Stay updated with the latest bullion news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on bullion topics.
Mumbai Gold Rate Today: There was a sharp revival in the prices of gold in Mumbai on Friday, October 31, as the precious metals remained volatile, influenced by geopolitical developments. The rebound in gold prices has come after nearly two week long decline in gold rates. Despite Friday's jump, gold prices continue to hover in bearish territory and can offer an attractive buying opportunity for investors. Here are all the details about gold rate in Mumbai today. Mumbai Gold Rate Today The pr ...Read More >
New Delhi, Oct 30 (PTI) Gold prices fell by Rs 1,000 to Rs 1,23,400 per 10 grams in the national capital on Thursday amid a firm dollar after the Federal Reserve hinted at a slower pace of rate cuts and progress in US-China trade talks. The precious metal of 99.5 per cent purity depreciated by Rs 1,000 to Rs 1,22,800 per 10 grams (inclusive of all taxes) from Wednesday's close of Rs 1,23,800 per 10 grams, according to the All India Sarafa Association. In the local bullion market, gold of 99.9 ...Read More >
Mumbai: The Multi Commodity Exchange of India (MCX) on Monday launched options contracts on its MCX iCOMDEX Bullion Index (MCX BULLDEX), giving investors a new way to trade and manage risk in the fast-rising gold and silver markets. The options contracts became effective today (October 27). The MCX BULLDEX index is made up of the highly traded and liquid gold and silver futures on the exchange.By combining both metals, the index offers market participants -- including investors and institutions ...Read More >
New Delhi: Gold prices in the Indian bullion market are fluctuating these days, leaving every customer in a state of confusion. Gold prices fell on the first day of the trading week, offering some relief ahead of the wedding season. If customers are planning a purchase, don't delay. We're going to tell you about the price of gold, which will put an end to all your confusion. The price of 24-carat gold fell on Monday evening, the first day of the trading week, compared to Friday, the last day of ...Read More >
New Delhi: Gold and silver fell sharply in the futures market on Monday, tracking weakness in global bullion markets as growing optimism over a potential US-China trade deal and a strong dollar weighed on the safe-haven asset. On the Multi Commodity Exchange (MCX), gold futures for December delivery dropped by Rs 1,546, or 1.25 per cent to Rs 1,21,905 per 10 grams in a business turnover of 12,428 lots. The yellow metal lost Rs 3,557, or 2.80 per cent, during the holiday-shortened week. "Gold ...Read More >
NEW DELHI, Oct 26: Gold prices are likely to consolidate in the coming week as investors brace for major global events, including the US Federal Reserve's policy meeting, the Trump-Xi summit in South Korea, and the European Central Bank's policy review, analysts said. After a 10-week rally, gold turned negative, falling 2.8 per cent on the MCX due to profit-booking, weaker physical demand in India and China, and a stronger US dollar. On Comex, gold futures slipped 1.8 per cent, with a sharp 6 ...Read More >
Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,24,360, according to the GoodReturns website. The price of silver stumbled ₹100, with one kilogram of the precious metal selling at ₹1,54,900. The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,990. The price of ten grams of 24-carat gold stood at ₹1,24,360 in Mumbai, Kolkata, and Chennai. In Delhi, the ...Read More >
New Delhi, Oct 24 (SocialNews.XYZ) Gold ended a nine-week winning streak this week, with a sharp correction as the market reassessed a rally that had pushed prices into overbought territory. The price of 24-carat gold (10 grams) ended at Rs 1,22,419 on Friday, down from Rs 1,23,827 from its previous close, according to data published by the India Bullion and Jewellers Association (IBJA). Spot gold fell 0.3 per cent to close at $4,113.05 an ounce in New York, resulting in a weekly loss of appro ...Read More >
NEW DELHI: Gold ended a nine-week winning streak this week, with a sharp correction as the market reassessed a rally that had pushed prices into overbought territory. The price of 24-carat gold (10 grams) ended at Rs 1, 22, 419 on Friday, down from Rs 1, 23, 827 from its previous close, according to data published by the India Bullion and Jewellers Association (IBJA). Spot gold fell 0.3 per cent to close at $4, 113.05 an ounce in New York, resulting in a weekly loss of approximately 3.3 per ce ...Read More >
New Delhi, Oct 24 (PTI) Gold prices tanked to Rs 1,25,600 per 10 grams in the national capital on Friday amid weak trends in the international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,32,400 per 10 grams on October 18. Gold of 99.5 per cent purity slumped to Rs 1,25,000 per 10 grams (inclusive of all taxes). It had settled at Rs 1,31,800 per 10 grams on Saturday. In the local bullion market, silver prices also tumble ...Read More >
