The price of ten grams of 24-carat gold in Delhi, Chennai, and Bangalore is Rs 55,900, Rs 57,140, and Rs 55,800, respectively
The price of ten grams of 24 carat gold in Delhi, Bengaluru, and Chennai is Rs 55,350, Rs 55,250, and Rs 55,960, respectively
Brokerages expect upside on hedging demand amid global slowdown risk
Gold prices rose by Rs 205 to Rs 55,210 per 10 grams in the national capital on Friday amid positive global trends, according to HDFC Securities. The precious metal had touched Rs 55,005 per 10 grams in the previous trade. Silver, however, declined by Rs 30 to Rs 69,698 per kg. "COMEX gold heads for a second weekly gain after US job data eased concern that a hot labour market would lead to hawkish Fed," an analyst at HDFC Securities said. In the overseas market, gold was trading in green at USD 1,817.4 per ounce while silver was marginally down at USD 23.83 per ounce. "Gold edged higher, helped by a dip in the dollar as initial unemployment claim data pointed to a cooling off in the US labour market, easing worries about harsher Federal Reserve rate hikes next year," Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services, said.
Ten gram of 22-carat gold was trading at Rs 50,100 today
But it will lose sheen if the world economy achieves a soft landing
Ten gram of 22-carat gold is selling at Rs 49,600 after the prices remain unchanged from previous day, according to the GoodReturns website
Ten gram of 22-carat gold is trading at Rs 49,700 today, according to the GoodReturns website.
Ten gram of 22-carat gold was trading at Rs 49,990 today, according to the GoodReturns website
24-carat gold is trading at Rs 54,000 per 10 grams
Silver prices fall by Rs 500 per kg, trading at Rs 66,000 today
Analysts' target prices also indicates good upside for gold financiers
Ten grams of 24-carat gold is selling at Rs 52,880 today
After underperforming for 2 yrs, silver has risen in line with benchmark indices but one should limit exposure to it to 5-10 per cent of portfolio
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,700, Rs 48,600, and Rs 49,250, respectively
Silver prices decreased by Rs 200 from yesterday's closing price with 1 kg of the precious metal selling at Rs 61,000
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai was Rs 48,800, Rs 48,650, and Rs 49,250, respectively
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,800, Rs 48,650, and Rs 49,500, respectively.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,910, Rs 48,810, and Rs 49,510, respectively.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 48,160, Rs 48,050, and Rs 49,700, respectively