In a widely expected move, the Fed said it would start trimming its monthly asset purchases in November with plans to end them by mid-2022
The price of 10 grams of 24-carat gold across the nation was slashed by Rs 440, to Rs 47,410
Spot gold XAU= ease 0.4% to $1,780.30 per ounce by 0750 GMT. U.S. gold futures GCv1 fell 0.4% to $1,781.80.
In the previous trade, the precious metal had settled at Rs 46,791 per 10 grams
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,900 and Rs 47,130
India demand for gold in Q2 FY22 jumped 47% YoY to 139.1 tonnes, compared with 94.6 tonnes in the year-ago period. How will the year 2022 prove for gold? Is it a good time to buy? Let's find out
In the international market, gold was trading lower at USD 1,787 per ounce and silver declined marginally to USD 23.94 per ounce
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,200 and Rs 47,270, respectively
Gold prices edged lower, weighed down by an uptick in the dollar
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,000 and Rs 46,760
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,910 and Rs 46,660.
It comes as little surprise that gold executives have a bullish bullion outlook. But they don't often predict such a steep gain in so short a time
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,690 and Rs 46,460, respectively
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,600 and Rs 46,490.
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,450 and Rs 46,510
Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages
The demand for gold is likely to remain subdued this year following Covid-related disruptions that continues in India, the World Gold Council (WGC) said in a report
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,450 and 47,070.
In New Delhi, the price of 10 gm of 24-carat gold was Rs 50,540. In Chennai, it is trading at Rs 48,690