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Gold Price Today In India on June 2, 2021: Yellow Metal Slips, Silver Follows Suit

Gold, Silver Price Today, June 2, 2021: Yellow metal futures on MCX fell to Rs 49,363 per 10 gram. Silver futures fell to Rs 71,832 per kg. ....

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Gold Price Today At Rs 44,286 Per 10 Grams, Silver Rate At Rs 66,236 Per Kilogram 10 March 2021

Domestic spot gold closed at Rs 44,680 per 10 grams on Wednesday, and silver at Rs 66,370 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). Gold prices traded marginally down at COMEX (New York-based commodities exchange). The rally in equity indices and firm dollar may limit upside in precious metals for the day, said Tapan Patel, Senior Analyst, HDFC Securities.
In the international market, gold was trading marginally lower at $ 1,711 per ounce and silver was flat at $ 25.78 per ounce.
Promoted
Gold rallied sharply yesterday on correction in US bond yields and US dollar. Gold however eased today as US dollar recouped some losses. While gold sways along with the US dollar, support from US stimulus and Chinese equity market sell-off is countered by weaker investor interest. Gold may continue to sway along with US dollar however a sharp rise is unlikely unless bond yields corre ....

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Budget 2021: Government Rationalised Base Customs Duty On Gold, Silver From 12.5% To 7.5%; Should You Buy?

Presently, gold and silver attract a basic customs duty of 12.5 per cent.
Finance Minister Nirmala Sitharaman presented Budget 2021 on February 1 in the Parliament and announced that the government has decided to rationalise the custom duty on gold and silver in order to bring prices closer to previous levels. Gold and silver presently attract a basic customs duty of 12.5 per cent. Since the duty was raised from 10 per cent in July 2019, the prices of precious metals rose sharply. As part of Budget 2021, the base custom duty on gold and silver have been cut from 12.5 per cent to 7.5 per cent. Since the beginning of 2021, gold rates have been volatile after it hit a record high of Rs 56,196 per 10 grams in August last year. ....

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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 Today At Rs 49,125 Per 10 Gram, Silver Rate At Rs 66,699 Per Kilogram 21 January 2021

Gold Rates Today: Domestic spot gold closed at Rs 49,659 per 10 grams on Thursday
Gold Price in India: In the national capital, spot gold rates jumped Rs 575 to Rs 49,125 per 10 gm amid a firm global market trend, according to HDFC Securities. Silver prices were up by Rs 1,227 to Rs 66,699 per kg, as compared to the previous close of Rs 65,472. Multi Commodity Exchange (MCX) gold futures, due for a February 5 delivery, were last seen trading higher by 0.12 per cent - at Rs 49,595.00, having swung between Rs 49,555 and Rs 49,765 during the session compared to their previous close of Rs 49,534. Silver futures for a March 5 delivery were trading lower by 0.69 per cent at Rs 67,4500. (Also Read: Is Silver The New Gold?) ....

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