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 βΉ48,210 per 10 gram.
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Gold Firms to Near 8-Year Peak as Virus Concerns Boost Demand
Gold prices edged higher on Tuesday, hovering near an eight-year high, as concerns over surging coronavirus cases around the world kept bullion’s safety demand elevated.
Gold Prices Ticks Up as Virus Fears Counter Gains in Equities
Gold prices edged higher on Monday, supported by worries over surging coronavirus cases, while an uptick in risk appetite among investors limited upside for the safe-haven metal.
Why Gold Prices are Rising Despite Weak Demand at Jewellery Shops
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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 metalβs safe-haven appeal.
Gold Prices on Back Foot as Investors Flock to Safety of Dollar – Gold Silver Reports
Gold prices edged lower in volatile trade on Thursday, as a spike in coronavirus cases and mounting economic tolls drove investors to the safety of the U.S. dollar and pressured risky assets.
Gold Imports Have Been Recording Negative Growth – Gold Silver Reports
Gold imports have been recording negative growth since December last year. India’s gold imports contracted for the fifth consecutive month in a row, falling by about 100 per cent to USD 2.83 million in April due to the lockdowns imposed globally on account of coronavrius outbreak.