The gold price today for 24-carat gold in New Delhi fell to Rs 47,150 from Rs 47,700 per 10 gram. Gold rate in Chennai is Rs 49,170 and Mumbai Rs 46,950
The gold price today for 24-carat gold in New Delhi is Rs 47,700 per 10 gram
The gold price today for 24-carat gold in New Delhi is Rs 47,510 per 10 gram. Gold rate in Chennai is Rs 49,160 and Mumbai Rs 47,010
The gold price today for 24-carat gold in New Delhi is Rs 47,300 per 10 gram. Gold rate in Chennai is Rs 48,790
Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310
Retail buyers stay away despite price fall; Silver sheds 5%
On Tuesday, the precious metal had closed at Rs 43,228 per 10 gram. Silver prices also jumped Rs 1,198 to Rs 47,729 per kg from Rs 46,531 per kg in the previous trade.
The precious metal had closed at Rs 43,435 per 10 gram in the previous trading session
The yellow metal had closed at Rs 44,503 per 10 gram in the previous trading session
Even as the number of new coronavirus cases in China slowed, new research suggesting the virus was more contagious than previously thought added to the alarm
The price of silver, too, jumped to ~46,165 a kg on Monday
European markets rebounded early after the previous day's thumping, while the U.S. dollar rose to a near two-month high
Government support may help the industry to mark growth in 2020, compared to decline in 2019
Crude oil and silver follow suit, metals recover on LME following China's favourable trade policy
Silver also witnessed increased buying as it surged Rs 1,105 to Rs 49,430 per kg from Rs 48,325 per kg in the previous trade
Similarly, silver prices also jumped Rs 960 to Rs 48,870 per kg from Rs 47,910 per kg in the previous trade
The metal has risen by as much as 24% in 2019, while silver is up 22%
The rupee's weakness against the dollar, however increased cost of imports, pushing consumers from buying gold unless necessary.
Spot gold was up 0.3% at $1,489.75 per ounce by 1233 GMT, having earlier hit $1,492.79, its highest since November 6
Silver also zoomed Rs 943 to Rs 47,146 per kg compared to the previous close of Rs 46,203 per kg