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Gold Prices Today: Gold futures drop Rs 20 to Rs 77,038; silver slips Rs 150 to Rs 80,019

Gold Prices Today: Gold futures drop Rs 20 to Rs 77,038; silver slips Rs 150 to Rs 80,019

Mon, Jan 06, 2025

Gold futures edged lower amid mixed global cues, with February contracts trading at Rs 77,038 per ten grams. Investors are advised to keep a close watch on US economic data and the Fed's decisions for cues on future price movements.

Gold Prices Today: Yellow metal gains even as dollar index hits new 52-week high; prices near Rs 78,000/10 gm

Gold Prices Today: Yellow metal gains even as dollar index hits new 52-week high; prices near Rs 78,000/10 gm

Fri, Jan 03, 2025

Gold futures rose on January 3, driven by weak global manufacturing data and robust fund flows, signalling strong investor demand despite the US dollar surging to a 52-week high.

Gold prices today: 24-carat gold rises to Rs 77,740, silver climbs Rs 100

Gold prices today: 24-carat gold rises to Rs 77,740, silver climbs Rs 100

Fri, Dec 27, 2024

Investors are closely watching economic cues from the US and speculating on the Federal Reserve's interest rate trajectory for 2025.

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Oil price rises after surprise drop in US inventories offsets demand concerns

Oil price rises after surprise drop in US inventories offsets demand concerns

Wed, Jul 29, 2020

Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States increased against expectations, giving the market a boost amid record increases of coronavirus infections in the US and elsewhere.

Gold price steadies on Coronavirus fears, stimulus bets; Fed meet eyed

Gold price steadies on Coronavirus fears, stimulus bets; Fed meet eyed

Wed, Jul 29, 2020

Gold prices steadied on Wednesday as worries over rising cases of COVID-19 and expectations of possible inflation from more stimulus measures underpinned the metal.

Gold price climbs all-time high of Rs 52,414; Silver also at life-time high; experts predict further rise

Gold price climbs all-time high of Rs 52,414; Silver also at life-time high; experts predict further rise

Tue, Jul 28, 2020

Gold price today climbed to yet another all-time high of Rs 52,414 at the Multi Commodity Exchange (MCX) even as silver prices too hit a record high of Rs 67,560 per kg.

Gold price rockets toward $2,000 as Fed stimulus sinks dollar

Gold price rockets toward $2,000 as Fed stimulus sinks dollar

Tue, Jul 28, 2020

Gold rocketed to record peaks at $1,975 on Tuesday while the US dollar plumbed two-year lows as investors wagered the Federal Reserve would reaffirm its super-easy policy outlook this week.

Bullion price outlook: Gold, Silver hit a new lifetime high today; know where levels will go from here!

Bullion price outlook: Gold, Silver hit a new lifetime high today; know where levels will go from here!

Mon, Jul 27, 2020

The MCX August Gold futures today attained a new lifetime high of Rs 52,127 per 10 gram beating all expectations of a weekly outlook on the yellow metal as it surpassed the Rs 52,000 mark on Monday. At 2:30 pm the Gold Futures were trading at Rs 52,066 on the MCX, up by over 2 per cent from the previous close

Jewellery industry expects consumer gold demand to struggle on surging prices

Jewellery industry expects consumer gold demand to struggle on surging prices

Sat, Jul 25, 2020

The jewellery industry is expecting the consumer demand for gold to falter further amid surging prices of the precious metal and economic slowdown.

Gold hits life time high of Rs 51184 today, may touch Rs 52000 mark, expert says

Gold hits life time high of Rs 51184 today, may touch Rs 52000 mark, expert says

Fri, Jul 24, 2020

Gold price continues its strong rally as it hit a new life time high of Rs 51184 per 10 gram in the intraday trading on Friday. At 7:30 pm, the MCX August Gold futures were trading at Rs 51085, up by almost 0.8 per cent from the previous close on Thursday

Oil rises on weaker dollar, but virus woes and US-China tensions weigh

Oil rises on weaker dollar, but virus woes and US-China tensions weigh

Fri, Jul 24, 2020

Oil edged up on Friday as the dollar fell to an almost two-year low, although demand concerns stemming from rising coronavirus cases and US-China tensions kept a lid on prices.

Gold heads for best week in 3 months on US-China woes

Gold heads for best week in 3 months on US-China woes

Fri, Jul 24, 2020

Gold held steady on Friday en route to its best week in more than three months, driven by an escalation in US-China tensions, with investors also looking for a hedge against possible inflation as hopes for more stimulus measures grow.

