Gold Price Today 11th August 2020: सर्राफा बाजार में 24 कैरेट सोने का हाजिर भाव 611 रुपये गिरकर 54,946 रुपये प्रति 10 ग्राम पर बंद हुआ। वहीं चांदी का हाजिर भाव 1405 रुपये प्रति किलो नीचे 75,394 रुपये पर बंद हुआ।
Gold Price Delhi
Silver My 2nd Target was 78000, Hit High 77949 – Enjoy – Neal Bhai
Silver My 2nd Target was 78000, Hit High 77949 – Enjoy – Neal Bhai
In global markets, gold prices were flat today, supported by weaker US dollar and hopes of more stimulus measures. Spot gold was steady at $2,039.75 per ounce, after hitting an all-time high of $2,055 in the previous session. US gold futures rose 0.3% to $2,055.90. Among other precious metals, silver fell 0.4% to $26.91 per ounce, while platinum rose 0.4% to $970.67.
Gold is Still Significant and The Main Trend Remains Bullish
Gold retreated after a nine-day rally that included a record high as positive results from a vaccine study curbed demand for the metal as a haven, spurring investors to cash in recent gains.
Gold Consumption Fell 56% From a Year Earlier to 165.6 Tons – GSR
Gold purchases by Indians this year are forecast to tumble to a record low as the coronavirus pandemic hurts the economy and prices surge to all-time highs, according to the World Gold Council.
Gold Prices Hit New Highs in Global Markets – Gold Silver Reports
Gold is off to a strong start this week in Indian markets after posting strong gains in the previous week. On MCX, August gold futures rose 1.5% or ₹800 to a record high of ₹51,833 per 10 gram, tracking a global rally. Silver prices also rallied today. Silver futures on MCX gained 5.5% or ₹3,400 to ₹64,617 per kg. In the previous week, gold prices had surged 4% while silver had jumped 15%.
India Flips To Discount On Physical Gold Amid Low Demand, Record Price
In India, dealers offered discounts of up to $6 an ounce over official domestic prices in thin trade, versus last week’s $2 premium. Domestic gold futures soared to a record Rs 50,948 ($681.21) per 10 grams on Friday.
Gold Settles at a Nearly 9-year high and Silver Scores Highest Finish since 2014 on Fiscal Stimulus Moves
Gold futures climbed Tuesday to settle at a nearly nine-year high and silver rallied to prices not seen since 2014, with the precious metals lifted by an agreement on a fiscal rescue plan by European leaders and expectations for additional spending by the U.S. government.
Gold is Looking Very Bullish Both in the Short- and Long-Term – GSR
Gold held steady above the key $1,800/oz level on Thursday, as worries over mounting COVID-19 cases offset hopes of a swift global economic recovery.
Spot Gold Eases As Economic Recovery Hopes Boost Risk Appetite
Spot gold fell 0.2% to $1,806.30 by 0046 GMT, after rising to its highest level since September 2011 at $1,817.71. U.S. gold futures eased 0.1% to $1,818.40 per ounce.
MCX Gold Price Trend And Trading Zone 47620—48734 – Neal Bhai
MCX Gold Price Trend Sidways – Gold yesterday settled down by 0.2% at 48134 as stronger dollar weighed on prices and investors remained cautious due to a surge in the number of coronavirus cases in the U.S.