Gold futures prices were up 0.49 per cent to Rs 40,169 per 10 grams, while silver futures were up 0.49 per cent at Rs 45,755 per kg.
Gold
Get commodity future prices for Gold from MCX, NCDEX, NMCE. Get live commodity market price,Gold futures prices from Gold Silver Reports – Neal Bhai Reports
Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975
Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975
Spot gold rose by 0.69 percent to close at $1576.7 per ounce after equities closed negative and the US FED decided to keep interest rates unchanged in their latest monetary policy meeting held yesterday. Yields on the 10-year Treasury note dipped to their lowest since October. 10 as the corona virus impact might hamper the global growth.
Gold News Today – Bullion Industry Expects Reduction in Import Duty on Gold
The bullion industry expects the government to announce significant reduction in import duty on gold in the upcoming Budget 2020. It must be noted that gold imports are curren jewellery industry tly levied customs duty of 12.5% and an additional 3% as GST.
MCX Gold Price Steady at Rs 40,080 per 10 gram, Silver Slip
MCX Gold prices declined by Rs 213 to Rs 40,080 per 10 gram in the Mumbai bullion market on rupee depreciation. It, however, traded steady in the international market ahead of European Central Bank’s first policy meet of the New Year later today.
Gold Prices Traded in a narrow $3 Range
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.