Gold prices have been trading in a narrow range since they marked a 9-month low on the 8th of March, with attempts to push higher being weakened by growing interest around bond yields, which is, in turn, keeping the US Dollar supported around 4-month highs.
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Gold prices Today Jump to one-month High, Silver Rates Surge ₹3,600
Gold prices Today: Gold and silver prices surged today in Indian markets tracking firm international prices. On MCX, February gold futures jumped 1.4% to one-month high of ₹51,009 per 10 gram while silver futures surged 5.4% or ₹3,600 to ₹71549 per kg. In the previous session, gold futures had edged 0.17% after three days of up-move lower while had fallen 0.6%.
Gold prices in India: Will gold prices fall in India? | Gold Silver Reports
Gold prices in India struggled in a range during the week though on a weekly basis the precious metal posted slight gains. On MCX, gold futures settled flat at ₹45,008 per 10 gram on Friday. On a weekly basis, gold was up ₹250 per 10 gram. Silver futures on MCX settled at ₹67,453 per kg. Physical gold demand in India was however subdued this week, news agency Reuters reported, citing gold dealers.
Gold Rate Today at Rs 48,380 per 10 gm, silver trending at Rs 67,700 a kg
Gold rate today: Gold jewelry price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
The Winners and Losers From Surging Oil and Commodity Prices
Commodity Prices : You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and the vulnerabilities of others.
Gold Prices Slip Near Lowest in a Year, Buying Picks Up in India
The correction in gold prices has triggered fresh retail interest in India. This however allowed dealers to charge higher premiums. On MCX gold futures fell to ₹44271 at day’s low on Friday, near a one-year low of ₹44,150 they touched earlier in the week.
Gold Miner Dividends Trump Copper Counterparts
Gold Miner Dividends Trump Copper Counterparts, Gold bugs will be rewarded with richer dividend prospects than copper-company investors this year, though such perks may be short lived.