Gold prices slipped as investors stayed on the sidelines awaiting US inflation data and the Federal Reserve's rate-hike decision
The bias for the remainder of December is likely to remain bullish as long as Gold futures trade above Rs 53,850. Meanwhile, near support for Silver is seen at Rs 67,500 - Rs 67,350 levels.
Higher interest rates tend to increase the opportunity cost of holding gold as it yields no interest
Silver prices fall by Rs 1,400 per kg, trading at Rs 67,600 today
This has acted as a magnet for investors, and led to a record number of equity-trading and demat accounts being opened
24-carat gold is trading at Rs 54,000 per 10 grams
Silver prices fall by Rs 500 per kg, trading at Rs 65,500 today
Silver prices fall by Rs 500 per kg, trading at Rs 66,000 today
Spot gold was up 0.4 per cent at $1,775.69 per ounce
Silver prices rise by Rs 1,300 per kg, trading at Rs 66,500 today
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
After underperforming for 2 yrs, silver has risen in line with benchmark indices but one should limit exposure to it to 5-10 per cent of portfolio
The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.
Silver prices remained unchanged today, trading at Rs 61,800 per kg