Budget 2020

Gold declines ₹ 317 on muted global trends

Gold dipped ₹ 317 to ₹ 46,382 per 10 grams in the national capital on Wednesday, in line with a decline in the yellow metal’s prices overseas, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹ 46,699 per 10 grams. In contrast, silver jumped ₹ 2,328 to ₹ 70,270 […]

Budget 2020

How gold, silver, platinum performed during the week ending April 29, 2021

The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) Improving global economic outlook and profit booking, triggered by its rally to two months […]

Budget 2020

Gold rate today: Yellow metal trades flat, silver tops Rs 70,000

NEW DELHI: Gold prices were almost flat on Wednesday, as concerns over possibility of a higher US interest rates countered a subdued dollar, while palladium held firm after scaling a record high in the previous session. The gain in US treasury yields over the comments of rate hikes from Treasury secretary Jennet Yellen pressured gold […]

Budget 2020

Gold rate today: Yellow metal trades lower, silver near Rs 70,800

NEW DELHI: Gold and silver futures prices dropped lower up on Tuesday, as a stronger dollar and optimistic comments from US Federal Reserve Chairman Jerome Powell on the economy weighed on the metal’s safe-haven appeal. The dollar index was up 0.1 per cent against its rivals, making gold more expensive for other currency holders. The […]

Budget 2020

Gold plunges by ₹ 505, silver declines by ₹ 828

Gold prices plunged by ₹ 505 to ₹ 46,518 per 10 gram in the national capital on Wednesday following a fall in the global metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹ 47,023 per 10 gram. In-tandem with weak gold prices, silver also declined by ₹ […]

Budget 2020

Gold falls marginally; silver declines Rs 909

NEW DELHI: The price of gold was marginally lower by Rs 24 to Rs 47,273 per 10 gram in the national capital on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,297 per 10 gram. Silver also declined Rs 909 to Rs 68,062 per kg, from Rs […]

Budget 2020

Gold rallies ₹587; silver jumps ₹682

Gold rallied by ₹587 to ₹45,768 per 10 gram; silver jumped ₹682 to ₹65,468 per kilogram Gold rallied by ₹587 to ₹45,768 per 10 gram in the national capital on April 7 amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹45,181 per 10 gram. In tandem […]

Budget 2020

Gold gains after Fed maintains easy monetary policy stance

Gold prices rose on Thursday, as the dollar weakened after the U.S. Federal Reserve kept the interest rate unchanged and reiterated its stance to keep benchmark rates near-zero through at least 2023. FUNDAMENTALSSpot gold rose 0.5% to $1,752.41 per ounce by 0119 GMT, while U.S. gold futures rose 1.3% to $1,748.80 per ounce. The U.S. […]