Bias for Silver futures likely to remain bullish, with near support seen at Rs 63,600 followed by Rs 62,500 level.
Ten grams of 22-carat gold is trading at Rs 49,450
22-carat gold was trading at Rs 49,250
In Delhi, 24-carat and 22-carat gold is trading at Rs 53,330, and Rs 48,800
In Delhi, 24-carat and 22-carat gold is trading at Rs 53,130, and Rs 48,700, respectively
Ten grams of 24-carat gold is selling at Rs 52,880 today
Ten grams of 24-carat gold is selling at Rs 52,980 today
The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.
Gold prices slipped, as a stronger US dollar made the greenback-priced metal more expensive for buyers holding other currencies
Silver prices remained unchanged today, trading at Rs 61,800 per kg
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,700, Rs 48,600, and Rs 49,250, respectively
Spot gold gained 0.2% to $1,758.41 per ounce by 0223 GMT, and was up 0.5% so far this week. U.S. gold futures rose 0.7% to $1,758.30
Silver prices increased by Rs 1,200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 62,200
Silver prices decreased by Rs 200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 61,000
Spot gold was flat at $1,739.90 per ounce by 0121 GMT
In Mumbai, Kolkata, and Hyderabad, ten grams of 24-carat gold is selling at Rs 52,750
Gold price in the national capital rose Rs 30 to Rs 52,731 per 10 grams on Tuesday amid appreciation in rupee, according to HDFC Securities. In the previous trade, the yellow metal had touched Rs 52,701 per 10 grams. Silver also climbed Rs 856 to Rs 61,518 per kilogram. The rupee appreciated 14 paise to 81.65 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. In the international market, gold was up at USD 1,741.95 per ounce while silver was trading higher at USD 21.05 per ounce. "COMEX gold is trading around USD 1,740 as the dollar edged lower and traders await the Federal Reserve's minutes due tomorrow for hints on the central bank's monetary policy tightening path," Dilip Parmar, Research Analyst at HDFC Securities, said.
In Mumbai, Kolkata, and Hyderabad, ten grams of gold (24-carat and 22-carat) are selling at Rs 52,920, and Rs 48,500
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai was Rs 48,800, Rs 48,650, and Rs 49,250, respectively
On the upside, the MCX Gold December futures can retest it's last week high of Rs 53,200.