In New Delhi, the price of 22-carat gold is about Rs 46,800 per 10 gram, while price of 24-carat is retailing at Rs 48,000 today
In New Delhi, gold price today of 24-carat gold is Rs 47,450 per 10 grams, while 22-carat is retailing at Rs 46,250, up Rs 50 from the previous day
Gold price today of 22-carat gold in New Delhi is about Rs 45,100 per 10 gram, while in Chennai the price is at Rs 44,350. In Mumbai, it is Rs 44,740
The gold price today of 22-carat gold in New Delhi is about Rs 45,010 per 10 gram
The gold price today for 24-carat gold in New Delhi is Rs 47,700 per 10 gram
Investors booked white precious metal as an alternative to gold amid expectation of an spurt in demand with gradual opening up of economy from an eight-week nationwide lockdown
Huge stimulus provided by economies across the globe is likely to put more money in consumer's hands, due to which gold and silver prices may spurt further
Appreciating rupee restricts jump, global monetary easing to support gold further
Silver prices declined by Rs 65 to Rs 45,485 per kg against the previous close of Rs 45,550, HDFC Securities said
Speculators slashed their bullish positions in COMEX gold contracts in the week to Dec. 10
In global markets, both precious metals continued downward spiral
Globally, gold and silver were trading a shade higher at $1,517.30 and $16.96 an ounce
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
The ratio represents how much ounce of silver can be bought with one ounce of gold and it is a signal for measuring the relative strength of both the metals with each other
Silver prices went up sharply on Wednesday, following a rally in metals, led by aluminum and nickel. After the American sanctions on Russian oligarchs and a large aluminium mining company on April 5, metal prices were on fire and silver also outperformed gold during the period, albeit slower than base metals. Traders in the gold to silver price ratios have turned to silver; many physical market players have also built positions in silver. On the Multi Commodity Exchange, a bearish position in the gold:silver ratio is created by buying silver and selling gold in the proportion of the prevailing ratio at the time of betting.After imposition of sanctions, silver's price in the Mumbai market went up by almost six per cent to close on Thursday at Rs 40,160 a kg -- the rally since Wednesday was 2.3 per cent. Standard gold went up 1.5 per cent during the period but was almost stable from Wednesday, up only 0.1 per cent to close at Rs 31,290 per 10g.The ratio of the price of gold to silver, ..
In addition, a considerable fall in demand from jewellers and retailers at the domestic spot market put pressure on the prices
Gold held steady at Rs 30,850 per 10 gram in scattered deals
Silver reclaimed the Rs 39,000-mark due to speculative offtake amid heavy industrial demand