Spot prices beat a sharp retreat from a near two-month peak of $1,965.33 hit earlier in the session amid a weaker dollar
Gold fell as the dollar strengthened after US President Donald Trump grabbed an early lead in the key state of Florida
Unprecedented global stimulus, negative real rates and a weakening dollar pushed bullion to a record high above $2,075 an ounce in early August
In New Delhi, the price of 22-carat gold remained at Rs 49,600 per 10 gram, and in Chennai it jumped to Rs 48,860
Gold price rose by Rs 418 to Rs 52,963 per 10 grams in the national capital on Tuesday following a rally in the yellow metal in the international market, according to HDFC Securities.
Spot gold advanced 0.6 per cent to $1,941 an ounce at 12:28 p.m. in Singapore. On Thursday, prices slumped as much as 2.3 per cent after rising 1.1 per cent
Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year, according to a Bloomberg News calculation
Spot gold was up 0.3% at $1,947.83 per ounce by 0503 GMT. Gold is up 0.2% so far this week, having shed 4.5% in the week to Aug. 14, its worst in five months
The move will help track the movement of gold to help plug tax evasion and smuggling amid rising prices and subdued GST collections
Experts say those who missed the rally or want to add more gold to their portfolios should buy on dips
Reports say retail consumers are selling their gold globally to make ends meet as they've remained jobless for months now due to economic slowdown caused by the Covid-19 pandemic
Move may see country emerge from price taker to price setter in bullion; all exchanges with F&O trading in bullion current offering LBMA -approved gold and silver for delivery
The gold price today of 22-carat gold in New Delhi is about Rs 45,010 per 10 gram
Gold price today for 24-carat gold in New Delhi is at Rs 46,650 per 10 gram. Gold rate in Chennai is Rs 48,830 and Mumbai Rs 46,000
The gold price today for 24-carat gold in New Delhi fell to Rs 46,650 from Rs 47,150 per 10 gram. Gold rate in Chennai is Rs 48,780 and Mumbai Rs 46,900
The gold price today for 24-carat gold in New Delhi fell to Rs 47,150 from Rs 47,700 per 10 gram. Gold rate in Chennai is Rs 49,170 and Mumbai Rs 46,950
The gold price today for 24-carat gold in New Delhi is Rs 47,700 per 10 gram
The gold price today for 24-carat gold in New Delhi is Rs 47,300 per 10 gram. Gold rate in Chennai is Rs 48,790
The gold price today for 24-carat gold in New Delhi is Rs 47,810 per 10 gram
The gold jewellery prices vary across India - the second largest consumer of the metal - due to excise duty, state taxes and making charges