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Gold prices decline over 2%, down to one-week low; silver shreds 4.6%

Gold faced downward pressure as the main indexes of Wall Street began on a higher note, thereby reducing the demand for the safe-haven and non-interest-bearing asset.

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mcx gold price: Gold Price Today: Yellow metal up 1.3% WoW. Worsening Middle East crisis to boost appeal

Earlier in the week, it was reported that the US GDP in Q3 (advance estimate) grew at 4.90% on an annualised basis, which topped the forecast of 4.50%. Similarly, durable goods orders and pending home sales were better than estimates, thus the US data continue to throw upside surprises.

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Gold Price Today: Rates soften post yesterday's strong gains; what should invest

Gold pGold prices traded lacklustre in early trade on Wednesday, easing from a 1-1/2-month high touched in the previous session, dragged by a slightly stronger dollar. Investors are awaiting the Federal Reserve's interest rate decision next week.

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Gold price loses glitter! Should investors buy in dip? Here's where bullion is seen ahead

Despite gold losing shine amidst strong dollar and bond yields, the outlook for this yellow metal is likely to pick up momentum ahead and touch new chapters. By end of 2023, at home, gold is seen to range between 56,800-57,200.

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Gold rises as dollar struggles, economic risks persist

Gold rose on Monday as the dollar weakened and economic concerns persisted, while an import ban on the metal from Russia by four of the G7 countries also supported prices to some extent.

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Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 11 April 2021


Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 11 April 2021
Apr 11, 2021, 09:01 IST
Gold rates today in India hiked by Rs 140 to Rs 44,700 from Rs 44,560 per 10 gm for 22 carats. While Silver prices are trading at Rs 67,000, where it fell by Rs 500 per kg. In Hyderabad, the gold price hiked by Rs 400 to Rs 43,400 for 22-carat from  Rs 43,000 for 10 grams, in Chennai gold rate 22 Carat is Rs 43,740 and 24 Carat is Rs 47,720.
Gold Price Per Gram In India
Gram

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Gold price target Rs 50,000 - start buying says expert


Gold price target 06-04-2021: Anand Rathi Securities Fundamental Analyst Jigar Trivedi says that MCX gold is likely to appreciate during intraday as expectation of a spike in the US inflation has underpinned the metal. He said that yesterday, MCX gold faltered marginally by approximately 0.15% for the June contract and Silver declined by nearly 0.9%.
Anand Rathi said that the ISM Services PMI jumped to 63.7 in March from 55.3 in February, well above forecasts of 59. The reading pointed to the strongest growth in services activity on record due to the lifting of coronavirus pandemic-related restrictions. The market has shrugged off the economic data. However, the dollar slumped to an almost two-week low versus a basket of rival currencies, while U.S. Treasury yields also fell as investors paused recent selling of government bonds.

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Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 17 March 2021


Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 17 March 2021
Mar 17, 2021, 08:12 IST
Gold rates today in India fell by Rs 30 to Rs 44,840 from Rs 44,870 per 10 gm, while silver as trading at Rs 67,600 from Rs 67,400, where it has been hiked Rs 200 per kg. In Delhi, the gold price of 22-carat fell by Rs 10 to Rs 44,160 from Rs 44,170, in Chennai it is hiked by Rs 20 to Rs 42,290 from Rs 42,270.
Gold Price Per Gram In India
Gram

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