240 GRAMS OF GOLD RECOVERED
![Gold Price Today: Yellow metal opens at Rs 71,650 per 10 grams, Silver at Rs 89,152/kg](https://img.etimg.com/thumb/msid-111075585,width-100,height-75,resizemode-4/markets/commodities/news/gold-price-today-yellow-metal-opens-at-rs-71650-per-10-grams-silver-at-rs-89152/kg.jpg)
Gold Price Today: Yellow metal opens at Rs 71,650 per 10 grams, Silver at Rs 89,152/kg
Gold and silver prices rebounded from recent lows, supported by bargain hunting at lower levels, amid slightly positive trends in both domestic and international markets. Bullion prices have surged approximately 13% so far this year, reaching record highs.
![Gold Price Today: Yellow metal opens slightly higher at Rs 72,914/10 gm; silver rises by Rs 1,100](https://img.etimg.com/thumb/msid-110756660,width-100,height-75,resizemode-4/markets/commodities/news/gold-price-today-yellow-metal-opens-slightly-higher-at-rs-72914/10-gm-silver-rises-by-rs-1100.jpg)
Gold Price Today: Yellow metal opens slightly higher at Rs 72,914/10 gm; silver rises by Rs 1,100
Gold Price Today: In response to recent volatility in the bullion market, the August futures of gold opened 0.55% higher at Rs 72,914 per 10 grams, representing a gain of Rs 396. Both gold and silver rebounded from recent lows, attributed in part to interest rate cuts by the Bank of Canada.
![Gold Price Today: Yellow metal opens flat at Rs 72,100 while silver down by Rs 1,080](https://img.etimg.com/thumb/msid-110581234,width-100,height-75,resizemode-4/markets/commodities/news/gold-price-today-yellow-metal-opens-flat-at-rs-72100-while-silver-down-by-rs-1080.jpg)
Gold Price Today: Yellow metal opens flat at Rs 72,100 while silver down by Rs 1,080
Gold Price Today: Gold and silver futures open mixed on MCX ahead of US data. MCX Gold shows potential downside with support at Rs 71,700. Neha Qureshi recommends selling MCX gold at Rs 72,200 and silver at Rs 94,000.
![Silver trades at record high for second day in Delhi; gold falls Rs 150](https://img.etimg.com/thumb/msid-110211083,width-100,height-75,resizemode-4/markets/commodities/news/silver-trades-at-record-high-for-second-day-in-delhi-gold-falls-rs-150.jpg)
Silver trades at record high for second day in Delhi; gold falls Rs 150
Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets.
![Silver looks set to take over glitter from gold](https://img.etimg.com/thumb/msid-110065386,width-100,height-75,resizemode-4/markets/commodities/news/silver-looks-set-to-take-over-glitter-from-gold.jpg)
Silver looks set to take over glitter from gold
Silver's relative underperformance to gold in the recent rally of both the precious metals and prospects of further gains in industrial metals globally could help silver gain as much as 15-20% from current levels, helping it cross the ₹100,000 per kilogram mark over a one-year horizon, said experts. The precious metal, also a key industrial input, is currently at ₹84,984 per kg on the MCX.
![Gold over Rs 70 lakh hidden in passenger's rectum seized at Trichy airport, 1.25 kg gold found in Chennai airport lavatory](https://img.etimg.com/thumb/msid-109642304,width-100,height-75,resizemode-4/news/new-updates/gold-over-rs-70-lakh-hidden-in-passengers-rectum-seized-at-trichy-airport-1-25-kg-gold-found-in-chennai-airport-lavatory.jpg)
Gold over Rs 70 lakh hidden in passenger's rectum seized at Trichy airport, 1.25 kg gold found in Chennai airport lavatory
Officers of the Air Intelligence Unit (AIU) at Tiruchirappalli airport in Tamil Nadu seized 977 grams of of 24K Gold valued at Rs.70.58 lakh from a passenger arriving from Dubai.
