Gold Prices Slump ₹ 270 on Slow Demand

Gold Silver Reports (GSR) – Global spot gold rate was down 0.1% at $1,256.79 an ounce after touching its highest since 26 June at $1,265.87 in the previous session. US gold futures for August delivery were 0.2% lower at $1,257.40 an ounce.

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Gold Prices Hold at ₹ 31,650 per 10 grams, Silver prices Rise by ₹ 250

Gold prices rise over 4% in January 2025

Gold Silver Reports (GSR) – Gold prices remained steady today at Rs 31,650 per 10 grams, while silver prices rose by Rs 250 to Rs 40,750 per kg following increased offtake by industrial units and coin makers amid firm global cues, reported news agency PTI. However, in global markets, gold prices hit a near two-week high as investors covered their short positions and the dollar slipped to its weakest since mid-June, while lingering US-China trade tensions also supported the metal. In Delhi, gold rates of 99.9% and 99.5% purity were steady at Rs 31,650 and Rs 31,500 per 10 grams, respectively.

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Gold Prices Slip Today on Weak Demand, Silver Reclaims ₹ 41000 Mark

Spot Gold

Gold Silver Reports (GSR) – Gold prices moved down by ₹ 55 to ₹ 31,595 per 10 grams on Tuesday, due to sluggish trend overseas amid slowing demand from local jewellers, reported PTI. Globally, gold prices hit its lowest in more than six months as a sell-off in global risk assets eased. Moreover, the metal remained under pressure from the prospect that rising US interest rates will further support the US dollar.

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Gold Prices Rise Today on Jewellers’ Buying, Silver Rate Slip

Gold Down as Equities Up Ahead of Fed Policy Meeting

Gold Silver Reports (GSR) – Gold prices edged higher by ₹ 50 to ₹ 31,650 per 10 gram on Monday on increased demand by local jewellers despite a weak trend overseas, reported PTI. Global gold prices edged lower, pressured by a strong US dollar amid prospects of higher interest rates, while global trade worries kept the precious metal supported above a six-month low hit last week.                   

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Gold Extends Gains on Jeweller Buying, Positive Global Cues

Gold Nudges Up But on Track for Worst Month Since November 2016

Gold Silver Reports (GSR) – Gold Extends Gains on Jeweller Buying, Positive Global Cues – In the national capital, gold of 99.9% and 99.5% purity added ₹15 each to ₹31,600 and ₹31,450 per ten gram, respectively………..It had gained ₹15 yesterday. Sovereign gold, however, remained unaltered at ₹24,800 per piece of 8 gram.

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Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns

Gold Price Sell-off Deepens despite Rising Tariff, Trade War Concerns

Gold Silver Reports (GSR) – Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns – Gold prices posted an outside weekly reversal off resistance off yearly open resistance earlier this month with the subsequent decline now approaching a series of parallels which could offer some near-term support. The region of interest is $1255/60. Keep in mind that weekly momentum has fallen to its lowest levels since January 2017 and further highlights the downside risk for bullion.

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