Mumbai, Oct 24 (SocialNews.XYZ) India's foreign exchange reserves rose by $4.5 billion to $702.3 billion for the week ended October 17, mainly driven by an increase in the value of gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday. India's gold reserves held by the RBI as part of the country's foreign exchange reserves surged by $6.2 billion to surpass the $108.5 mark for the first time on the back of a sharp rise in the price of the precious metal and incre ...Read More >
CHENNAI: Amid a pause from its week-long breakneck climb, the price of 22-carat gold has yet again increased in Chennai by Rs 320 per sovereign on Friday (Oct 24). A sovereign (1 sovereign = 8 gram) now costs Rs 92,320. Accordingly, the per-gram rate increased by Rs 40 to Rs 11,540. On October 23, a day earlier, gold fell by Rs.320 to Rs 92,000 per sovereign (Rs 11,500 per gram). On October 22, gold fell by Rs 2,400 to Rs 93,600 per sovereign (Rs 11,700 per gram). Later that afternoon, it plun ...Read More >
[BENGALURU] Gold prices rose on Friday (Oct 24), supported by lingering geopolitical worries and US-China trade tensions, as investors awaited key US inflation data due later in the day for further cues on the interest rate path. Spot gold was up 0.3 per cent at US$4,138.52 per ounce, as at 9.20 am. However, bullion was on track for its worst week since May, down 2.7 per cent so far this week. US gold futures for December delivery rose 0.2 per cent to US$4,152.30 per ounce. US President Donal ...Read More >
MUMBAI: Thanks to sharp corrections in price of silver recently, the price of exchange traded funds (ETFs) units on the white metal on domestic bourses have started trading at substantial discounts to spot prices. ETF rates are now down about 15-25% from their respective peaks recorded last week.Consider this: Silver BEES ETF, one of the biggest ETFs on the white metal in India was down 2.3% at Rs 142 on Thursday and was down 21% from its all-time peak of Rs 180. ICICI Prudential Silver ETF, ano ...Read More >
CHENNAI: The price of 22-carat gold in Chennai dropped once again by Rs 320 per sovereign on Thursday (Oct 23), reaching Rs 92,000 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate rose by Rs 40 to Rs 11,500. A day earlier, on October 22, the price of 22-carat gold fell by Rs 2,400, reaching Rs 93,600 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate dipped by Rs 300 to Rs 11,700. In the afternoon, the price of gold dipped again by Rs 1280 per sovereign, re ...Read More >
Silver is shining brighter than ever this Diwali, hitting record highs above Rs. 1,70,000/kg. With FOMO-driven demand and AMCs pausing Silver FoFs' inflows, can Silver touch Rs. 2,00,000/kg? As the festive lamps light up homes across India, another bright metal is stealing the limelight, Silver. The glittering metal, often overshadowed by its golden cousin, has now become the talk of every trader's chatroom, jeweller's counter, and investor's mind. The price of Silver has rallied to an all-tim ...Read More >
Mumbai, October 22: Gold prices on Wednesday, October 22, witnessed a dip after recording a historic rally earlier this month, as investors booked profits ahead of key US inflation data due later this week. MCX data showed gold futures for December delivery trading at INR 1,28,000 per 10 grams, down INR 271 or 0.21% from the previous close, while silver futures fell to INR 1,50,000 per kilogram. The recent pullback follows gold's all-time high of USD 4,381.21 per ounce, reflecting market caution ...Read More >
Gold and silver prices saw a dip on Tuesday after reaching record highs. This profit booking occurred even as jewellery sales during Dhanteras experienced a significant jump of 35-40 percent across India. Silver ETFs also corrected sharply. Despite the short-term price fall, festive demand for gold and silver remains robust, with strong sales expected throughout the extended festive period. Mumbai, Gold and silver prices fell on Tuesday as investors booked profits after both metals hit record h ...Read More >
Gold and silver futures opened with strong gains on the Multi Commodity Exchange (MCX) this Diwali, reflecting firm global cues and robust seasonal demand. The December futures contract for gold opened at Rs 1,28,134 per 10 grams, up Rs 1,126 or 0.89%, while silver surged Rs 1,996 or 1.27% to trade at Rs 1,58,600 per kilogram. The uptick in precious metals comes after international markets posted a steady recovery, with spot gold and silver inching higher following last week's volatility. Dome ...Read More >
Mumbai: Gold and silver prices fell on Tuesday as investors booked profits after both metals hit record highs in the previous session, even as festive jewellery sales during Dhanteras jumped 35-40 per cent across India. Silver Exchange Traded Funds (ETFs), which had delivered stellar one-year returns of around 65-70 per cent, also saw a sharp correction as global prices cooled following improved physical supply and easing safe-haven demand. Silver had turned hot earlier this month when global s ...Read More >
