Gold prices plummeted by Rs 5,000 per 10 grams following the government's budget announcement to reduce the basic customs duty on gold. This 7% drop is expected to benefit the organized jewellery sector and curb smuggling, encouraging more investments in gold.
Gold prices on Thursday rose by Rs 78 to Rs 43,513 per 10 gram in the national capital on positive global trend as worries over spread of coronavirus raised yellow metal's safe haven appeal, according to HDFC Securities.
Gold prices Monday fell by Rs 100 to Rs 33,620 per 10 gram in the national capital due to subdued demand from local jewellers and a weak trend overseas, according to the All India Sarafa Association.
New Delhi: Gold again crossed Rs 29,000 per ten gram level in futures trade on Tuesday by rising 0.42 per cent as speculators engaged in creating positions amid a firming trend overseas.Besides, covering up of
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