Gold Price Today 12-03-2021: Gold Price MCX (Multi Commodity Exchange) has been losing its shine from September 2020 and in the last week it hit below Rs 44,000 per 10 gm. However, much to the relief of investors, gold has been witnessing some short coverings and has been able to regain some of the lost grounds in recent times. Gold price today at MCX is Rs 79 up at Rs 44,871 per 10 gm. According to bullion experts, gold price has probably bottomed out and advised investors to start accumulating gold till it sustains above $1,650 per ounce in the international market. They also said that there can be sharp recovery in the gold price once it breaks $1,750 per ounce resistance and sustains above $1,760 per ounce levels in the international markets.
Gold prices down ₹122, silver up ₹587
Updated:
Updated:
March 08, 2021 18:20 IST
Gold prices fell by ₹122 to ₹44,114 per 10 grams; Silver rose by ₹587 to ₹65,534 per kg
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Gold prices fell by ₹122 to ₹44,114 per 10 grams; Silver rose by ₹587 to ₹65,534 per kg Gold prices on March 8 fell by ₹122 to ₹44,114 per 10 grams in the national capital, in line with weak international market trend, according to HDFC Securities.
The precious metal had closed at ₹44,236 per 10 grams in the previous trading session.
Silver, on the other hand, rose by ₹587 to ₹65,534 per kg as compared to the previous close of ₹64,947 per kg.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, Spot prices for 24 karat gold at Delhi fell ₹122 in line with weak in COMEX (New York-based commodities exchange) gold prices. In the international market, gold was trading lower at $1,699 an ounce and silver was however up at $25.31 an ounce.
Gold price rises ₹241; silver jumps ₹781
Updated:
Updated:
March 01, 2021 18:06 IST
Gold prices rise by ₹241 to ₹45,520 per 10 gram; Silver jumps by ₹781 to ₹68,877 per kg
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Gold prices rise by ₹241 to ₹45,520 per 10 gram; Silver jumps by ₹781 to ₹68,877 per kg Gold prices on March 1 rose by ₹241 to ₹45,520 per 10 grams in the national capital in line with the strong global bullion market trend, according to HDFC Securities.
The precious metal had closed at ₹45,279 per 10 grams in the previous trading session.
Silver also jumped by ₹781 to ₹68,877 per kg, compared with the previous close of 68,096 per kg.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Spot prices for 24 karat gold in Delhi rose by ₹241, in line with the recovery in global gold prices while rupee appreciation capped upside.” The spot rupee was trading around 16 paise stronger against the dollar, halting three days of loss, during the intra-day
Gold prices on February 25 declined by ₹358 to ₹45,959 per 10 grams in the national capital, amid selling in the international markets, according to HDFC Securities.The precious metal had closed at ₹4
Gold prices in the national capital declined by ₹320 to ₹45,867 per 10 grams on February 18, according to HDFC Securities.In the previous trade, the precious metal had closed at ₹46,187 per 10 grams.S