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Gold Price Today: Yellow metal rises over Rs 100 to Rs 72,785/10 grams; silver at Rs 83,385/kg
On Thursday, gold June futures contract settled at Rs 72,683 per 10 grams while the silver May futures contract settled at Rs 83,851 per kilogram with a gain of 1.25%. Gold is expected to trade with a positive bias in the near term unless geopolitical tensions subside.
Gold Price Today: Whopping gains! Yellow metal dearer by over Rs 5000/10 grams in 2024 so far. Should you buy it?
The MCX June gold futures were trading at Rs 68,644 per 10 grams around 9:10 am, rising Rs 313 or 0.46% while May silver futures were trading at Rs 76,076 per kg, higher by Rs 544 or 0.72%.
Gold Price Today: Yellow metal gets dearer by Rs 124/10 grams. Should you buy or book profits?
The MCX April gold futures were trading at Rs 66,491 per 10 grams, rising Rs 124 or 0.19% while May silver futures were trading at Rs 74,808 per kg, higher by Rs 146 or 0.20%.
Gold Rate Today: Yellow metal trades flat ahead of US inflation print
The April gold futures were trading at Rs 65,995 per 10 grams on the MCX at 10:06 am and were down by Rs 40 or 0.06% from Monday's closing price. Meanwhile, the May Silver futures were trading at Rs 74,525 per kg and were higher by Rs 11 or 0.01% around this time.
Gold Rate Today: Yellow metal hits yet another life high of Rs 65,298; monthly gains extend to over Rs 2,700/10 grams
Gold Rate Today: Gold reached a new lifetime high on the MCX due to hopes of a US Federal Reserve interest rate cut. MCX Silver declined while the dollar index (DXY) fell. Gold and Silver futures on Comex were trading at $2,158.50 and $24.390 per troy ounce, respectively.
Gold prices surge Rs 800 to hit record high of Rs 65,000 per 10 grams
In the international markets, too, gold notched a record high, as traders ramped up bets of a start to interest-rate cut by the US Federal Reserve in June, with investors pouring money into the safe-haven asset as the Middle-East war drags on.
Gold Rate Today: Gold gains Rs 39/10 grams on MCX, silver falls Rs 151/kg. What should traders do?
The cues from international markets were positive around this time. On the Comex, gold futures were trading at $2,033.50 per troy ounce, up by $9.40 or 0.46%, while Silver futures were hovering at $23.185 per troy ounce, lower by $0.290 or 1.240%.
Gold Price Today: Yellow metal futures fall by Rs 80/10 gram in opening trade. Should you buy or sell?
Taking cues from the global price trends, the MCX April gold futures were trading at 62,214 per 10 grams at 9:20 am, down by Rs 80 or 0.13%. Meanwhile, the March Silver contracts were up by Rs 259 or 0.37% at Rs 71,033 per kg.
Gold Rate Today: Yellow metal’s 2024 losses narrow to Rs 840/10 grams on Middle East crisis, dollar weakness. Should you buy?
Gold traded in the green on Monday in the early trade extending gains for the third straight session riding on tension in the Middle East. The Dollar Index’s (DXY) weakness further aided its cause with the US producer price data last week renewing bets for an early rate cut by the Federal Reserve and thus triggering a slide in the greenback.
Gold Rate Today: Range-bound yellow metal extends losses to Rs 1,200/10 grams in 2024. What should traders do?
"The dollar index has recovered from lower levels after FOMC minutes stated that the time of interest rate cut is not yet confirmed. We also see thin demand for gold and silver in the physical markets," Anuj Gupta, Head-Commodity & Currency, HDFC Securities said.
Gold slips Rs 50; silver jumps Rs 600
In the futures trade on the MCX, February contract of gold increased Rs 25 to Rs 62,440 per 10 grams. However, March contract of silver declined Rs 126 to Rs 75,360 per kg on the bourse.
Gold rises Rs 50; silver plunges Rs 400
Gold price gained Rs 50 to Rs 57,400 per 10 grams in the national capital on Friday amid a rise in precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 57,350 per 10 grams.
Gold Rate Today: MCX gold recovers after eight sessions amid dollar retreat. Is it time to buy?
