The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at Rs 87,370
Spot gold fell 1.2 per cent to $2,880.79 an ounce by 0910 GMT, its lowest since February 17. Prices hit a record peak of $2,956.15 on Monday, driven by safe-haven flows
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 80,490
Investors' focus was also on the US Personal Consumption Expenditures (PCE) report, the Federal Reserve's preferred inflation gauge, due on Friday
The price of 22-carat gold climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,760
The gold of 99.5 per cent purity rose by Rs 250 to Rs 88,950 per 10 grams from the previous close of Rs 88,700 per 10 grams
The price of 22-carat gold climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,560
India's gold imports in February are likely to fall to around 15 metric tonnes, the lowest for the month in at least two decades, from 103 tonnes in February, 2024
The precious metal's rally is expected to persist as safe-haven demand remains strong, with central banks worldwide continuing to accumulate gold to hedge against economic volatility
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 80,440
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 80,240
Observing that there has never been a shortage of energy in the global market, the former diplomat highlighted that more oil is entering global markets than ever before
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,710
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,360
The precious metal of 99.9 per cent purity had closed at Rs 88,500 per 10 grams in the previous trading session. On February 14, it rallied by Rs 1,300 to hit a lifetime high of Rs 89,400 per 10 grams
Gold's rally appears to be driven by President Trump's remarks on upcoming tariffs for autos and pharmaceuticals
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,710
With uncertainty surrounding the global economy and the broader geopolitical landscape in the Trump 2.0 era, gold is set to remain a natural beneficiary of risk-off flows and central bank buying
In the international markets, Comex gold futures for April delivery climbed USD 24.94 per ounce, or 0.86 per cent, to USD 2,925.64 per ounce in the global market
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,410