Jewellers Association Expected, Gold prices may touch Rs 48,500 by Gudi Padwa or Akshaya Tritiya as the spread of coronavirus affected global economy, Rupee depreciation and easing by central banks.
Gold Prices
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Gold Looks a Pretty Good Bet over the Medium Term
Spot gold fell 2.9% to close at $1,529.83 an ounce in New York, ending the week with a loss of 8.6%, the most since March 1983. On the Comex in New York, futures had their steepest weekly decline since 2011. In other markets, silver fell into a bear market, joining palladium and platinum as worries over economic fallout from the coronavirus pummel precious metals and other raw materials.
Gold Price Today: सोना 910 रुपये उछल कर 45680 रुपये प्रति दस ग्राम पर बिका
दिल्ली के सर्राफा बाजार में सोने-चांदी के रेट में भारी उछाल दर्ज की गई। सोना 910 रुपये उछल कर 45680 रुपये प्रति दस ग्राम पर बिका तो चांदी के रेट में 700 रुपये की तेजी आई। शुक्रवार को चांदी 700 रुपये तेज होकर 48 हजार रुपये किलो पर पहुंच गई। इससे पहले गुरुवार को सोना स्टैंडर्ड 100 रुपये गिरकर 44,770 रुपये प्रति दस ग्राम पर रहा। सोना बिटुर भी इतनी ही की गिरावट लेकर 44,600 रुपये प्रति दस ग्राम के भाव बिका।
Gold Rate Today: Yellow Metal and Depreciation in the Rupee Against the US Dollar
Gold Rate Today : MCX gold futures declined by Rs 1,026 per 10 grams – or 2.31 per cent – from their previous close to hit Rs 43,432 per 10 grams at the weakest level recorded during the session before recovering most of those losses.
Gold Prices Hit Life Time High, up ₹1,800 per 10 gram With in 5 Days
In global markets, gold prices on Friday jumped 1.6% to $1,646.20 an ounce as coronavirus concerns increased the safe-haven appeal of gold. Though China reported an uptick in new cases of coronavirus today, the rise in infections remained at its slowest pace since January.
MCX Gold Futures Up ₹200 to ₹40,530
MCX Gold Futures prices on January 27 rose by Rs 220 to Rs 40,530 per 10 gram in futures trade as speculators widened their bets in line with positive overseas trend.
Precious Metal was on Track to Post a Weekly Gain
Precious Metal – Spot gold fell 0.2 per cent to $1,560.50 per ounce by 0131 GMT. For the week, prices were on track to gain 0.3 per cent. US gold futures slipped 0.4 per cent to $1,559.20.