On Thursday, the MCX December gold futures were trading at Rs 56,860 per 10 gram, up by Rs 139, or 0.35%. Meanwhile, December silver futures were trading at Rs 67,399 per kg, lower by Rs 514 or 0.77%.
Gold Rate Today: Gold down as US dollar jumps, Jackson Hole event eyed
Gold has risen about 1.3% so far in the week, which could be its first week of gains this month, as prices climbed to their highest since August 10 on Thursday after a retreat in US Treasury yields
Gold falls Rs 110; silver plunges Rs 600
Gold prices in Delhi fell by Rs 110 to Rs 59,240 per 10 grams on Friday, attributed to weaker global trends and strong US macro data that supports tighter monetary policy, according to HDFC Securities. The company's Senior Analyst of Commodities, Saumil Gandhi, noted the price level falls.
Gold rises Rs 80; silver tumbles Rs 550
"Gold slightly recovered from three-month lows on Friday, with spot gold prices in the Delhi markets trading at Rs 59,030/10 grams, up by Rs 80 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
Jewellery sales recover as gold prices soften
Gold jewellery sales have seen a spurt after a lull of two months as prices of the precious metal have softened to about ₹58,300 per 10 grams from ₹61,000 per 10 grams in the past month, said leading jewellers. April and May proved to be lacklustre months for jewellers as gold prices surged past ₹62,000 per 10 grams, but with the easing of gold prices, customers have returned to the market, said industry executives.
Gold falls Rs 70; silver jumps Rs 230
The dollar index recovered from a five-week low and is trading at 101.96, up 0.12 per cent against its previous close, which also weighed on gold prices, Gandhi said.
Gold prices are expected to be range-bound next week; support zone seen at $1920-$1930
Gold closed the week with a minor loss of 0.10% settling at $1958 amidst a data and event-heavy week. The US Dollar Index closed with a weekly loss of over 2% at 102.30. The Federal Reserve held interest rates as expected in its FOMC meeting but projected a terminal rate projection for 2023-end at 5.60%, higher than the previous projection of 5.10%, indicating its intention to hike the rate twice more this year. The ECB hiked the deposit rate by 25 bps and the Bank of Japan maintained its ultra-easy monetary policy. Next week, investors will look forward to Federal Reserve Chair Powell's semiannual monetary policy.
Gold Rate Today: Is it time to buy physical gold as yellow metal prices fall in India? Check gold price in Delhi, Ahmedabad, and other Indian cities
The outlook for gold is weak due to the US debt ceiling crisis nearing resolution and the strong Dollar Index. Physical gold and silver buyers can take advantage of the expected correction in prices. Gold prices in Delhi are at around Rs 60,800 per 10 grams, while silver is priced at Rs 73,000 per kg. Traders can book profits in gold and silver futures, said Anuj Gupta, VP of Commodity and Currency Research at IIFL Securities. June Gold futures have support at Rs 58,800-Rs 59,400 and resistance at Rs 60,000-Rs 60,400, while support for Gold futures on COMEX is at $1920-$1890 and resistance at $1960-$1980.
Gold Price Today: Gold jumps Rs 200 on weak dollar; analysts retain bullish views
Gold futures rose on MCX, driven by a weaker US dollar and ahead of this week's US inflation data. June gold futures were up Rs 198 ($2.64), or 0.33%, at Rs 60,826 ($808.55) per 10 grams at midday, with silver futures for July trading at Rs 77,172 per kg, up Rs 125, or 0.16%. Domestic bullion prices are expected to be influenced by international events this week, including US inflation, consumer sentiment and UK monetary policy. Gold has support at Rs 60,000 and July futures for silver have support at Rs 74,000.
Gold Price Today: Yellow metal flat, silver jumps Rs 300 per kg
The June gold futures were trading at Rs 60,240 per 10 grams on the MCX at 12.26 pm and were down by Rs 21 or 0.03% from Tuesday's closing price. Meanwhile, the May Silver futures were trading at Rs 74,567 per kg and were higher by Rs 304 or 0.41% around this time.
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