Gold bounced back from a three-week low hit in the previous session, as the US dollar and Treasury yields eased, while President Biden's $2 trillion-plus jobs plan further supported the metal's appeal
In New Delhi, the price of 22-carat gold is at Rs 43,250 per 10 gm, while in Chennai it fell to Rs 41,740
Gold prices fell to their lowest in more than three weeks as elevated US Treasury yields and a rising dollar kept the metal on track for its biggest quarterly drop in over four years
The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.
Gold prices slipped on Tuesday, around a more than two-week low hit in the previous session, pressured by a stronger US dollar and higher Treasury yields on optimism around a quick economic recovery
The dollar index held firm near four-month highs against its rivals, making gold more expensive for holders of other currencies
In New Delhi, the gold price of 22-carat gold is at Rs 44,150 per 10 gm, while in Chennai it fell to Rs 42,350
Gold prices rose on Thursday as surging Covid-19 cases across Europe fuelled economic growth concerns, although a strong US dollar checked gains in bullion
This is in line with the company's expansion plan to triple its retail network from over 250 showrooms this year to 750 outlets by 2023
Gold prices eased on Wednesday, as the dollar touched a more than two-week high after US Federal Reserve Chair Jerome Powell reassured Congress that inflation would not spiral out of control
In New Delhi, the price of 22-carat gold slipped to Rs 44,050 per 10 gm, while in Chennai it fell to Rs 42,280
In New Delhi, the price of 22-carat gold slipped to Rs 44,200 per 10 gm, while in Chennai it fell to Rs 42,120
Gold in the international market dropped 0.9 per cent to $1,729.60 an ounce on Monday
Spot gold was down 0.8% to $1,731.38 per ounce by 1052 GMT
Gold in the national capital tumbled by Rs 302 to Rs 44,269 per 10 grams on Monday, reflecting overnight decline in global gold prices and rupee appreciation
Gold slipped as investors opted for safe-haven assets such as the dollar and bonds after Turkey's abrupt decision to replace central bank head with a critic of high interest rates sparked uncertainty
In New Delhi, the price of 22-carat gold slipped to Rs 44,390 per 10 gm, while in Chennai it fell to Rs 42,490
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes
The benchmark U.S. 10-year yield eased after climbing more-than-one-year peak of 1.754% on Thursday
Gold prices fell as the dollar held onto its gains from the previous session on the back of rising US Treasury yields, while the Fed's forecast of a strong economic rebound further pressured the metal