Gold prices up ₹ 70 on rupee depreciation
Business | November 07, 2019 16:04 ISTTracking the rise in gold, silver prices also moved up by Rs 230 to Rs 46,510 per kg from Rs 46,280 per kg on Wednesday.
Tracking the rise in gold, silver prices also moved up by Rs 230 to Rs 46,510 per kg from Rs 46,280 per kg on Wednesday.
Gold prices fell by Rs 101 to Rs 39,213 per 10 gram on Tuesday on rupee appreciation and selling in global markets, according to HDFC Securities.The precious metal had closed at Rs 39,314 per 10 gram in the previous trade.
Prices of gold rose by Rs 78 to Rs 39,263 per 10 gram in the national capital on Monday due to wedding season demand, according to HDFC Securities.
Gold prices on Friday rose Rs 181 to Rs 39,395 per 10 gram in the national capital on firm global trends, according to HDFC Securities. On Thursday, gold had closed at Rs 38,214 per 10 gram.
Gold prices on Tuesday went up by Rs 50 to Rs 38,810 per 10 gram here following rise in demand, according to HDFC Securities. The yellow metal had closed at Rs 38,760 per 10 gram in the previous trade.
Gold prices fell by Rs 58 to Rs 38,140 per 10 gram in the national capital on Tuesday, while silver zoomed Rs 2,360 to Rs 47,580 per kilogram, according to HDFC Securities.
Gold prices moved up by Rs 130 to Rs 38,690 per 10 gram in the national capital on Monday, in line with global trend, according to HDFC Securities. Silver also jumped Rs 900 to Rs 47,990 per kilogram from its previous close of Rs 47,090 per kilogram, it added.
Gold prices declined by Rs 150 to Rs 38,905 per 10 gram in the bullion market here on Tuesday due to weak demand, according to HDFC Securities.
Gold and silver prices on Friday witnessed recovery, with the yellow metal rising Rs 70 to Rs 38,695 per 10 gram in the national capital, according to HDFC Securities. Silver prices also witnessed a gain of Rs 172 to Rs 48,400 per kilogram. On Thursday, it closed at Rs 48,228 per kilogram.
Prices of 24 karat gold rose by Rs 538 to Rs 38,987 per 10 gram in the national capital on Tuesday, mainly on the back of recovery in global rates, according to HDFC Securities. Silver prices too witnessed similar trends. The rate of silver zoomed by Rs 1,080 to Rs 47,960 per kilogram in the national capital, as per the data.
Share market closing: After rising for five consecutive days, gold prices on Tuesday held steady at Rs 39,670 per 10 gram in the national capital, according to the All India Sarafa Association. Gold had touched its all-time high mark of Rs 39,670 on Monday. Silver gained Rs 190 to Rs 46,740 per kg on increased offtake by industrial units and coin makers.
Gold prices on Tuesday touched a record high of Rs 38,770 per 10 gram in the national capital after gaining Rs 200 on persistent buying from jewellers even as the precious metal lost steam overseas, according to the All India Sarafa Association. Silver, however, plunged Rs 1,100 to Rs 43,900 per kg on reduced offtake by industrial units and coin makers.
Tracking gold, silver also gained Rs 378 to Rs 44,688 per kg on increased offtake by industrial units and coin makers.
Silver prices on Tuesday soared Rs 2,000 to touch an all-time high mark of Rs 45,000 per kg, while gold declined by Rs 100 to Rs 38,370 per 10 gram in the national capital, according to the All India Sarafa Association.
Gold prices on Monday retouched the all-time high mark of Rs 38,470 per 10 gram in the national capital after the precious metal advanced by Rs 50 on fresh buying from jewellers amid positive overseas trend, according to the All India Sarafa Association.
Gold prices on Tuesday rose by Rs 100 to Rs 35,570 per 10 gram in the national capital on fresh buying from jewellers even as the precious metal stood steady overseas.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose Rs 100 each to Rs 32,870 and Rs 32,700 per 10 gram, respectively.
On the Multi Commodity Exchange, silver contracts for July delivery dipped by Rs 82, or 0.22 per cent, to Rs 36,367 per kg, clocking a business volume of 28,879 lots.
Bullion traders said the slide in gold prices was mostly due to absence of worthwhile activity as jewellers and retailers made token purchases to mark the auspicious occasion of 'Diwali' and beginning of Hindu Samvat year 2075.
Standard gold (99.5 purity) fell by Rs 35 to close at Rs 31,255 per 10 grams from Wednesday’s finish of Rs 31,290. Pure gold (99.9 purity) also fell by the same amount to settle at Rs 31,405 per 10 grams as compared to Rs 31,440 on Wednesday.
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