Gold price today: Gold prices in Indian markets rose more than 1 per cent on March 2 after seeing a sharp fall in the previous session. On the Multi Commodity Exchange (MCX), April gold contracts were trading higher by Rs 280, or 0.70 per cent, at Rs 41,677 per 10 gram at 09:20 hours.
Gold prices on Wednesday declined by Rs 62 to Rs 43,502 per 10 gram in the national capital on stronger rupee, but worries over spreading coronavirus capped the downside, according to HDFC Securities.
Gold prices in India fell on Tuesday on profit-taking after rising for five days in a row, tracking a decline in global rates. On the Multi Commodity Exchange, April Gold prices declined 1.34% or ₹584 to ₹42,996 per 10 gram after the yellow metal hit a seven-year high in the previous session.
Gold prices on Monday soared Rs 953 to Rs 44,472 per 10 gram in the national capital on weaker rupee and rise in global prices, according to HDFC Securities.
Gold prices on Monday jumped Rs 401 to Rs 43,067 per 10 gram in futures trade as speculators increased their bets tracking positive trend overseas.
Gold prices on Wednesday jumped Rs 462 to Rs 42,339 per 10 grams in the national capital on positive global cues, according to HDFC Securities.
Gold prices on Monday fell by Rs 233 to Rs 41,565 per 10 grams in the national capital on weakness in the global market, according to HDFC Securities.
Gold prices on Thursday rose by Rs 266 to Rs 41,484 per 10 gram in the national capital on positive global cues and rupee depreciation, according to HDFC Securities.
Gold fell Rs 128 to Rs 41,148 per 10 grams on Wednesday in the national capital amid fall in global prices of the yellow metal, according to HDFC Securities.
On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 245, or 0.60 per cent, to Rs 40,434 per 10 gram in a business turnover of 1,425 lots.
Gold prices rose by Rs 199 to Rs 41,199 per 10 gram in futures trade on Saturday as the speculators increased their holdings on positive spot demand.
The drop in the prices was against gold's previous close of Rs 41,584 per 10 gram.
On the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 319, or 0.78 per cent, to Rs 40,656 per 10 gram in a business turnover of 208 lots.
The precious metal had closed at Rs 40,744 per 10 gram in the previous trade. In a lacklustre trade, silver prices also rose marginally by Rs 7 to Rs 47,863 per kg from Rs 47,856 per kg in the past trading.
Gold prices on Thursday rose by Rs 43 to Rs 40,458 per 10 gram in the national capital on rupee depreciation, according to HDFC Securities.
Gold prices plummeted by Rs 766 to Rs 40,634 per 10 gram in the national capital on Thursday amid a stronger rupee and weak global trends, according to HDFC Securities. Tracking weakness in gold, silver prices also tumbled Rs 1,148 to Rs 47,932 per kg from Rs 49,080 per kg in the previous trade.
Gold prices on Wednesday climbed by Rs 485 to Rs 41,810 per 10 gram following rise of geo-political uncertainty and weaker rupee, according to HDFC Securities.
The surge in the prices of gold came hours after Iraq airbases housing US troops came under missile attack by Iran. The missile attacks were a revenge act following the assassination of Iranian General Qasem Soleimani.
Spot gold prices for 24 Karat in Delhi was trading marginally down by Rs 30 to Rs 38,955 in absence of festival buying and weak global prices.
The precious metal contracts for December delivery traded up by Rs 163, or 0.42 per cent, to Rs 38,700 per 10 gram in a business turnover of 435 lots.
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