Page 5 - Precious Metals

Gold prices rise Rs 282 to reach Rs 50,638 per 10 grams in futures trade

Gold prices on Friday increased by Rs 282 to Rs 50,638 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 282 or 0.56 per cent at Rs 50,638 per 10 gram in a business turnover of 10,471 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 1.08 per cent higher at USD 1,738.70 per ounce in New York.

Gold being imported under disguise of platinum to gain from lower duty

This issue of importing gold disguised as platinum has come to light in the past few weeks, said a source in the know

Gold, other precious metals slump as dollar hits fresh five-week high

Extending losses into a sixth session, spot gold was down 0.7% to $1,736.03 per ounce by 11:23 a.m. EDT (1523) GMT after hitting its lowest level since July 27 earlier in the session.

Gold imports up 6.4% to $13 billion in April-July this fiscal year

The imports stood at USD 12 billion during the same period a year ago

Gold prices fall by Rs 764 per 10 gm; silver by Rs 1,500 per kg

The precious metal had closed at Rs 53,111 per 10 grams in the previous trade

Precious metals fall as dollar firms, gold hits its lowest since Aug 8

Spot gold slid 1.3% to $1,778.35 per ounce by 11:16 ET, having hit its lowest since Aug. 8 earlier in the session. U.S. gold futures dropped 1.2% to $1,794.20.

On the slide this year, silver likely to see some recovery: Experts

The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth

Gold, silver remain unchanged for 2nd day; yellow metal trades at Rs 51,870

10 gram of 22-carat gold traded at Rs 47,550 on Tuesday

Gold falls on global cues, rupee appreciation; silver drops by Rs 223

The precious metal had closed at Rs 52,142 per 10 grams in the previous trade

Angola: Rare pink diamond may be the largest one found in 300 years

The 170-carat stone from the Lulo alluvial mine has been named the "Lulo Rose"

Gold prices down below 50K, a first in 5 months; silver falls to Rs 55,130

In India, the fall has been less steep due to the recent import duty hike on the yellow metal

Gold, silver prices down; yellow metal trading at Rs 50,950 per 10 gram

The price of silver fell by Rs 6,100 per kg from the previous day's closing price, with the metal selling at Rs 56,400 on Thursday

Gold prices flat as lofty US dollar smothers appeal amid likely rate hike

Spot gold held its ground at $1,741.84 per ounce at 0531 GMT. U.S. gold futures dipped 0.1% to $1,740.10

Gold, silver prices fall; yellow metal trading at Rs 51,000 per 10 gram

Silver is trading at Rs 59,400 per kg

Gold trading at Rs 51,980 per 10 gram; Silver down by Rs 300 per kg

In Delhi, Kolkata, and Bangalore, 10 gram of 24-carat gold is trading at Rs 51,980

Gold prices set for worst quarter since early 2021 as dollar dominates

Spot gold was flat at $1,817.01 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90

Gold prices buoyed by lower US bond yields, possible fed rate hike

Spot gold was up 0.1% at $1,821.57 per ounce by 0254 GMT. U.S. gold futures firmed 0.1% at $1,823.10

Gold, silver prices rise; yellow metal trading at Rs 51,980 per 10 gm

A kg of silver is trading at Rs 60,300 on Tuesday

Gold ekes out gains as recession fears mount, treasury yields retreat

Spot gold rose 0.3% to $1,842.85 per ounce by 1411 GMT. U.S. gold futures inched 0.4% higher to $1,845.20

Gold gains 1% as dollar, Treasury yields ease as Fed verdict looms

Spot gold climbed 0.9% to $1,824.80 per ounce by 1002 GMT while U.S. gold futures rose 0.8% to $1,827.30