Gold retreated after a nine-day rally that included a record high as positive results from a vaccine study curbed demand for the metal as a haven, spurring investors to cash in recent gains.
current value of gold
Gold Prices Hit New Highs in Global Markets – Gold Silver Reports
Gold is off to a strong start this week in Indian markets after posting strong gains in the previous week. On MCX, August gold future prices rose 1.5% or ₹800 to a record high of ₹51,833 per 10 gram, tracking a global rally. Silver prices also rallied today. Silver futures on MCX gained 5.5% or ₹3,400 to ₹64,617 per kg. In the previous week, gold prices had surged 4% while silver had jumped 15%.
India Flips To Discount On Physical Gold Amid Low Demand, Record Price
In India, dealers offered discounts of up to $6 an ounce over official domestic prices in thin trade, versus last week’s $2 premium. Domestic gold futures soared to a record Rs 50,948 ($681.21) per 10 grams on Friday.
Gold Settles at a Nearly 9-year high and Silver Scores Highest Finish since 2014 on Fiscal Stimulus Moves
Gold futures climbed Tuesday to settle at a nearly nine-year high and silver rallied to prices not seen since 2014, with the precious metals lifted by an agreement on a fiscal rescue plan by European leaders and expectations for additional spending by the U.S. government.
Spot Gold Eases As Economic Recovery Hopes Boost Risk Appetite
Spot gold fell 0.2% to $1,806.30 by 0046 GMT, after rising to its highest level since September 2011 at $1,817.71. U.S. gold futures eased 0.1% to $1,818.40 per ounce.
Gold Silver Saw Profit Booking in Opening Trade Session
Gold and silver saw profit booking in the opening trade on Tuesday even as Covid-19 patient count surged across the world, making the job of governments very difficult to ensure economic recovery.
Gold Price Today: सोने-चांदी की कीमतों में मंगलवार को गिरावट
Gold Price Today: सोने-चांदी की कीमतों में मंगलवार को गिरावट देखने को मिल रही है। इन दोनों ही कीमती धातुओं की घरेलू और वैश्विक कीमतों में मंगलवार सुबह गिरावट देखी गई है।