Gold Silver Reports (GSR) – “A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. “It’s a low-risk way to try the product.”
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Gold Prices Slip Sharply Today But Silver Rates Steady
In the national capital, gold of 99.9 per cent and 99.5 per cent purities dropped by Rs 30 to Rs 32,190 and Rs 32,040 per 10 gram, respectively. Sovereign gold stood steady at Rs 25,000 per 8 gram.
Gold Prices Slip for First Time in 4 days, Silver Rates Fall
Gold Silver Reports (GSR) – Sovereign gold prices, however, today held steady at Rs 25,000 per piece of 8 gram. Silver ready rates fell by Rs 25 to Rs 38,550 per kg, while weekly-based delivery was marginally up by Rs 22 to Rs 38,181 per kg. Silver coins, however, remained unchanged at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.
Gold Prices Supported by expectations of Fewer Rate Hikes by the U.S. Federal Reserve — GSR
Gold Silver Reports (GSR ) – Spot gold inched up 0.1 percent to $1,244.40 per ounce, as of 0115 GMT. U.S. gold futures rose 0.2 percent to $1,249.9 per ounce. Spot palladium was up 0.2 percent at $1,246.30 per ounce. Prices climbed over 2 percent in the previous session.
Gold Prices Remain Steady, Silver Rates zoom Rs 1200 in Two days
Gold Silver Reports (GSR ) – Silver ready prices zoomed by Rs 380 to Rs 37,740 per kg, while weekly-based delivery jumped by Rs 619 to Rs 36,368 per kg. Silver coins, however, also ended flat at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.