There are several factors that influence the prices of gold and silver, including global demand for gold, exchange rate fluctuations, prevailing interest rates, and government regulations governing gold trading.
Silver prices: In bullion trade, it's usually gold that takes all the limelight but on Wednesday it was Silver's moment to shine along with gold. The precious metal was in huge demand.
A major escalation in tensions between the US and Iran - the two biggest oil producing nations - following a US airstrike killing one of Iran's most powerful military commanders, General Qasem Soleimani, has sent global financial markets into a tailspin. While the stock markets have taken a beating, gold, silver and oil prices have jumped sharply.
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.
Silver was also on weak ground, tumbling Rs 1,400 to Rs 48,500 per kilogram.
In the previous session, gold had risen by Rs 200.
New Delhi: Gold prices today fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs 34,000-level to trade at about five-year low at the bullion market here due
Singapore: Gold prices plunged by Rs 410 to Rs 26,690 per 10 grams at the bullion market on Monday on a weak global trend amid easing demand from jewellers.Silver also fell sharply by Rs 550
Mumbai: Gold prices surged ahead to its highest level in four-month at the bullion market here powered by robust uptick from stockists and investors as well as good seasonal demand.Silver staged a strong come back
New Delhi: Gold prices today recovered slightly by Rs 20 to Rs 30,700 per ten gram in the national capital on seasonal demand and a firming trend overseas. On the other hand, silver remained steady
New Delhi: Gold prices fell from three-week high by losing Rs 200 to Rs 30,000 per 10 grams here today on profit-selling by stockists at prevailing higher levels amid weak global trend.Silver also snapped two-day
NEW DELHI: Snapping its five-day losing streak, gold prices rose by Rs 300 to Rs 30,400 per ten grams here on Tuesday on revival of buying at existing lower levels amid a firm global trend.Silver
New Delhi:Gold and silver extended gains for the second straight day at the bullion market today on sustained buying by stockists in line with a firming global trend. Traders said sentiment bolstered following a firming global
New Delhi, May 24: Rising for the third day in a row gold prices inched up by Rs 20 to Rs 29,530 per 10 grams at the bullion market here today on the back of
New Delhi, May 4: Gold prices rose by Rs 55 to touch fresh all-time high of Rs 29,750 per 10 grams in the bullion market here today on sustained buying from stockists and investors even
New Delhi, Mar 12: Snapping a two-day rising streak, silver prices declined by Rs 200 to Rs 58,000 per kg in the bullion market here today on reduced off take amid weak global cues, while
New Delhi, Dec 16: Gold fell below the Rs 28,000 per 10 grams-level for the first time in six weeks in the national capital today, losing Rs 375 to Rs 27,765 per 10 grams on
Mumbai, Nov 22: Silver prices recouped smartly at the domestic bullion market today on hectic stockist and speculative buying amidst firm industrial demand.Gold gained modestly on renewed jewellery buying due to ongoing wedding season.Silver ready
New Delhi, Oct 22: Buoyed by the ongoing festive demand and a firming trend overseas, both gold and silver extended gains in the bullion market here today. While gold added Rs 90 to Rs 27,030
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