Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.
Silver Price Today
Gold Prices Hold Above 34500 Rupees
Gold prices were flat at Rs. 34,590 per 10 grams on scattered demand while silver prices rose by Rs. 100 to Rs. 41,600 per kg in Delhi on Monday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Gold Prices Down, Silver Rates Slip
Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.
Gold Prices Surge for 3rd Day, Crosses ₹34000
Gold Silver Reports (GSR) – In Delhi, prices of gold of 99.9% and 99.5% purities climbed ₹320 each to ₹34,070 and ₹33,920 per 10 gram, respectively. Similarly, sovereign gold advanced by ₹200 to ₹25,900 per piece of eight gram. Silver ready rose by ₹330 to ₹41,330 per kg and weekly-based delivery by ₹361 to ₹40,434 per kg.
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Gold prices fall after 3 days but silver rates top Rs 40,000
In Delhi, prices of gold of 99.9% and 99.5% purities today declined by Rs 145 each to Rs 32,690 and Rs 32,540 per 10 gram, respectively. Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
Gold Prices Jump Today But Silver Rates Drop
In global markets, gold prices today edged higher supported by a softer dollar and weakness in the equities market. Overnight, the US Federal Reserve hiked interest rates by 25 basis points, as widely expected, but what took markets by surprise was the US central bank’s commitment to retain the core of its plan to tighten monetary policy, despite rising uncertainty about global economic growth. Spot gold prices rose 0.5% to $1,249.46 per ounce.
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 Up Rs 250, Silver Zoom Rs 800 – Gold Silver Reports
Silver gained Rs 800 to close at Rs 38,500 per kg on higher demand from industrial units and coin makers.
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.
Gold Prices soar Today, Silver Rates Surge ₹ 800
Tracking gold, silver rates also surged Rs 800 to 37,360 per kg on strong demand from industrial units and coin makers. Gold of 99.9% and 99.5% purity advanced Rs 390 each to Rs 31,850 and Rs 31,700 per 10 gram, respectively. Sovereign gold held steady at Rs 24,700 per piece of 8 grams.