Bullion's bull-run: Gold may hit Rs 52,000 by Diwali
Business | June 26, 2020 17:27 ISTAnalysts expect domestic futures to touch Rs 52,000 per 10 grams in the next few months, till Diwali.
Analysts expect domestic futures to touch Rs 52,000 per 10 grams in the next few months, till Diwali.
Gold prices fell by Rs 293 to Rs 49,072 per 10 gram in the national capital on Thursday amid rupee appreciation, according to HDFC Securities.
Gold prices on Wednesday rose by Rs 118 to Rs 48,350 per 10 gram in futures trade as speculators created fresh positions on firm spot demand.
Gold prices fell by Rs 57 to Rs 48,931 per 10 gram in the national capital on Tuesday due to weakness in global prices and rupee appreciation, according to HDFC Securities.
Gold prices in the national capital fell Rs 85 to Rs 48,811 per 10 gram on Monday amid rupee appreciation, according to HDFC Securities.
Gold in the national capital rose by Rs 144 to Rs 48,334 per 10 gram in-line with gain in international prices of the precious metal, according to HDFC Securities.
Gold prices rose marginally by Rs 18 to Rs 48,220 per 10 gram in the national capital on Wednesday, according to HDFC Securities.
Gold in the national capital rose by Rs 761 to Rs 48,414 per 10 gram on Tuesday in-tandem with spike in international prices of the precious metal and rupee depreciation, according to HDFC Securities.
Gold prices fell by Rs 380 to Rs 47,900 per 10 gram in the national capital on Monday following decline in global prices, according to HDFC Securities.
Gold prices on Wednesday rose Rs 292 to Rs 41,671 per 10 gram in futures trade as speculators were indulged in creating fresh positions even as the metal lost steam overseas.
Gold prices on Friday jumped Rs 1,395 to Rs 41,705 per 10 gram in the national capital following rally in the international prices of the precious metal, according to HDFC Securities.
Gold prices on Wednesday rose by Rs 311 to Rs 40,241 per 10 gram in the national capital amid rupee depreciation and higher buying, according to HDFC Securities.
Gold rate today: Gold on Tuesday went lower by Rs 80 to Rs 39,719 per 10 gram in the national capital following weak global cues and rupee appreciation, according to HDFC Securities.
Gold prices futures fell below Rs 40,000 per 10 gram on Tuesday in domestic markets after a sharp drop over the past few sessions amid coronavirus pandemic. On MCX, April gold was up 0.13% to ₹39,570 per 10 gram after falling about ₹850 in the previous session.
Gold prices on Monday jumped by Rs 455 to Rs 41,610 per 10 gram in the national capital amid rupee depreciation and recovery in global prices, according to HDFC Securities.
Gold prices in India jump on the Multi Commodity Exchange (MCX) on Monday after strong gains in the previous session. The yellow metal prices were up after US Federal Reserve slashed interest rates by a percentage point to a range between zero and 0.25 per cent.
Gold on Wednesday traded down by Rs 516 to Rs 44,517 per 10 gram in the national capital amid appreciation in the value of the rupee.
Gold on Monday traded marginally up by Rs 22 to Rs 45,063 per 10 gram in the national capital amid concerns of global economic slowdown. In the previous trade, the precious metal had closed at Rs 45,041 per 10 gram, according to HDFC Securities.
Gold prices on Monday fell by Rs 73 to Rs 44,085 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas.
Gold on Thursday fell by Rs 157 to Rs 44,250 per 10 gram in the national capital amid muted demand for the precious metal. In the previous trade, it had closed at Rs 44,407 per 10 gram, according to HDFC Securities.
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