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Sandeep Sinha

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Gold price hits fresh lifetime high of Rs 44,880 per 10 gram on safe-haven appeal

BUSINESS

Gold price hits fresh lifetime high of Rs 44,880 per 10 gram on safe-haven appeal

The world is staring at a coronavirus-induced economic deceleration which is expected to encourage the rotation of money from risk assets like stocks and bonds to defensive assets like gold.

Gold price inches closer to Rs 44,000, silver up Rs 1,050

BUSINESS

Gold price inches closer to Rs 44,000, silver up Rs 1,050

Buying of gold for investment is near negligible amid lockdown, but MCX gold futures continue to find support amid falling equity markets and a weaker rupee, says Sumeet Bagadia of Choice Broking.

Gold price today: Yellow metal rises Rs 301 to Rs 43,474/10gm, silver dips

BUSINESS

Gold price today: Yellow metal rises Rs 301 to Rs 43,474/10gm, silver dips

Navneet Damani, Vice President, Motilal Oswal, said, domestic gold prices could hover in the range of Rs 42,500-43,150 per 10 gm.

Gold slips Rs 703 to Rs 43,173 per 10 gram, silver holds steady

BUSINESS

Gold slips Rs 703 to Rs 43,173 per 10 gram, silver holds steady

In the futures market, gold rate touched an intraday high and low of Rs 43,840 and Rs 43,130 on the MCX

Gold price today | Yellow metal at Rs 43,876/10 gm, silver tumbles Rs 2,100/kg

BUSINESS

Gold price today | Yellow metal at Rs 43,876/10 gm, silver tumbles Rs 2,100/kg

Gadgil advised investors be to avoid short-term speculation and to buy gold at regular intervals with a long-term horizon

Gold inches closer to Rs 44,000/10 gm, up 5.66% for the week

BUSINESS

Gold inches closer to Rs 44,000/10 gm, up 5.66% for the week

Silver prices gained Rs 790 to Rs 41,600 per kg from its closing on March 26.

Gold price at Rs 43,283 per 10 gram, silver dips marginally

BUSINESS

Gold price at Rs 43,283 per 10 gram, silver dips marginally

Silver prices declined byRs 90 to Rs 40,810 per kg from its closing on March 25.

Gold price tops Rs 43,000 per 10 gram, silver up Rs 575 per kg

BUSINESS

Gold price tops Rs 43,000 per 10 gram, silver up Rs 575 per kg

The broader trend on Comex could be $1,580-1,640 and on domestic front prices could hover in the range of Rs 40,600-42,000, said Damani.

Gold price fall continues for sixth straight day, at Rs 39,886 per 10 gram

BUSINESS

Gold price fall continues for sixth straight day, at Rs 39,886 per 10 gram

The broader trend on Comex could be $1,468-1,520 and on domestic front prices could hover in the range of Rs 38,000-40,000, said Damani.

Gold slips Rs 211 to Rs 40,606 per 10 grams, Axis Securities sees prices at Rs 42,000-42,500 by year end

BUSINESS

Gold slips Rs 211 to Rs 40,606 per 10 grams, Axis Securities sees prices at Rs 42,000-42,500 by year end

The gold/silver ratio, which is the amount of silver required to buy one ounce of gold, currently stands at 88.25 to 1.

Gold price steady at Rs 40,817 per 10 grams, silver slips

BUSINESS

Gold price steady at Rs 40,817 per 10 grams, silver slips

According to Navneet Damani, Vice President, Motilal Oswal, Gold prices consolidated in a narrow range hovering around the $1580 zone as China’s central bank injected liquidity into its markets to help support firms hit by a coronavirus epidemic and stronger dollar capped some gains for the bullions.

Gold outperforms Nifty and Sensex in January, up 3.95%

BUSINESS

Gold outperforms Nifty and Sensex in January, up 3.95%

The rate of 10 grams 22-carat gold in Mumbai was Rs 37,365 plus 3 percent GST, while 24-carat 10 gram was Rs 40,791 plus GST. The 18-carat gold quoted at Rs 30,593 plus GST in the retail market.

