Gold Price Today: Gold declines by Rs 42, silver plunges Rs 1,217
Business | July 06, 2020 17:21 ISTGold prices fell by Rs 42 to Rs 48,964 per 10 gram in the national capital on Monday, according to HDFC Securities.
Gold prices fell by Rs 42 to Rs 48,964 per 10 gram in the national capital on Monday, according to HDFC Securities.
Gold prices in the national capital jumped Rs 237 to Rs 49,022 per 10 gram on Friday, according to HDFC Securities.
Gold in the national capital jumped Rs 119 to Rs 49,306 per 10 gram on Tuesday following rise in international prices of the precious metal, according to HDFC Securities.
Analysts expect domestic futures to touch Rs 52,000 per 10 grams in the next few months, till Diwali.
Gold prices fell by Rs 57 to Rs 48,931 per 10 gram in the national capital on Tuesday due to weakness in global prices and rupee appreciation, according to HDFC Securities.
Gold futures rose moderately on Wednesday's session as the market rebounds in the opening session after investors shifted to haven assets in a risk-off environment amid rising coronavirus cases across the world, including India.
Gold prices in India jump on the Multi Commodity Exchange (MCX) on Monday after strong gains in the previous session. The yellow metal prices were up after US Federal Reserve slashed interest rates by a percentage point to a range between zero and 0.25 per cent.
Gold prices in India fell on Tuesday on profit-taking after rising for five days in a row, tracking a decline in global rates. On the Multi Commodity Exchange, April Gold prices declined 1.34% or ₹584 to ₹42,996 per 10 gram after the yellow metal hit a seven-year high in the previous session.
Gold prices on Friday fell by Rs 111 to Rs 37,974 per 10 gram in futures trade as participants cut down their bets amid a weak global trend. Silver futures on Friday slumped by Rs 168 to Rs 44,442 per kg as participants cut down their bets taking weak cues from overseas markets.
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