Gold prices on Friday increased by Rs 282 to Rs 50,638 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 282 or 0.56 per cent at Rs 50,638 per 10 gram in a business turnover of 10,471 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 1.08 per cent higher at USD 1,738.70 per ounce in New York.
Ten grams of 22-carat gold is trading at Rs 46,650 today after rising Rs 250
Fed fund futures are now pricing in a 85% chance of a 75-basis-point rate hike by the Fed at its Sept. 20-21 policy meeting
Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT
Gold prices on Thursday increased by Rs 40 to Rs 50,546 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 40 or 0.08 per cent at Rs 50,546 per 10 gram in a business turnover of 10,815 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 0.13 per cent higher at USD 1,730 per ounce in New York.
The price of silver dipped Rs 1,100 per kg with the metal trading at Rs 52,800
The U.S. dollar scaled a fresh 20-year peak, making greenback-priced gold less attractive for overseas buyers
Gold and silver rates rose in today's early trade with 10 gram of yellow metal (24-carat) trading at Rs 51,160
Spot gold was up 0.1% at $1,712.09 per ounce as of 1018 GMT. Prices hit a one-week high, rising nearly 1%, earlier in the session
In Mumbai and Kolkata, 24-carat gold is selling at Rs 51,000 per 10 gram
In Mumbai and Kolkata, 24-carat gold is selling at Rs 50,890 per 10 gram
Spot gold rose 0.8% to $1,710.29 per ounce by 1:45 p.m. ET (1745 GMT). Prices were still down 1.5% for the week
Spot gold rose 0.4% to $1,702.49 per ounce by 0801 GMT, but was down about 2% for the week so far
Euro zone inflation rose to a record high last month, solidifying the case for further aggressive rate hikes by the European Central Bank.
Spot gold fell 0.8% to $1,710.70 an ounce by 0956 GMT
Ten gram of 24-carat gold is trading at Rs 51,270 today
Spot gold was flat at $1,724.18 per ounce, as of 0541 GMT, trading close to a one-month trough hit on Monday. Bullion has lost 2.3% so far in August
Ten gram of 22-carat gold is trading at Rs 47,250 after an increase of Rs 100
Spot gold had fallen 0.2% to $1,734.69 per ounce by 0857 GMT after hitting a one-month low of $1,719.56 in the previous session
Gold and silver prices fell in early trade with 10 gram of yellow metal (24-carat) trading at Rs 51,430 after a decline of Rs 170