Gold prices decline by Rs 380 on subdued global cues
Business | June 15, 2020 17:15 ISTGold 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 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.
Gold prices on Thursday fell by Rs 132 to Rs 43,437 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas.
Gold prices zoomed Rs 1,155 to Rs 44,383 per 10 gram on Wednesday in the national capital with continuous rupee deprecation and strong buying in global safe-haven assets, according to HDFC Securities.
The world's second-biggest consumer of gold, India, imported 46 tonnes of gold in February 2020, as opposed to 77.64 tonnes in Feb 2019.
Gold prices on Tuesday rose marginally by Rs 6 to Rs 42,958 per 10 gram, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 42,952 per 10 gram.
Gold prices jumped by Rs 391 to Rs 42,616 per 10 gram in the national capital on Monday following positive global trend, according to HDFC Securities.
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 on Tuesday tumbled by Rs 954 to Rs 43,549 per 10 gram in the national capital on stronger rupee and selling in global market, according to HDFC Securities.
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.
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