Gold Returns News Today

Gold has worked as an excellent hedge against inflation and preserved its value even during economic uncertainties. When it comes to return, tripling of the value of an asset is a significant milestone and when it comes to gold the trend in the time taken to its tripling has been quite erratic from 6 years to 18 years. With current price of 10 gram gold 999 has reached near Rs 74000, so most investors are curious when will it reach near Rs 2 lakh. Here is what the experts predict.

The redemption price of SGB is based on the simple average of the closing price of gold of 999 purity of the week (Monday, November 20-Friday, November 24), preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd. (IBJA).

The Fed policy decision will be announced later today, followed by the ECB on Thursday and BOJ on Friday

Gold Price Today (June 12): Gold is selling at Rs 48,350 per 10 grams in India. 

The price of 22 carat gold in India today, June 11, stood at Rs 47,950 per 10 grams. 

Gold funds offer -2.52% returns in 3 months. Is the rally over? Synopsis Gold prices in India fell amid weak global cues today to a one-month low. Falling for three consecutive days, gold futures on MCX fell 0.14% to over one month low of Rs 48,636 per 10 gram. Gold funds and ETFs are under scanner for the drop in their performance in the last three months. Experts blame the fall in gold fortunes on the global vaccination drives and optimism around the world economies. Gold prices in India fell...