Mumbai, Oct 21 (SocialNews.XYZ) Gold and silver prices fell on Tuesday as investors booked profits after both metals hit record highs in the previous session, even as festive jewellery sales during Dhanteras jumped 35-40 per cent across India. Silver Exchange Traded Funds (ETFs), which had delivered stellar one-year returns of around 65-70 per cent, also saw a sharp correction as global prices cooled following improved physical supply and easing safe-haven demand. Silver had turned hot earlier ...Read More >
MUMBAI: The trading for Samvat year 2081 that ended on Monday was marked by high volatility with geopolitical issues and rate cuts across the world taking centre stage. As uncertainty increased, across the world, investors eyed haven assets like gold and silver, and drove their prices to all-time peaks. Since last Diwali, the start of the Samvat year 2081, both the precious metals have gained nearly 60%.On the domestic front, all though the sensex and Nifty went up only marginally, Dalal Street ...Read More >
Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Industry executives said the deman ...Read More >
New Delhi, Oct 19: Gold prices are expected to witness some consolidation and mild correction next week as the recent record-breaking rally looks overstretched and physical demand eases after the festive rush, analysts said. After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global data releases, and remarks from Federal Reserve officials ahead of the October 28-29 policy meeting, they added. "Gold price ...Read More >
Dhanteras trade in India is expected to surge past Rs 1 lakh crore. Gold and silver sales alone could reach over Rs 60,000 crore nationwide. Consumers bought gold, silver, utensils, electronics, and vehicles. Delhi's bullion markets saw a 25 percent rise in sales compared to last year. Reductions in GST rates and the 'Swadeshi Aapnao' campaign boosted festive trade. The Confederation of All India Traders (CAIT) has estimated that trade across India on the occasion of Dhanteras is expected to cr ...Read More >
MUMBAI, Oct 19 -- Soaring gold prices led Indian buyers to choose coins and bars over jewellery during the Dhanteras festival yesterday, fuelled by hopes that the precious metal's glittering rally would continue, industry officials told Reuters. Dhanteras, which marks the start of the five-day Diwali festival of lights, is considered auspicious for buying gold and is one of the busiest gold-buying days in the world's second-biggest consumer of the metal. Overall gold sales during Dhanteras wer ...Read More >
Hyderabad: Gold and silver prices may be reigning close to their all-time highs of over 1.3 lakh/10 gm (999 purity, including GST) and over 1.7 lakh/kg, respectively, but price seems to be no bar for precious metal lovers this Dhanteras.All thanks to massive returns of over 65% given by the yellow metal in just one year and silver also shining bright with over 80% returns since last Dhanteras. "The overall sentiment is very positive despite rising prices. Both gold and silver are being purchased ...Read More >
Panaji: A significant correction in international bullion prices brought back the sparkle on Dhanteras, encouraging hesitant customers to invest in gold on Saturday. Jewellers in the state, who had expected a subdued Diwali, were pleasantly surprised by the strong buying interest.The higher-than-expected footfall was driven by the sharp drop in gold prices on Friday on the Multi Commodity Exchange (MCX). After weeks of rising valuations, both gold and silver prices saw a steep correction. The pr ...Read More >
New Delhi: As Diwali draws near, gold prices have surged to a new high, driven by growing global uncertainties. Factors like rising trade tensions and weakening economic data have made investors turn to gold as a safe haven, boosting demand just in time for the festive season. In the past month, gold prices have risen by Rs 20,073 per 10 grams (an 18 per cent increase), driven by strong festive demand. With Diwali just around the corner, even small dips in prices are met with active buying. Sin ...Read More >
HYDERABAD: As Hyderabad gears up to celebrate the festival of wealth, Dhana Trayodashi or Dhanteras, on Saturday, jewellers expect up to a 30 per cent decline in sales over last because of skyrocketing gold prices, which hit the stratospheric level of ₹1,34,550 per 10 grams. From Hyderabad to Secunderabad, jewellery outlets have decorated since last week, featuring glitzy advertisements with models and film stars and offering lucrative discounts on making charges. Yet, despite the visual appeal ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.