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May 14, 2021
Akshaya Tritriya 2021: Gold, Silver prices decline marginally today Akshaya Tritriya 2021: Gold, Silver prices decline marginally today Akshaya Tritiya 2021: Gold and silver declined marginally on MCX on Akshaya Tritiya day, the day considered by many as an auspicious to make purchases of precious metals. advertisement (Photo- PTI) On the occasion of Akshaya Tritiya day, the prices of gold and silver declined marginally on the Multi Commodity Exchange (MCX). The auspicious day of Akshaya Tritiy...
May 10, 2021
Rubber approaches 52-week peak amid Kerala lockdown; analysts see 6% upside in a month SECTIONS Share Synopsis Analysts remain upbeat on rubber from a short- to medium-term perspective thanks to positive price trends, but caution traders that some profit taking cannot be ruled out. iStock India is the world’s second biggest consumer of natural rubber, behind China, and the sixth largest producer. Prices of rubber, an industrial commodity, jumped more than 1 per cent in thin trade on Monday, s...
May 6, 2021
Gold futures up on spot demand; silver trades high Gold prices on Thursday rose by Rs 155 to Rs 47,155 per 10 gram in the futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for the June delivery traded higher by Rs 155, or 0.33 percent, at Rs 47,155 per 10 gram in a business turnover of 10,252 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Gold prices traded 0.46 percent highe...
May 5, 2021
Domestic spot gold opened at Rs 46,767 per 10 grams on Wednesday, and silver at Rs 69,030 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). What analysts say: MCX Gold June trading with negative momentum in the evening session. Downside support for the metal is 46700. Resistance for the metal is 47,500, said Kshitij Purohit, Product Manager, Currency & Commodities, CapitalVia Global Research Limited. Promo...
May 3, 2021
Gold rate today: Yellow metal eyes Rs 47,000/10 gm mark, silver gains by Rs 400 SECTIONS Gold rate today: Yellow metal eyes Rs 47,000/10 gm mark, silver gains by Rs 400By Share Synopsis There are speculations that a lockdown may be imposed in India to curb the spread of the virus. ETRetail Gold futures on MCX were up 0.49% or Rs 231 at Rs 46,968 per 10 grams. Related NEW DELHI: Gold and silver futures prices ticked up on Monday, supported by a muted dollar ahead of the release of a series of ...
April 29, 2021
Gold rate today: Yellow metal climbs to Rs 47,250; silver costlier by Rs 700 SECTIONS Share Synopsis Gold futures on MCX were up 0.34 per cent or Rs 160 at Rs 47,253 per 10 grams. Silver futures rose 1.01 per cent or Rs 696 to Rs 69,739 per kg. Shutterstock.com Spot gold was up 0.2 per cent at $1,784.94 per ounce by 0101 GMT, having dipped to $1,762 in the previous session, its lowest since April 16. US gold futures rose 0.6 per cent to $1,784.50 per ounce. Related NEW DELHI: Gold and silver fu...
April 28, 2021
Gold futures fall as traders reduce positions amid low demand Analysts attributed the fall in gold prices to trimming of positions by participants. Gold prices fell by Rs 352 to Rs 46,951 per 10 gram in futures trade on Wednesday as speculators reduced their positions amid low demand. On the Multi Commodity Exchange, gold contracts for June delivery traded lower by Rs 352, or 0.74 percent, at Rs 46,951 per 10 gram in a business turnover of 10,849 lots. Globally, gold traded 0.60 percent lower a...
April 28, 2021
Domestic spot gold closed at Rs 46,859 per 10 grams on Wednesday, and silver at Rs 67,700 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). On the domestic front, MCX Gold June gave a gap down opening and has declined more than 400 points in the morning session. Prices breached 47000 levels and are trading below them. We may expect bears to dominate the evening session and test 46500 levels on the downside, sai...
April 27, 2021
Gold gains marginally; silver strengthens by Rs 255 Image by Engin Akyurt from Pixabay Gold was marginally higher by Rs 69 to Rs 46,906 per 10 gram in the national capital on Tuesday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,837 per 10 grams. In the international market, gold was quoting marginally lower at $1,778 per ounce and silver was flat at $26.15 per ounce. "Gold prices traded marginally down with spot gold prices at COMEX (New York-bas...
April 27, 2021
Gold rate today: Yellow metal edges lower; silver near Rs 68,600 SECTIONS Share Synopsis Gold futures on MCX were down 0.10 per cent or Rs 48 at Rs 47,414 per 10 grams. Silver futures dropped 0.07 per cent or Rs 50 to Rs 68,630 per kg. Shutterstock.com Spot gold was down 0.1 per cent at $1,777.93 per ounce by 0318 GMT. US gold futures fell 0.1 per cent to $1,778.10 per ounce. Related NEW DELHI: Gold and silver futures were trading with cuts on Tuesday as a firmer dollar dulled their appeal, whi...