The price of 10 grams of 24 carat gold in Banglore and Hyderabad is at par with the price of 24-carat-gold in Delhi, Mumbai and Kolkata i.e., Rs 53,780, while the price of 22-carat gold is Rs 49,300
In the international market, gold was trading higher at USD 1,952 per ounce and silver was flat at USD 24.45 per ounce
Spot gold was down 0.4% at $1,950.61 per ounce, as of 0502 GMT. U.S. gold futures were down 0.1% at $1,953.00
By Bharat Gautam
The price of 10 gram of 24-carat gold in Bangalore and Hyderabad is on par with the price of 24-carat gold in Mumbai and Delhi i.e. Rs 53,620
Spot gold was down 0.3% at $1,944.06 per ounce, as of 0430 GMT, after hitting its lowest since April 11. U.S. gold futures fell 0.7% to $1,944.80
Spot gold fell 1.3% to $1,953.19 per ounce by 02:30 p.m. ET (1830 GMT). U.S. gold futures settled down 1.4% at $1,959
Gold is trading below $1,998.10, a more than one-month high hit on Monday, as the dollar index scaled an over two-year peak on elevated US Treasury yields
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Spot gold was up 0.8% at $1,989.65 per ounce, as of 0723 GMT, hitting its highest since March 11. U.S. gold futures were up 0.9% at $1,993.40
Spot gold was up 0.5% at $1,984.58 per ounce, as of 0202 GMT, hitting its highest since March 14. U.S. gold futures were up 0.7% at $1,987.70
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion
Gold has gained about 1.4% so far in the week. Most markets will be closed on Friday for a holiday
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
U.S. consumer price index data for March is due on Tuesday, with traders expecting further rises due to the impact of the war in Ukraine on energy costs
MCX Gold may rally to Rs 53,570 on the upside; break and sustained trade above Rs 52,250 to add momentum.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
IBJA has also suggested to the govt to create a notional entity wherein all GST is immediately refunded by the govt to the trader as soon as gold is deposited in the vault