Gold gains Rs 384 to Rs 40,848 per 10 grams over wedding season demand, silver up Rs 635 to Rs 46,170 per kg

BUSINESS

Gold gains Rs 384 to Rs 40,848 per 10 grams over wedding season demand, silver up Rs 635 to Rs 46,170 per kg

The gold/silver ratio currently stands at 88.47 to 1, which means the amount of silver required to buy one ounce of gold.

Crude oil futures down 1.39% on rise in US inventory, coronavirus economic impact

BUSINESS

Crude oil futures down 1.39% on rise in US inventory, coronavirus economic impact

In the futures market, crude oil touched an intraday high of Rs 3,799 and an intraday low of Rs 3,751 per barrel on MCX. For the February series, the crude touched a low of Rs 3,735 and a high of Rs 4,663.

Gold dips Rs 192 to Rs 40,464 per 10 grams, silver tumbles over Rs 1,100 per kg

BUSINESS

Gold dips Rs 192 to Rs 40,464 per 10 grams, silver tumbles over Rs 1,100 per kg

The gold/silver ratio, which is the amount of silver required to buy one ounce of gold, currently stands at 88.86 to 1.

Gold price sees massive jump to Rs 40,814 per 10 grams on coronavirus outbreak

BUSINESS

Gold price sees massive jump to Rs 40,814 per 10 grams on coronavirus outbreak

The gold/silver ratio, which is the amount of silver required to buy one ounce of gold, currently stands at 86.11 to 1.

Gold climbs to Rs 40,157 per 10 gram, up 0.47% for the week

BUSINESS

Gold climbs to Rs 40,157 per 10 gram, up 0.47% for the week

The gold/silver ratio currently stands at 87.02 to 1, which means the amount of silver required to buy one ounce of gold.

Gold price steady at Rs 40,023 per 10 gram ahead of ECB rate decision, silver dips

BUSINESS

Gold price steady at Rs 40,023 per 10 gram ahead of ECB rate decision, silver dips

According to Navneet Damani, Vice President, Motilal Oswal, Gold prices held steady in the previous session as rising fears over the spread of china’s new flu-like virus are supporting the safe haven metal.

Gold stays firm at Rs 40,076, silver slips to Rs 46,110

BUSINESS

Gold stays firm at Rs 40,076, silver slips to Rs 46,110

The rate of 10 grams of 22-carat gold in Mumbai was Rs 36,710 plus 3 percent GST while 24-carat 10 gram was at Rs 40,076 plus GST.

Gold slips Rs 98 to Rs 40,014, silver down Rs 230 to Rs 46,410

BUSINESS

Gold slips Rs 98 to Rs 40,014, silver down Rs 230 to Rs 46,410

Gold futures for delivery in February slipped Rs 17, or 0.04 percent on the MCX trading at Rs 39,930 per 10 gram in evening trade in a business turnover of 10,905 lots.

Gold rises Rs 143 per 10 gram, silver jumps to Rs 46,640 per kg

BUSINESS

Gold rises Rs 143 per 10 gram, silver jumps to Rs 46,640 per kg

The gold/silver ratio currently stands at 86 to 1, which means the amount of silver required to buy one ounce of gold.

Gold gained Rs 209 for the week, up 1.85% in 2020

BUSINESS

Gold gained Rs 209 for the week, up 1.85% in 2020

The rate of 10 grams 22-carat gold in Mumbai was Rs 36,612 plus 3 percent GST, while 24-carat 10 gram was Rs 39,969 plus GST.

Gold prices stay firm at Rs 39,900; Silver gains Rs 310 a kg

BUSINESS

Gold prices stay firm at Rs 39,900; Silver gains Rs 310 a kg

The 22-carat gold in Mumbai was quoting Rs 36,548 per 10 gram plus 3 percent GST, while 24-carat 10 gram was at Rs 39,900 plus GST. The 18-carat gold was at Rs 29,925 plus GST in the retail market.

Gold snaps 5-day losing streak, up Rs 193 at Rs 39,813 per 10 gram

BUSINESS

Gold snaps 5-day losing streak, up Rs 193 at Rs 39,813 per 10 gram

Gold futures for delivery in February rose Rs 172, or 0.44 percent on the MCX trading at Rs 39,619 per 10 gram in evening trade in a business turnover of 12,124 lots.

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