The gold market has seen a rise following Federal Reserve Chairman Jerome Powell's comments on inflation, which caused a decline in the value of the US dollar.
According to Indian Ancient astrologers, Silver is associated with the moon. It is believed that silver was produced from the eyes of Lord Shiva due to which Silver is a symbol of prosperity. So whosoever wears silver is fulfilled with prosperity according to traditions.
The Modi government has announced a cut in the import duty on gold and silver, a move welcomed by the industry as it will bring down prices of precious metals in the domestic market and boost exports of gems and jewellery.
Finance Minister Nirmala Sitharaman on Monday said the government is rationalising customs duties on gold and silver.
Buying silver Jewellery and articles is always exciting and fun but the question that arises is what are the best possible ways to keep our Silver Jewellery safe and clean? Here, are 5 easy ways to take care of your silver jewellery and idols:
Gold price fell for the fourth consecutive day on Thursday, declining by Rs 485 to Rs 50,418 per 10 grams in the national capital amid weak international trends, according to HDFC Securities.
Gold prices declined by Rs 94 to Rs 52,990 per 10 gram in the national capital on Friday following selling pressure in the international market, according to HDFC Securities.
Gold prices rose by Rs 340 to Rs 53,611 per 10 gram in the national capital on Monday, in line with firm international trend, according to HDFC Securities.
Gold prices tanked Rs 1,228 to Rs 52,946 per 10 gram in the national capital on Wednesday due to recovery in dollar and coronavirus vaccine announcement by Russia, according to HDFC Securities.
Gold prices in the national capital declined Rs 1,317 to Rs 54,763 per 10 grams on Tuesday in line with a drop in international prices of the precious metal and a rupee appreciation, according to HDFC Securities.
Gold and silver prices touched record levels in the national capital on Thursday and the yellow metal rose by Rs 225 to Rs 56,590 per 10 grams amid strong rally in the international market, according to HDFC Securities.
Gold prices in the national capital on Tuesday witnessed a fall after rising for the past seven days and declined Rs 187 to Rs 52,846 per 10 gram, in tandem with weak international trends, according to HDFC Securities.
In the previous trade, it had closed at Rs 51,471 per 10 gram. Silver, however, declined by Rs 109 to Rs 62,262 per kg, from Rs 62,371 per kg on Thursday.
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.
Gold prices in the national capital rose marginally to Rs 49,959 per 10 gram on Friday, according to HDFC Securities.
Gold prices rose by Rs 232 to Rs 50,184 per 10 gram in the national capital on Thursday, in line with gains in international price of the precious metal, according to HDFC Securities.
Gold prices in the national capital jumped by Rs 102 to Rs 49,228 per 10 gram on Tuesday amid rupee depreciation, according to HDFC Securities.
Gold prices fell by Rs 42 to Rs 48,964 per 10 gram in the national capital on Monday, according to HDFC Securities.
Gold prices in the national capital jumped Rs 237 to Rs 49,022 per 10 gram on Friday, according to HDFC Securities.
Gold in the national capital jumped Rs 119 to Rs 49,306 per 10 gram on Tuesday following rise in international prices of the precious metal, according to HDFC Securities.
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