Gold Price Today: Gold silver prices recovered from a near 9-month low on Monday. After witnessing some momentum, the price of one gram of 22-carat gold rose to Rs 4,386 today.
Gold prices have had a tough start to the New Year, with price action proving haphazard. Volatility hasn’t exploded or collapsed, leaving gold prices adrift, easily succumbing to the cross-currents presented by other asset classes, politics, fiscal stimulus speculation, and monetary policy.
Barrick Gold Corp. produced more of the precious metal with lower costs in the 4th quarter than the previous period as it met its fullyear gold guidance amid the global pandemic.
Gold price and silver futures prices in the domestic market traded with cuts on Wednesday amid uncertainty around elections in Georgia, which will decide how easy it will be for US President elect Joseph Biden to take decisions during his presidency.
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit. Gold prices in India rallied 28 per cent in rupee terms so far in the year 2020, following a double-digit gain in the previous year.
Silver and gold prices today were lower today in Indian markets as optimism around COVID-19 vaccines roll-outs offset hopes of a US stimulus package being passed this week.