Gold prices in India is likely to be influenced international prices after Donald Trump’s inauguration day where he signed eight executive orders. However, concrete changes are yet to be announced especially related to US trade policy. Yesterday, 24K, 22K, and 18K gold prices climbed ahead of Trump’s inauguration with dollar index witnessing sour mood.
Gold prices in India
Yesterday Buy Gold Silver As Expected Fire; Jo Dar Gaya Samjho Mar Gaya
Buy Gold Silver As Expected Fire: Gold and silver prices today edged higher in Indian markets, following the uptick in global rates. On MCX gold futures were up 0.4% to ₹49,049 per 10 gram while silver rose 0.7% to ₹72622 per kg.
MCX GOLD 48802 TO 49137
MCX SILVER 72100 TO 72681
Gold prices today fall, a day after big gains; silver rates drop
Gold prices and silver prices dropped in Indian markets amid a strong rally in equity markets. On MCX, gold futures edged 0.15% lower to ₹49,879 per 10 gram, after rising to ₹50,175 earlier in the session. Silver futures fell 0.6% to ₹65,057 per kg. In the previous session, gold futures had jumped 1.5% or ₹750 per 10 gram while silver had surged 2.5% or ₹1,600 per kg.
Gold Prices Today Fall For 4th Time in Five Days, Silver Rates Drop – Gold Silver Reports
Gold prices in India today edged lower in early trade in futures market amid muted global rates. On MCX, August gold futures slipped 0.03% to ₹48,210 per 10 gram.
India Gold Prices Kiss Life-Time High As Virus Spike Lifts Safe-Haven Demand
Gold prices in India kiss life-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal’s safe-haven appeal.
Budget 2020: Commerce Ministry Seeks a Reduction in Import Duty on Gold Market
The Union commerce ministry has sought a reduction in the import duty on gold in the coming Union Budget, with a view to pushing manufacturing and export of the gems and jewellery sector, a source said.
MCX Gold Future Prices Two Month High of ₹38,763 per 10 gram
MCX Gold Future Prices has also benefitted from disappointing US economic data which strengthens the case that Fed may keep interest rate low,” Kotak Securities said in a note.