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.
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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.
Thu, Jan 02, 2025
Gold prices climbed Rs 330 to Rs 79,720 per 10 grams in the national capital on Thursday due to persistent buying by jewellers and retailers, according to the All India Sarafa Association.
Thu, Mar 11, 2021
SBI Gold Monetisation Scheme: Make best use of the idle gold jewellery lying in your homes. This jewellery will earn you good returns. The value of your unused or outdated jewellery can be unlocked through Gold Monestisation Scheme (GMS). Many banks offer this service including the largest public sector bank in India, the State Bank of India (SBI)
Gold, Silver Price Today: At the international level, gold opened on a flat note yesterday and is moving in a sideways and bullish trend, prices are trading weaker yesterday in the morning session and in early afternoon trade in Asia yesterday, which is weighed down by a strong dollar. Investors will look for the clues from the U.S. CPI inflation data for further action.
Gold Price Today: After showcasing some short covering from below Rs 44,000 per 10 gm levels at Multi Commodity Exchange (MCX), the gold price yesterday (closing price on 10th March) went down Rs 58 per 10 gm and hit Rs 44,799 per 10 gm.
Wed, Mar 10, 2021
Gold Price Today – Bullion was under some pressure on Wednesday with MCX Gold and Silver futures trading in the red. At 5:15 pm, the MCX April Gold Futures were trading at Rs 44,650 per 10 gm, down by Rs 207 or over 0.4 per cent from the last trading price on Tuesday.
Gold prices opened slightly higher with a gap on Tuesday and rose further during most of the session till a high of Rs 44963. Prices recovered slightly in the last session as a pullback in US Treasury yields added some lustre to the metal after it hit almost a one year low in the previous session. ICICI Securities expect gold prices to recover further towards Rs 45300 level in the short-term.
Gold Price Today: After falling below Rs 44,000 per 10 gm price on the Multi Commodity Exchange (MCX), gold price has shown some short-covering and today its price is around Rs 44,800 per 10 gm.
Tue, Mar 09, 2021
Gold Price Today - International Bullion prices have been under some pressure over the past 7-10 days with gold hitting the crucial support levels around USD 1690. Expert Anuj Gupta says that the sunny days for Gold and Silver are ahead of us as the precious metals are seeing a bounce back as estimated previously by the senior technical analyst
Gold price started Monday’s trade on a flat note and fell gradually during most of the session till a fresh 11 month low of Rs 44150. Prices have been falling gradually in the last few weeks as a firmer dollar and higher US Treasury yields continued to diminish the metal's appeal. Therefore, ICICI Securities expect gold prices to remain weak towards Rs 44000 level in the short term.
Mon, Mar 08, 2021
After remaining under pressure during the previous week, Gold and Silver prices remained under pressure on Monday too as the price of MCX Gold fell by Rs 280 around 6:50 pm. Meanwhile, silver futures fell by Rs 128 around this time. Expert Anuj Gupta, Deputy Vice President, Commodity and Currency Research at Angel Broking gives the complete strategy for the next week
Sat, Mar 06, 2021
Gold Price Outlook: After scaling to its life-time high of Rs 56,191 per 10 gm at MCX in August 2020, gold price has been crashing heavily leading to around Rs 11,500 per 10 gm correction in the last six month.
Gold and Silver prices remained under pressure throughout this week? What should be the strategy when the markets open on Monday? Should you buy Gold and Silver under the current circumstances?
Fri, Mar 05, 2021
In this special show, we talk about the fall in the gold price.
Gold Price Today: After hitting its lifetime high of Rs 56,191 per 10 gm at MCX during the COVID-19 pandemic, gold price has slide to the tune of around Rs 12,500 per 10 gm till date
Thu, Mar 04, 2021
The fall in prices of Gold and Silver fell on Thursday too. The Gold Futures fell by around Rs 158 today minutes after the markets opened after falling by Rs 577 or 1.27 per cent on Wednesday. Meanwhile, Silver Futures fell by Rs 499 when the markets opened after falling by Rs 1145 or 1.65 on Wednesday
Wed, Mar 03, 2021
Gold price started Tuesday’s trade on a weak note opening lower with a gap and recovered gradually during most of the session till a high of Rs 45650. Prices have recovered slightly in the last session as US Treasury yields eased and offset pressure from a stronger dollar. Overall, ICICI Securities expect gold prices to consolidate in the range of Rs 45200- Rs 46200 levels in the short-term.
If you are one of those people who have not been able to invest in gold and silver because of high prices can now do it. While the price of Gold is down by over Rs 10,000 from the highs of Rs 57,000 per 10 gm, this year alone, the prices have come down by Rs 4603 according to Expert Anuj Gupta. This is almost 9.2 per cent depreciation in the last two months
NS Ramaswamy, Head of Commodities, Ventura Securities says that value of the world’s raw materials is propelled higher due to the “Yield” factor. Passive investors have been tempted on the “returns” in commodities. The positive returns on Crude Oil, Copper and a host of base metals were on account of interest rates being feeble, bond yields remaining historically depressed and rolling positions along the commodities futures curve.
Tue, Mar 02, 2021
The subscription for the twelfth tranche of the Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series XII, opened on March 1, 2021, and will close on March 5. The SGBs will be allotted on March 9. This is a great opportunity for you to invest in gold. SGBs are government securities denominated in grams of gold.
Gold price today: The yellow metal opened slightly higher with a gap on Monday and fell gradually during most of the session till a fresh 10-month low of Rs 45215. Prices have been falling gradually in the last few weeks as higher yields threaten gold’s hedge against inflation status, since they translate into higher opportunity cost of holding bullion, which pays no return. Overall, ICICI Securities expect gold prices to consolidate in the range of Rs 45000 – Rs 46000 levels in the short-term.
Weakness in Gold prices continued on Tuesday as the Gold Futures fell by almost Rs 400 or 0.9 per cent minutes after the markets opened. Meanwhile, Silver Futures were trading almost flat around this time. There was marginal increase of Rs 69 around this time. Expert Anuj Gupta gives complete outlook and investment strategy in Gold and Silver along with the spot price of Gold and Silver in Delhi Markets
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