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

Is silver the new gold? Key triggers to watch in precious metals

Some analysts and traders are betting that silver will outperform gold this year. Silver’s historic price performance relative to gold and the ongoing demand-supply dynamics may be the reasons behind such beliefs. Silver is glittering more than gold nowadays even though the yellow metal has entered the correction zone after hitting an all-time high in […]

Budget 2020

Gold and silver prices marginally gain

NEW DELHI: Gold prices rose marginally by Rs 9 to Rs 46,431 per 10 gram in the national capital on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,422 per 10 gram. Silver also gained Rs 53 to Rs 67,460 per kg from Rs 67,407 per kg […]

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 price climbs by Rs 97; silver declines by Rs 275

NEW DELHI: Gold prices gained Rs 97 to Rs 46,257 per 10 gram in the national capital on Friday supported by rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed the day at Rs 46,160 per 10 gram. In contrast, silver dipped Rs 275 to Rs 66,253 per kg, […]

Budget 2020

Investors continue to be bullish on gold ETFs; invest Rs 491 crore in Feb

NEW DELHI: Investors pumped Rs 491 crore in gold exchange traded funds (ETFs) in February as they seem be taking advantage of the lower domestic prices caused due to declining international rates, appreciating rupee and reduction in custom duty. This came following a net investment of Rs 625 crore in January and Rs 431 crore […]

Budget 2020

Gold prices down ₹122, silver up ₹587

Gold prices fell by ₹122 to ₹44,114 per 10 grams; Silver rose by ₹587 to ₹65,534 per kg Gold prices on March 8 fell by ₹122 to ₹44,114 per 10 grams in the national capital, in line with weak international market trend, according to HDFC Securities. The precious metal had closed at ₹44,236 per 10 […]