Gold Silver Demand

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

The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 70,790

The price of 22-carat gold also witnessed a drop of Rs 10, with ten grams of the yellow metal selling at Rs 73,840

The price of 22-carat gold also witnessed a drop of Rs 10, with ten grams of the yellow metal selling at Rs 73,140

In Delhi, the price of ten grams of 22-carat gold stood at Rs 73,740 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 73,590

The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 72,960

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bangalore, Chennai, and Hyderabad at Rs 79,650.

Presently, gold is not affected by the traditional drivers. Traders are focusing rather on uncertainties over the US Presidential election outcome and possibility of resurgence of inflation in

Silver is expected to trade with a positive bias in near-term on the US presidential election uncertainties, healthy ETF inflows, and strong demand in India amid geopolitical tensions

The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 71,610

The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,990

Silver price outlook by Sharekhan: Silver has got many supporting factors to push it higher as the Fed begins slashing rates.

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,810

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 68,640

The industry tailwinds are expected to benefit the organised jewellery retailers like Senco over the medium term, supported by its expanding retail presence.

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 67,160

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,940

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,690

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 65,540

Spot gold was trading with a slight loss of 0.19 per cent at $2,468 at the time of the MCX Closing