Govt rationalising customs duties on gold, silver: FM Sitharaman
Business | February 01, 2021 13:35 ISTFinance Minister Nirmala Sitharaman on Monday said the government is rationalising customs duties on gold and silver.
Finance Minister Nirmala Sitharaman on Monday said the government is rationalising customs duties on gold and silver.
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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.
Analysts expect domestic futures to touch Rs 52,000 per 10 grams in the next few months, till Diwali.
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.
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