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
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,700, Rs 48,600, and Rs 49,250, respectively
Silver prices increased by Rs 1,200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 62,200
Silver prices decreased by Rs 200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 61,000
In Mumbai, Kolkata, and Hyderabad, ten grams of 24-carat gold is selling at Rs 52,750
Gold price in the national capital rose Rs 30 to Rs 52,731 per 10 grams on Tuesday amid appreciation in rupee, according to HDFC Securities. In the previous trade, the yellow metal had touched Rs 52,701 per 10 grams. Silver also climbed Rs 856 to Rs 61,518 per kilogram. The rupee appreciated 14 paise to 81.65 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. In the international market, gold was up at USD 1,741.95 per ounce while silver was trading higher at USD 21.05 per ounce. "COMEX gold is trading around USD 1,740 as the dollar edged lower and traders await the Federal Reserve's minutes due tomorrow for hints on the central bank's monetary policy tightening path," Dilip Parmar, Research Analyst at HDFC Securities, said.
In Mumbai, Kolkata, and Hyderabad, ten grams of gold (24-carat and 22-carat) are selling at Rs 52,920, and Rs 48,500
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai was Rs 48,800, Rs 48,650, and Rs 49,250, respectively
On the upside, the MCX Gold December futures can retest it's last week high of Rs 53,200.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,800, Rs 48,650, and Rs 49,500, respectively.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,910, Rs 48,810, and Rs 49,510, respectively.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,950, Rs 47,860, and Rs 49,410, respectively.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively
The price of ten grams of 22-carat gold in Delhi and Chennai is Rs 48,360 and Rs 48,930, respectively.
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.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 46,940, Rs 46,840, and Rs 47,570, respectively