Gold extended losses after posting its biggest drop in a month in the previous session, as a stronger dollar dented bullion's appeal
Spot gold was down 0.1% at $1,777.46 per ounce, as of 0054 GMT, after hitting its lowest since Aug. 8 at $1,772.30 on Monday
Spot gold slid 1.3% to $1,778.35 per ounce by 11:16 ET, having hit its lowest since Aug. 8 earlier in the session. U.S. gold futures dropped 1.2% to $1,794.20.
In Mumbai, and Kolkata, 24-carat gold was selling at Rs 52,530 per 10 gram
Spot gold was down 0.4% at $1,794.78 per ounce, as of 0352 GMT, after rising about 1.6% last week. US gold futures fell 0.3% to $1,810.
Gold prices went up in Saturday's early trade by Rs 440 as 10 gram of the yellow metal (24-carat) is trading at Rs 52,090
Gold prices were flat on Friday, weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes
Spot gold fell 0.1% to $1,789.83 per ounce by 1741 GMT
Spot gold fell 0.3% to $1,786.71 per ounce by 0852 GMT, after hitting its highest since July 5 at $1,807.79 on Wednesday.
US consumer prices did not rise in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years
The price of silver declined by Rs 300 per kg to Rs 58,700 per kg
US consumer prices did not rise in July, due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years
Gold became dearer in today's early trade by Rs 440 per 10 gram as the yellow metal (24-carat) is trading at Rs 52,310
LONDON (Reuters) - Oil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.
(Reuters) - Gold consolidated in a narrow range on Tuesday, buoyed by a softer dollar but held back as investors refrained from big bets until the release this week of U.S. inflation data expected to influence the pace of interest rate hikes.
10 gram of 22-carat gold traded at Rs 47,550 on Tuesday
Spot gold rose 0.5% to $1,783.62 per ounce by 10:02 ET (1402 GMT). U.S. gold futures edged 0.5% higher to $1,799.60.
Spot gold steadied at $1,773.82 per ounce by 0900 GMT, after dropping 1% in the previous session. U.S. gold futures fell 0.1% to $1,789.40.
This week, the MCX Gold October futures could consolidate in the range of Rs 51,150 to Rs 52,870; Silver futures need to break above Rs 58,835 for gaining strength.
Gold prices were flat on Monday after solid US jobs report last week boosted the prospect of aggressive interest rate hikes by the Federal Reserve