Gold is off to a strong start this week in Indian markets after posting strong gains in the previous week. On MCX, August gold futures 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%.
gold price per kilo
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.
Gold is Looking Very Bullish Both in the Short- and Long-Term – GSR
Gold held steady above the key $1,800/oz level on Thursday, as worries over mounting COVID-19 cases offset hopes of a swift global economic recovery.
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.
MCX Gold Price Trend And Trading Zone 47620—48734 – Neal Bhai
MCX Gold Price Trend Sidways – Gold yesterday settled down by 0.2% at 48134 as stronger dollar weighed on prices and investors remained cautious due to a surge in the number of coronavirus cases in the U.S.
Gold Prices in India Fell Marginally Today – Gold Silver Reports (GSR)
Gold prices in India fell marginally today after hitting a record high in the previous session. On MCX, gold futures fell 0.12% to ₹48,074 per 10 gram, after declining 0.2% in the previous session.
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 prices fall today after sharp jump, silver rates drop
Gold and silver prices in India today fell after a big jump in the previous session. On MCX, August gold futures were down 0.5% to ₹47,345 per 10 gram after surging about ₹600 in the previous session.
The Gold/Silver Ratio Currently Stands at 100.28 to 1 – GSR
Gold/Silver Ratio : Gold prices slipped Rs 276 to Rs 47,047 per 10 gram in the Mumbai bullion market on weak global cues. Gold prices declined from the recent highs as investors locked in the short term profits near the resistance levels at $1745.