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The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,060
In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent
Investors are eyeing the US Consumer Price Index (CPI) release on Wednesday and the Producer Price Index (PPI) on Thursday
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 71,310
Traders are pricing an 87per cent chance of a 25-basis-point interest rate cut at next week's Fed meeting, up from 61.6per cent last week, according to the CME Group's FedWatch Tool, which would mark
In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,140
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,140
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,410
Spot gold was down 0.1 per cent at $2,648.69 per ounce, as of 1030 GMT. US gold futures also eased 0.1 per cent to $2,672.40
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,770
Gold prices slipped below Rs 79,000 per 10 kg in the national capital on Wednesday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity fell by Rs 150 to Rs 78,850 per 10 grams. It had closed at Rs 79,000 per 10 grams in the previous session. Price of gold of 99.5 per cent purity extended the losses for the third straight day, declining by Rs 150 to Rs 78,450 per 10 grams from the previous close of Rs 78,600 per 10 grams. However, silver rose Rs 100 to Rs 92,500 per kg. On Tuesday, the white metal had settled at Rs 92,400 per kg. In futures trade on the Multi Commodity Exchange (MCX), gold contracts for February delivery fell Rs 93 or 0.12 per cent to trade at Rs 76,810 per 10 grams. Silver contracts for March delivery declined Rs 322 or 0.35 per cent to Rs 91,875 per kg on the bourse. Comex gold futures in the Asian market hours edged lower by USD 4.90 per ounce or 0.18 p
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 71,310
UBS said it expects the Fed to cut by 25 basis points in December, followed by another 100 bps of easing through 2025
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,340
With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets
The dollar index gained 0.5 per cent, on track for its best day in over a week, making greenback-priced bullion more expensive for holders of other currencies
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 71,490
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,610
Gold prices rose by Rs 700 to Rs 79,400 per 10 grams in the national capital on Friday due to fresh buying by local jewellers and a firm overseas trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 78,700 per 10 grams on Thursday. Silver also climbed Rs 1,300 to Rs 92,200 per kg. On Thursday, the white metal prices crashed by Rs 4,900 to Rs 90,900 per kg. Price of gold of 99.5 per cent purity advanced Rs 700 to hit Rs 79,000-mark against the previous close of Rs 78,300 per 10 grams on Thursday. Traders said sentiment turned bullish due to positive trend overseas and rise in domestic demand, which mainly pushed gold prices higher. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 602 or 0.79 per cent to trade at Rs 76,326 per 10 grams. "Gold traded positively in MCX, supported by safe-haven demand amid ongoing geopolitical concerns," Jateen Trivedi, VP Researc