Gold Price Dips To Rs 47,953 Per 10 Gram; Silver Declines By Rs 965 A Kg
The gold/silver ratio currently stands at 69.51 to 1, which means the number of silver ounces required to buy one ounce of gold.
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The gold/silver ratio currently stands at 69.51 to 1, which means the number of silver ounces required to buy one ounce of gold.
In the futures market, silver for March delivery touched an intraday high of Rs 70,444 and a low of Rs 69,860 per kg on the MCX.
Silver futures soar to Rs 73,645 per kg on strong demand; up nearly 15% since January 28 In the futures market, silver for March delivery touched an intra-day high of Rs 73,888 and a low of Rs 71,650 per kg on the MCX. Silver Silver prices soared to Rs 73,645 per kg on February 1 as participants increased their long positions as seen by the open interest. The precious metal had gained 4.6 percent last week on the MCX. The white metal prices started with a gap up trade on February 1 in Asian trade, up by over 4.5 percent amid talks that silver was the new target for the retail crowd and a wav...
Gold prices steady this week, silver soars 4.69% on retail frenzy Gold holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell by 4.66 tonnes to 1,160.13 tonnes. Image: PTI Gold prices edged higher to Rs 49,330 per 10 gram on January 29 as participants widened their positions as seen by the open interest. The precious metal ended with a marginal loss of Rs 34 or 0.07 percent for the week. The yellow metal rose in two out of four trading sessions on the MCX in a holiday-shortened week, while COMEX gold eased $5.9 or 0.32 percent during the week. US President J...
The spot gold/silver ratio currently stands at 73.02 to 1, indicating that gold has outperformed silver.