Gold Silver Reports (GSR) — Traders attributed the sharp fall in silver prices to weak demand from industrial units and coin makers. Prices of gold of 99.99% and 99.5% purity fell by Rs 100 each to Rs 32,050 and Rs 31,900 per 10 grams respectively.
Silver rates today
Gold Prices have fallen about 11%from its April Peak
Gold Silver Reports (GSR) – Spot gold was little changed at $1,209.71 per ounce at 0431 GMT. On Friday, prices fell to their lowest since Oct. 11 at $1,206.13 per ounce. “Higher US interest rates and a stronger dollar are flashing red for gold investors,” said Stephen Innes, APAC trading head at OANDA in Singapore.
Gold Prices Rise Today After 4-Day Fall
Gold Silver Reports (GSR) — Gold prices climbed Rs 80 to Rs 32,150 per 10 gram while silver ended Rs 150 higher at Rs 38,150 per kg. Gold prices were on a downtrend last week, falling Rs 620 over four days. On Saturday, gold fell by Rs 180 to Rs 32,070 per 10 gram.
Gold Prices Slip for 3rd Day, Silver Rates Slump
The bullion market in Delhi was closed on Thursday on account of ‘Govardhan Pooja’. Gold prices had declined by Rs 210 to Rs 32,400 per 10 grams during special ‘Diwali Muhurat’ trading on Wednesday.
Gold Prices Slip Today, Silver Edges Lower
Global spot gold rate was little changed at $1,226.71 an ounce. It touched $1,233.26 on Monday, its highest since July 26. US gold futures were flat at $1,230.40 an ounce. Despite the recent rally in global gold rates, price of the precious metal remains down nearly 10% from its April peak.
Gold Prices Slip Today, Silver Rates slump – Gold Silver Reports
Gold prices today edged lower, tracking a weak overseas trend and subdued demand from local jewellers. But silver prices recorded a sharp fall amid reduced offtake by industrial units and coin makers. Gold prices fell by Rs 30 to Rs 31,870 per 10 gram while silver rates slumped by Rs 500 to Rs 39,300 per kg, according to a report from Press Trust of India. Sovereign gold, however, remained flat at Rs 24,600 per piece of 8 gram.
Gold Prices Hit over 1 Week High on Soft Dollar – Gold Silver Reports
Global gold prices hit highest in more than a week on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy’s plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy’s budget plan, which would widen the deficit significantly.