Silver rate today: The metal may recover should the US CPI data turn out to be subdued, though upside is likely to be capped
Gold prices rallied for a fifth straight session, rising Rs 110 to Rs 80,660 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. The precious metal had settled at Rs 80,550 per 10 grams in the previous session on Friday. In the past five trading sessions, gold prices appreciated Rs 1,660, or 2.1 per cent, to Rs 80,660 per 10 grams. The price of gold of 99.5 per cent purity rose Rs 110 to Rs 80,260 per 10 grams against the previous close of Rs 80,150 per 10 grams on Friday. "Gold prices advanced as the rupee weakened by touching 86.61, driven by elevated crude oil prices. The rise in crude prices came on the back of fresh sanctions imposed on Russia by US President Joe Biden, escalating geopolitical tensions," Jateen Trivedi, VP Research Analyst of Commodity and Currency at LKP Securities, said. The rupee logged its steepest single-day fall in nearly two years and ended the session 58 paise down at its historic low of 86.62 (provisional) .
Market Outlook 2025: For an investor with moderate risk appetite, they say an ideal portfolio for 2025 would mean investing 50% of his/her corpus in large-caps, followed by 35% in gold and 15% in debt
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,010
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,740
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,460
Silver price today: Outlook for Silver remains weak, but it is looking somewhat oversold currently; hence, caution is warranted in selling
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 79,460
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,060
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
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
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 70,920
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 72,260
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 75,640
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 76,840
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 72,860
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 71,990
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai and Hyderabad at Rs 80,400
Gold and silver ETFs from Nippon India Mutual Fund, the largest in the category, alone recorded a combined volume of Rs 228 crore
Gold seen as stabilising force in diversified portfolios, especially during periods of low equity returns