to Rs 63869 per kg from Rs 63490 per kg in the previous trade Spot gold prices for 24 carat gold at Delhi were up by Rs 77 reflecting overnight gains in COMEX gold prices Tapan Patel senior analyst commodities at HDFC Securities said In the international market gold was trading 01 per cent lower at USD 1896 per ounce and silver was flat at USD 2394 per ounce PTI RUJ MR MR