Gold Price Today: Yellow metal prices fall by Rs 3,400/10 grams in 20 days; silver drops Rs 6,000/kg
Gold prices on MCX fell by Rs 3,400 in 20 days, opening at Rs 71,012 per 10 grams. Silver contracts on MCX also dropped sharply. The decline was triggered by a strong US jobs report impacting the USD and Federal Reserve decisions.
Gold Price Today: Yellow Metal opens flat at Rs 73,239 per 10 grams, silver rises Rs 3,200 in a day
Gold and silver prices at MCX remained flat with gold opening at Rs 73,239 per 10 grams and silver at Rs 93,650/kg.
Gold Price Today: Yellow metal opens slightly higher at Rs 72,914/10 gm; silver rises by Rs 1,100
Gold Price Today: In response to recent volatility in the bullion market, the August futures of gold opened 0.55% higher at Rs 72,914 per 10 grams, representing a gain of Rs 396. Both gold and silver rebounded from recent lows, attributed in part to interest rate cuts by the Bank of Canada.
Gold Rate Today: Yellow metal slips below Rs 71,300/10 grams, silver declines Rs 1370/-Kg
Gold prices declined on Monday as traders awaited further U.S. economic data following recent indications of stabilized inflation, raising expectations for a potential interest rate cut by the Federal Reserve later in the year.
Gold prices today: Yellow metal opens at Rs 72,105 per 10 grams; silver down by Rs 1,400/kg
Gold and silver prices at MCX showed high volatility ahead of U.S. GDP data. U.S. Fed member Kashkari's hawkish statements led to a surge in the dollar index and U.S. bond yields.
View: Central banks are moving over to the yellow metal to de-dollarise and tackle global uncertainty
Gold prices have surged to a record high of $2,400/oz, driven by uncertainty rather than demand. Central banks have significantly increased their gold holdings, with a notable shift towards ETF investments.
Don't stress on index; take home some money on metals and PSUs before June 4: Sanjiv Bhasin
Sanjiv Bhasin of IIFL Securities believes HDFC Bank will remain a market leader even during a market correction. He suggests taking profits on PSUs before an event as the market is fully priced. Bhasin says one should be stock specific, not place too much stress on the index because we could be headed for a bout of volatility with 500-700 points on the downside.
Gold Price Today: Yellow metal opens below Rs 72,000/10 grams, while silver flat at Rs 90,591kg
Gold prices on the MCX for June futures contracts slipped by Rs 126 or 0.18% to reach Rs 71,451 per 10 grams amid a backdrop of escalating treasury yields and profit booking.This decline in gold prices marks its most significant weekly drop of the year, following a record high earlier in the week.