Gold prices have risen about 2.3% this week in what would be their second straight weekly gain
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
Gold prices slipped, as a stronger US dollar made the greenback-priced metal more expensive for buyers holding other currencies
The airport customs preventive officers, seized 1849 grams of gold jewellery worth over 94 lakhs from two passengers at the IGI Airport, the Customs department informed
Lower rates tend to lift the appeal for bullion in comparison with other interest-bearing assets
Gold price in the national capital declined Rs 408 to Rs 52,847 per 10 grams on Monday amid a fall in prices of precious metal in overseas markets, according to HDFC Securities. In the previous trade, the yellow metal had settled at Rs 53,255 per 10 grams. Silver also dropped by Rs 594 to Rs 61,075 per kilogram. In the international market, gold was trading in red at USD 1,745.5 per ounce while silver was down at USD 20.83 per ounce. "COMEX gold edged lower in Asia as a gauge of the dollar index gained. Market participants are waiting for fresh clues about the course of the Federal Reserve's monetary policy tightening path after the previous week's hawkish comment from Fed members," said Dilip Parmar, Research Analyst at HDFC Securities.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 48,160, Rs 48,050, and Rs 49,700, respectively
One-year returns, however, better than most equity, debt funds
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 48,350, Rs 48,250, and Rs 48,920, respectively
The latest decline in the reserves was primarily on account of a fall in the RBI's gold reserves, which fell by $705 million to 37.06 billion
Silver prices fell by Rs 300 in Thursday's early trade, with 1 kg of silver trading at Rs 61,400
The price of 10 grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 47,460, Rs 47,410, and Rs 48,150, respectively.
Bullion prices hit a three-week peak in the previous session, buoyed by a weaker US dollar
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,160, Rs 47,060, and Rs 47,710, respectively.
The price of 10 grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 46,240, Rs 46,140, and Rs 47,160, respectively.
The reserves had increased by 100 tonnes in the last two years; currently stand at 785.35 tonnes
Gold prices were flat on a firmer dollar, although the bullion was anchored in a narrow range with investors awaiting further guidance on US Federal Reserve's policy tightening
Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume
In Mumbai, Delhi and Kolkata, 1 kg of silver is selling at Rs. 56,400, while in Chennai, Bengaluru and Hyderabad, 1 kg of silver is selling at Rs 61,800