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gold price today: Gold price today: Yellow metal edges closer to Rs 48,000; silver above Rs 69,300


Synopsis
Gold futures on MCX were up 0.17 per cent or Rs 81 at Rs 47,853 per 10 grams. Silver futures advanced 0.16 per cent or Rs 112 to Rs 69,330 per kg.
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Spot gold was up 0.2 per cent at $1,787.11 per ounce by 0135 GMT, after hitting its highest since Feb. 25 at $1,797.67 on Thursday.
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NEW DELHI: Gold and silver futures were trading with gains on Friday as a softer US dollar, falling Treasury yields and a dip in equities after the US President Joe Biden's proposal to hike capital gains tax encouraged investors to flock towards bullion.
The dollar index fell 0.1 per cent against its rivals, making gold cheaper for other currency holders. US 10-year Treasury yield ticked lower on news that Biden will propose a tax hike for high earners, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers.

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gold price today: Gold price today: Yellow metal trades at Rs 48,200; silver trades above Rs 70,300


Gold rate today: Yellow metal trades at Rs 48,200; silver trades above Rs 70,300
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Gold rate today: Yellow metal trades at Rs 48,200; silver trades above Rs 70,300By
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Synopsis
Gold futures on MCX were down 0.06 per cent or Rs 28 at Rs 48,200 per 10 grams. Silver futures declined 0.03 per cent or Rs 22 to Rs 70,316 per kg.
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Spot gold was steady at $1,793.32 per ounce by 0244 GMT, after hitting its highest since Feb. 25 at $1,797.67.
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NEW DELHI: Gold and silver futures were trading below the flatline on Thursday but losses were checked by a sagging dollar and weaker US Treasury yields that boosted the metal's appeal.

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gold price today: Gold price today: Yellow metal edges lower; silver near Rs 68,400


NEW DELHI: Gold futures were trading lower on Tuesday after hitting a two-month high in the previous session, as a rise in US Treasury yields eclipsed support from a weaker dollar. On the other hand, silver futures gained.
Benchmark 10-year US Treasury yields rose above 1.6 per cent after hitting a five-week low last week, increasing the opportunity cost of holding non-yielding bullion. Gold is seen as a hedge against inflation that could follow stimulus measures, but higher Treasury yields have dulled some of the appeal of the non-yielding commodity this year.
Gold futures on MCX were down 0.18 per cent or Rs 86 at Rs 47,307 per 10 grams. Silver futures added 0.15 per cent or Rs 104 to Rs 68,428 per kg.

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gold price today: Gold price today: Yellow metal climbs to Rs 46,800; Silver near Rs 67,800


Synopsis
Gold futures on MCX were up 0.35 per cent or Rs 162 at Rs 46,770 per 10 grams. Silver futures added 0.20 per cent or Rs 137 to Rs 67,775 per kg.
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Spot gold rose 0.2 per cent to $1,738.96 per ounce by 0121 GMT. US gold futures were up 0.1 per cent to $1,737.90 per ounce.
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NEW DELHI: Gold and silver futures were trading higher on Thursday as a weaker dollar boosted the safe-haven metal's appeal, while investors awaited the release of weekly jobless claims and March retail sales data in the United States later in the day.
The dollar held near a three-week low against a basket of currencies on Thursday, as US bond yields levelled off following a surge last month. A weaker dollar makes gold cheaper for buyers outside the United States.

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gold rate today: Gold price today: Yellow metal firms up, trades near Rs 46,500


NEW DELHI: Gold futures were trading higher on Tuesday amid sharp rise in Covid-19 cases but a firmed up US Treasury yields capped the gains, with optimism about a quick economic rebound weighing on prices further.
Treasury yields in the United States have stayed marginally higher after a successful three-year note auction and ahead of important data releases this week, including consumer price inflation on Tuesday. Higher bond yields increase the opportunity cost of holding bullion, which pays no return.
Gold futures on MCX were up 0.11 per cent or Rs 50 at Rs 46,469 per 10 grams. Silver futures added 0.21 per cent or Rs 137 to Rs 66,265 per kg.

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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 rate today: Gold price today: Yellow metal trades near Rs 45,500; silver costlier by Rs 400


Gold rate: Yellow metal trades near Rs 45,500; silver costlier by Rs 400
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Synopsis
The dollar slumped to an almost two-week low versus a basket of rival currencies, while US Treasury yields also fell as investors paused recent selling of government bonds. Weaker Treasury yields translate into a lower opportunity cost for holding bullion, which pays no return.
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Spot gold was up 0.3 per cent at $1,733.31 per ounce, as of 0117 GMT. Gold futures were up 0.4 per cent at $1,735.10 per ounce.
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NEW DELHI: Gold futures were trading with gains on Tuesday as a weaker dollar made bullion cheaper and more attractive for buyers outside the United States, while a pull-back in US Treasury yields provided further support.

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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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