Gold rate today: Gold prices on the Multi Commodity Exchange (MCX) experienced an uptick, climbing by Rs 102 or 0.14% to reach Rs 72,785 per 10 grams. Similarly, silver prices saw an increase, with MCX May silver contracts rising by Rs 112 or 0.13% to Rs 83,385 per kilogram. These price movements occurred on Friday…
Kolkata: Jewellery retail major Senco Gold Ltd on Friday said the recent sharp spurt in gold prices due to geopolitical reasons has dampened demand, and the industry’s first-quarter performance hinges upon ongoing buying propensity during festive and auspicious New Year celebrations. The Kolkata-based retail chain said it has taken a slew of measures to combat…
Gold rate today: Gold prices reached a new all-time high of Rs 71,150 per 10 grams on the MCX on Tuesday, following international price trends. By 10 AM, June gold futures were trading at Rs 71,130, up by Rs 218 or 0.31% from Monday’s close.According to ET, simultaneously, the May silver contract experienced a slight…
Gold rate today: Gold and silver prices reached all-time highs on Monday’s opening trade. Gold contracts on MCX surged to Rs 71,080 per 10 grams, a jump of Rs 440 or 0.62%. Meanwhile, silver futures hit a new peak of Rs 82,064, trading at Rs 81,939, up by Rs 1,076 or 1.33%, by 10:10 AM.According…
Gold prices surged by Rs 1,070 to hit an all-time high of Rs 68,420 per 10 grams in the national capital on Monday amid a rally in the precious metal in global markets, according to HDFC Securities. The precious metal had closed at Rs 67,350 per 10 grams in the previous trade. Silver prices also…
Continuing to glitter in 2024 as well, gold price is likely to touch Rs 70,000 per 10 grams in the domestic market on the back of a stable rupee, geopolitical uncertainties and slowing global economic growth, according to experts. Currently, the yellow metal price is hovering at Rs 63,060 per 10 grams on the commodity…
NEW DELHI: Gold demand in India, the world’s second-largest consumer of the yellow metal, rose 10 per cent to 210.2 tonnes during the third quarter of this calendar year, aided by softening of gold prices and festive demand, according to the World Gold Council (WGC). Speaking to PTI, WGC India Regional CEO Somasundaram PR said…
Kolkata: Gold is shining brighter this festive season even as battle rages in Gaza, threatening to spill over West Asian borders. Despite prices of the yellow metal moving up by 5.5% since outbreak of the Israel-Palestine conflict, sales have surged by up to 30% during Dussehra-Navratri from the year earlier, said leading jewellers such as…
Gold prices rose more than 1% on Monday as the military conflict between Israeli forces and Palestinian Islamist group Hamas raised political uncertainty in the Middle East, prompting safe-haven buying of investments like bullion. Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks…
