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gold price today: Gold eases as US yields rise, but holds Rs 47,200/10 grams mark: What analysts say


Spot silver eked out a gain of 0.07 per cent to quote at $25.85 per ounce.
Back home, gold and silver of 99.9 per cent purity stood at Rs 47,174 per 10 grams and Rs 68,608 per kilogram in the spot market, respectively, according to Mumbai-based India Bullion and Jewellers Association (IBJA), an industry body. Both prices exclude GST.
#Gold and #Silver Opening #Rates for 20/04/2021#IBJA https://t.co/BuBnovhYIc IBJA (@IBJA1919) 1618900796000
What analysts say
The rebound in US yields overpowered the support from the sagging dollar. Market participants could receive certain updates regarding the $2 trillion infra plan after US President Joe Biden s meet with certain lawmakers yesterday, said Navneet Damani, VP-Commodities Research, Motilal Oswal Financial Services. ....

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Rubber extends losses amid Covid 2.0 concerns: How to trade


Rubber extends losses amid Covid 2.0 concerns: How to trade
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Synopsis
The March 31 contract quoted at Rs 16,200, down Rs 551 or 3.29 per cent from its previous close. In the spot market, rubber quoted at Rs 16,157 per quintal at last count, down Rs 187 or 3.30 per cent from its previous close.
iStock
Rubber has fallen sharply in the past few sessions, retreating 8.67 per cent from the year s highest level so far logged on April 5.
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Rubber prices on Monday tanked more than 4 per cent amid thin trade, as a surge in Covid-19 infections added to concerns about business activity and overall economic recovery. MCX rubber for April delivery traded Rs 664 or 4.02 per cent down at Rs 15,850 per 100 kg in afternoon deals. Earlier on Monday, it had moved in a Rs 602 range between Rs 15,600 and Rs 16,202 against its previous close at Rs 16,514 per quintal. ....

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Gold-Silver Price ; Gold-Silver ; Gold ; Silver ; In April, gold has crossed Rs 47,000 so far, it may become more expensive in the coming days. | अप्रैल में अब तक 3 हजार रुपए महंगा होकर 47 हजार के पार निकला सोना, आने वाले दिनों में और महंगा हो सकता है

Gold-Silver Price ; Gold-Silver ; Gold ; Silver ; In April, gold has crossed Rs 47,000 so far, it may become more expensive in the coming days. | अप्रैल में अब तक 3 हजार रुपए महंगा होकर 47 हजार के पार निकला सोना, आने वाले दिनों में और महंगा हो सकता है
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