Gold price may test Rs 51,000-mark as near term outlook still positive, says expert

Gold price may test Rs 51,000-mark as near term outlook still positive, says expert

Thu, Jul 23, 2020

Outlook for gold and silver remains positive in near term and both these metals may see a further uptick in prices from here, Senior Technical Analyst Anuj Gupta said. The Deputy Vice President, Commodity and Currency Research at Angel Broking said weakening dollar and tensions brewing between US and China may strengthen precious metals

Gold price in India breaches key psychological level, dampening demand

Gold price in India breaches key psychological level, dampening demand

Thu, Jul 23, 2020

Gold prices in India rose above the psychologically important 50,000 rupees level for the first time on Wednesday, as expectations of more stimulus to resuscitate pandemic-hit economies lifted the metal`s appeal as an inflation-hedge.

Jewellery business to get impacted! IBJA Secretary speaks to Anil Singhvi in exclusive chat

Jewellery business to get impacted! IBJA Secretary speaks to Anil Singhvi in exclusive chat

Wed, Jul 22, 2020

On the day that gold hit a new all-time record of over Rs 50,000, Prithviraj Kothari, President at India Bullion and Jewellers Association Ltd (IBJA) in an exclusive chat with Zee Business Managing Editor Anil Singhvi said that the rising bullion prices will have a big impact on jewellery busines

As gold price breaks 50,000-barrier, IBJA's Surendra Mehta speaks to Anil Singhvi on this remarkable occurrence

As gold price breaks 50,000-barrier, IBJA's Surendra Mehta speaks to Anil Singhvi on this remarkable occurrence

Wed, Jul 22, 2020

It is a golden day for gold buyers as this bullion metal today hit the Rs 50000 mark and went slightly above it. This news is big for every household in the country as every home has gold in one form or the other, Surendra Mehta, Secretary at India Bullion and Jewellers Association Ltd. (IBJA) said in an exclusive chat with Zee Business Managing Editor Anil Singhvi

Gold price today hits HISTORIC high of over Rs 50,000! Set to keep skyrocketing, says expert

Gold price today hits HISTORIC high of over Rs 50,000! Set to keep skyrocketing, says expert

Wed, Jul 22, 2020

Gold price today at the Multi Commodity Exchange (MCX) hit its life-time high of Rs 50,085 per 10 gm while the silver price today breached Rs 61,000 levels and hit Rs 61,280 per kg mark in the early morning trade session.

Gold price sprints to nine-year peak on softer dollar, stimulus bets

Gold price sprints to nine-year peak on softer dollar, stimulus bets

Wed, Jul 22, 2020

Gold jumped more than 1% on Wednesday to its highest in nearly nine years, driven by a weaker dollar and as expectations of more stimulus to resuscitate pandemic-hit economies lifted the metal`s appeal.

Oil prices fall on US inventory build, increasing pandemic fears

Oil prices fall on US inventory build, increasing pandemic fears

Wed, Jul 22, 2020

Oil prices fell on Wednesday as industry data showed a bigger- than-expected inventory build in the United States.

MCX silver price jumps over 6 pct in intraday trade to 7-year high; price uptick to continue, expert says

MCX silver price jumps over 6 pct in intraday trade to 7-year high; price uptick to continue, expert says

Tue, Jul 21, 2020

While gold glitters at a historic high today, silver is also shining bright. The MCX September Silver Futures were up by over 6 per cent around 7:40 pm, attaining a 7-year high. This precious metal was trading around Rs 57,343 around this time, up by over Rs 3330. It attained an intraday high of Rs 57,347 today

Gold price hits all-time high of Rs 49,579! Outlook still golden for yellow metal as rates to soar further

Gold price hits all-time high of Rs 49,579! Outlook still golden for yellow metal as rates to soar further

Tue, Jul 21, 2020

MCX August Gold futures today hit a new life time high of Rs 49,579! Yellow metal has been hitting multiple highs over the last few months, but even now the outlook is quite golden, so to speak, as rates are expected to head further northward in these times of coronavirus

Oil steady as vaccine news counters rise in virus cases

Oil steady as vaccine news counters rise in virus cases

Tue, Jul 21, 2020

Brent futures were up 15 cents, or 0.4%, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83.

Gold imports dip 94 pc in Apr-Jun to USD 688 million

Gold imports dip 94 pc in Apr-Jun to USD 688 million

Mon, Jul 20, 2020

Gold imports, which have a bearing on the current account deficit (CAD), plunged 94 per cent to USD 688 million (about Rs 5,160 crore) during the first quarter of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry

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