Live Breaking News & Updates on 17 june 2020 gold price

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Gold price today at Rs 45,710 per 10 gm, silver trending at Rs 66,900 a kg


Gold price on Monday was slightly higher at Rs 45,710 per 10 gm compared to Rs 45,700 in the previous session. Silver is trending at Rs 66,900 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
In New Delhi, the price of 22-carat gold is at Rs 45,660 per 10 gm, while in Chennai it rose to Rs 43,750. The rate in Mumbai was Rs 44,710 according to the website. The price of 24-carat gold in Chennai was Rs 47,730 per 10 gm.
“Gold is currently in a consolidation phase, which is encouraging bargain hunters and long-term investors to step in and take advantage of low prices as gold may soon reverse direction decisively and recover”, said Chirag Mehta - Senior Fund Manager - Alternative Investments, Quantum AMC.

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Gold price today at Rs 48,450 per 10 gm, silver trending at Rs 65,000 a kg


Gold price on Tuesday rose to Rs 48,450 for 10 gm from Rs 47,180 and silver price trending at Rs 65,000 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
In New Delhi, the price of 22-carat gold is at Rs 44,410 per 10 gm, while in Chennai it fell to Rs 42,580. The rate in Mumbai was Rs 44,200 according to the website. The price of 24-carat gold in Chennai was Rs 46,460 per 10 gm.
Gold was marginally lower by Rs 15 to Rs 44,949 per 10 gram in the national capital on Monday amid muted trading and tepid global trends, according to HDFC Securities.

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Gold price today at Rs 47,180 per 10 gm, silver trending at Rs 63,200 a kg


Gold price on Thursday fell to Rs 47,180 from Rs 47,450, while silver price was trending at Rs 63,200 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
In New Delhi, the price of 22-carat gold is at Rs 43,250 per 10 gm, while in Chennai it fell to Rs 41,740. In Mumbai, the rate was Rs 43,370 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 45,540 per 10 gm.
Gold gained Rs 44 to Rs 44,347 per 10 gram in the national capital on Thursday, supported by weaker rupee and overnight gain in global precious metal prices, according to HDFC Securities. It had closed at Rs 44,303 per 10 gram in the previous trade. Silver, however, dipped Rs 637 to Rs 64,110 per kg, from Rs 64,747 per kg in the previous trade.

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Gold price today at Rs 48,160 per 10 gm, silver trending at Rs 67,600 a kg


Gold price on Wednesday fell to Rs 48,160 from Rs 48,170, while silver price was trending at Rs 67,600 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
In New Delhi, the price of 22-carat gold is at Rs 44,150 per 10 gm, while in Chennai it fell to Rs 42,270. In Mumbai, the rate was Rs 43,840 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 46,110 per 10 gm.
Gold edged lower on Tuesday, pressured by an uptick in the dollar, as investors awaited policy cues from a two-day US Federal Reserve meeting.

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Gold edges higher; set for worst week in over two months on dollar strength

Read more about Gold edges higher; set for worst week in over two months on dollar strength on Business Standard. Spot gold rose 0.1% to $1,794.11 per ounce by 0247 GMT. Prices fell over 2% to their lowest level since Dec. 1 on Thursday

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Gold set for biggest weekly drop since Nov; silver set for weekly decline

Read more about Gold set for biggest weekly drop since Nov; silver set for weekly decline on Business Standard. ilver headed for its worst week in three after retreating sharply from multi-year highs hit earlier this week on the back of increased interest from retail traders

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Gold set to post weekly, monthly decline on firmer dollar rising 0.2%

Read more about Gold set to post weekly, monthly decline on firmer dollar rising 0.2% on Business Standard. Spot gold was unchanged at $1,840.91 per ounce by 0058 GMT. Prices were down 0.6% for the week and 2.9% for the month. U.S. gold futures rose 0.1% to $1,839.70

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India's gold jewellery demand down 42% in 2020 to 315.9 tonnes: WGC

Read more about India's gold jewellery demand down 42% in 2020 to 315.9 tonnes: WGC on Business Standard. Total investment demand for 2020 was down by 11 per cent at 130.4 tonnes in comparison to 145.8 tonnes in 2019, according to WGC's latest Gold Demand Trends report

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Gold steadies as prospects of major US stimulus offsets firm dollar

Read more about Gold steadies as prospects of major US stimulus offsets firm dollar on Business Standard. Earlier in the session, the U.S. dollar held near a four-week peak against rival currencies, making gold expensive for holders of other currencies

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Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,300 a kg

Read more about Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,300 a kg on Business Standard. In New Delhi, the gold price of 22-carat gold is at Rs 48,350 per 10 gm, while in Chennai it fell to Rs 46,620

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