Gold Silver Reports (GSR) – Gold had shed ₹50 to ₹33,170 per 10 gram on Tuesday. Bucking the trend, silver prices however today gained ₹20 to ₹39,120 per kg, tracking higher demand from industrial units and coin makers.
gold rate
Gold Price Rises as Growth Concerns Dent Risk Appetite
Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months.
Gold Rate Today: Gold in a Narrow Range on Muted Demand
Gold prices were little changed in futures trade on Friday amid tepid demand by jewellers at the spot market.
Gold Demand Gained 4% on Highest Central Bank Buying in 50 Years
Gold Silver Reports (GSR) – Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017 and in line with the five-year average of 4,347.5t. A multi-decade high in central bank buying (651.5t) drove growth.
Gold Prices Down Below Rs. 34000 On Weak Global Cues — GSR
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.
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 @ Two Week High on Trade Deal Hopes
Gold Silver Reports (GSR) – Spot gold had gained 0.1 percent to $1,322.41 per ounce as of 0747 GMT. The metal touched $1,325.30 earlier, just below a 9-month peak of $1,326.30 an ounce marked on Jan. 31.