Gold Silver Sentiment remained bearish on the back of a weak trend overseas as the dollar strengthened to a 10-week high against the yen, boosted by better-than-expected US gross domestic data for the fourth quarter, making bullion less attractive as a safe-haven investment, traders were quoted as saying in the PTI report. Gold prices had fallen by Rs. 570 in the previous two days.
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Gold Prices Fall By 60 Rupees
Gold prices fell by Rs. 60 to Rs. 34,530 per 10 grams at the bullion market on Tuesday reported news agency Press Trust of India (PTI).
Gold Prices Hold Above 34500 Rupees
Gold prices were flat at Rs. 34,590 per 10 grams on scattered demand while silver prices rose by Rs. 100 to Rs. 41,600 per kg in Delhi on Monday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Gold Extends gains on Wedding Season Demand, Positive Global Cues
Gold extended gains for yet another week at the bullion market with prices rising by another Rs 140 to Rs 34,590 per 10 gram as local jewellers continued their buying activity to meet ongoing wedding season demand, coupled with positive cues from global markets.
Gold Silver Slip on Muted Spot Demand
Gold Silver Reports (GSR) – Gold prices fell in futures trade on Friday dragged by muted demand at the spot market. Silver also fell on reduced orders from industrial units and coin makers.
Gold Prices Near one-week Lows as Investors Turn to Riskier Assets
Gold Silver Reports (GSR) — Spot gold was steady at $1,313.95 per ounce at 0349 GMT. Prices in the last session fell to their lowest since Jan. 29 at $1,308.20.
Gold Prices Rally is Put on Hold After ‘Monster’ US Payrolls Gain
The payrolls figures was a “monster number,” said Tai Wong, head of base and precious metals derivatives trading at BMO Capital Markets.