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Gold price stable at Rs 46,690 per 10 gm, silver drops to Rs 69,000 a kg


Gold price on Friday remained unchanged at Rs 46,690, while
silver price fell by Rs 600 to trend at Rs 69,000 per kg, according to the Good Returns website.
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to differing excise duty, state taxes, and making changes in different states. In New Delhi, the price of 22-carat gold fell by Rs 350 to Rs 45,550 per 10 gm, while in Chennai it inched down to Rs 43,800. In Mumbai, the rate stayed at Rs 45,690--the same as yesterday, according to the Good Returns website.
The price of 24-carat gold in Chennai was down by Rs 160 to Rs 47,780 per 10 gm. In the international market, Gold prices fell to their lowest in more than seven months on Friday, on course for their worst week since the end of November, as rising US Treasury yields eroded the non-yielding bullion's appeal.

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Gold price at Rs 48,010 per 10 gm, silver trending at Rs 69,600 a kg

Read more about Gold price at Rs 48,010 per 10 gm, silver trending at Rs 69,600 a kg on Business Standard. In New Delhi, the gold price of 22-carat gold inched by Rs 100 to Rs 46,900 per 10 gm, while in Chennai it fell by Rs 150 to Rs 45,220

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Gold price rises to Rs 49,450 per 10 gm, silver trending at Rs 73,000 a kg


silver price was trending at Rs 73,000 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 inched up by Rs 190 to Rs 48,150 per 10 gm, while in Chennai it fell to Rs 46,250. In Mumbai, the rate rose to Rs 48,450, according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 50,450 per 10 gm.
In the international market, Silver stretched its rally to a third session on Monday, jumping as much as 11.2 per cent to a near eight-year high as retail investors switched focus to the metal from GameStop Corp and other stocks hyped up in social media.

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Gold price plummets by Rs 2,000 on rising bond yields, dollar; silver rates at Rs 63,800


Story
Gold price plummets by Rs 2,000 on rising bond yields, dollar; silver rates at Rs 63,800
On Multi Commodity Exchange of India (MCX), gold futures for February slumped 4% or Rs 2,086 to Rs 48,818 per 10 gram while silver futures tanked Rs 6,112 or 8.8% to Rs 63,850 per kg
Rupa Burman Roy | January 9, 2021 | Updated 13:18 IST
Prices further weakened after the 10 years US Treasury yield increased above 1%, its highest levels since March as Democrat control of the US Senate raised the prospects of large stimulus measures
Precious metals tumbled in line with the international market on Friday and traded near the key psychological level of Rs 48K.

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