'If there is a ceasefire or some sort of a deal, gold could drop fairly quickly,' said Edward Meir, analyst with ED&F Man Capital Markets
By Bharat Gautam
10 grams of 24-carat gold is selling at Rs 51,760 on Friday, while the price of 10 grams of 22-carat gold is Rs 47,450.
The dollar and Treasury yields eased a day after the Federal Reserve raised interest rates by a quarter percentage point, with investors having priced in an even stronger rate hike
Analysts have also said investors in safe-haven gold will continue to closely track political and economic risks posed by Russia's invasion of Ukraine, which has entered its fourth week
The price of ten gram of 24-carat gold decreased by Rs 300 on Thursday to Rs 51,600, while the rate of silver decreased by Rs 1,100 per kg to Rs 67,900
Spot gold was down 0.4% at $1,909.87 per ounce as of 10:59 ET (1459 GMT), after touching its lowest since March 1 at $1,903.59 earlier in the session
(Reuters) - Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike.
The price of ten gram of 24-carat gold decreased by Rs 500 on Wednesday to Rs 51,930, while the rate of silver decreased by Rs 1,000 per kg to Rs 69,000
In the international market, gold traded 1 per cent lower at $1,930 per ounce and silver was flat at $25.58 per ounce
Bullion has eased after rallying to within $5 of a record last week as Russia's invasion of Ukraine caused commodities to surge, threatening a combination of low growth and high inflation
The price of 10 grams of 24 carat gold on Tuesday is trading at Rs. 52,470 and 10 grams of 22 carat gold is selling at Rs. 48,100. Silver is trading at Rs. 70,000 per kg
The price of ten gram of 24-carat gold increased by Rs 10 on Monday to Rs 52,810, while the rate of silver increased by Rs 4,400 per kg to Rs 74,700
Spot gold was down 1.1% to $1,973.80 per ounce by 1531 GMT, but remained poised for a weekly rise of about 0.3% as concerns over the course of the Ukraine conflict kept investors on their toes
Spot gold was down 0.3% at $1,991.20 per ounce by 1050 GMT, but remained poised for a weekly rise of about 1.2%. U.S. gold futures were down 0.1% at $1,997.70.
Gold tumbled Rs 200 to Rs 53,033 per 10 grams in the national capital on Friday in line with weak international precious metal prices, according to HDFC Securities.
The price of ten gram of 24-carat gold decreased Rs 1,750 on Friday to Rs 52,580, while the rate of silver decreased by Rs 1,800 per kg to Rs 69,400
The price of ten gram of 24-carat gold increased by Rs 440 on Thursday to Rs 54,330 while the rate of silver increased by Rs 1,200 per kg to Rs 71,200.
Spot gold were steady at $1,992.37 per ounce by 1544 GMT, after tumbling as much as 3% on Wednesday. US gold futures inched up 0.5% to $1,998.60
The foreign ministers of Russia and Ukraine met on Thursday in Turkey, the highest level contact between the two countries since the war began on February 24