In New Delhi, the gold price of 22-carat gold is at Rs 49,070 per 10 gm, while in Chennai it fell to Rs 48,150
Brent crude, too, rose in line with the broader financial market and its futures reached $53.33 a barrel, the highest since March 2020
Gold started 2021 on a high by notching an eight-week peak after surpassing the key $1,900 level, as a surge in Covid and prospects of tougher control measures lured investors to the safe-haven metal
Bullion hit a record in August as investors feared an unprecedented wave of stimulus by central banks and governments would lead to currency debasement and inflation
In New Delhi, the price of 22-carat gold is at Rs 48,850 per 10 gm, while in Chennai it fell to Rs 47,240
Gold prices fell on Thursday as hopes for an economic recovery next year increased risk appetite, although the precious metal was set to wrap up the year with its best performance in a decade
In New Delhi, the gold price of 22-carat is at Rs 48,850 per 10 gm, while in Chennai it fell to Rs 47,120
Gold inched higher on Wednesday as the dollar eased, while investors weighed a top US Republican leader's decision to postpone a vote on increased pandemic relief payments
In New Delhi, the gold price of 22-carat is at Rs 48,810 per 10 gm, while in Chennai it fell to Rs 47,160
Gold inched higher on Tuesday as a softer dollar underpinned the metal, with market participants looking forward to a US Senate vote on increased pandemic aid
In New Delhi, the gold price of 22-carat is at Rs 48,790 per 10 gm, while in Chennai it fell to Rs 47,310
As global economies passed through one of their worst phases because of Covid, investors sought refuge in safe-haven assets, such as gold
A sharp turn in global monetary policies that led to a low interest rate scenario and unprecedented liquidity, which began in mid-2019, gave a boost to gold price
The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday.
Benchmark copper on the London Metal Exchange (LME) traded up 0.5 per cent at $7,784.50 a tonne in official rings, nearing Friday's peak of $8,028, its highest since 2013
Spot gold was up 0.1% at $1,860.81 per ounce by 1250 GMT, while U.S. gold futures fell 0.3% to $1,864.60 per ounce.
Spot gold rose 0.3% to $1,865.01 per ounce by 0333 GMT, while US gold futures were steady at $1,869.80
More than 16 million Britons are now required to stay at home after a full lockdown came into force in London
Silver imports during April-November 2020 too dipped 65.7 per cent to about $752 million
In New Delhi, the gold price of 22-carat is at Rs 48,760 per 10 gm, while in Chennai it jumped to Rs 46,950