The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,010
How to trade Silver today: As the markets have already discounted September rate cut by the US Fed, the metal may fall unless the Fed gives clear guidance on possible rate cuts going forward
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,190
The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 63,410
Gold prices tumbled by Rs 950 to Rs 71,050 per 10 grams in the local market here on Monday due to weak demand from jewellers. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity closed at Rs 72,000 per 10 grams in the previous session on Saturday. Gold of 99.5 per cent purity also plunged Rs 1,650 to Rs 70,700 per 10 grams. On Saturday, it closed at Rs 72,350 per 10 grams. Silver also declined Rs 4,500 to Rs 84,500 per kg on decreased offtake by coin makers and industrial units. This marks the biggest single-day fall in silver prices in 2024. It ended at Rs 89,000 per kg in the previous session. Traders said reduced demand from jewellers as well as retail buyers led to the fall in gold prices. "Last week, Finance Minister Nirmala Sitharaman in the Budget announced a customs duty cut from 15 per cent to 6 per cent, weighing on the domestic front. "Post the cut in import duty, gold premiums in India jumped to their highest level in a decade,"
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,990
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,240
The government has reduced custom duties on gold bars to 6% from 15%
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,690
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,790
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 68,140
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,760
Silver support, resistance levels: Silver is expected to test the $35 mark on rate cut bets. Traders are expected to continue to buy into dips
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 67,860
The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,490
Stock market strategy: Equities, analysts said, have priced-in most positives and are likely to adjust to the fundamentals now with growth in earnings needed to justify high valuations
The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,590
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,610