Gold and Silver prices Today: Yellow metal sees slight gain, Silver trades weak on MCX| City-wise ra
Gold and Silver prices Today: Yellow metal sees slight gain, Silver trades weak on MCX| City-wise rates here
As per the Multi Commodity Exchange (MCX) market rates, gold is trading on the higher side on May 19, whereas a slight dip has been observed in silver prices.
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UPDATED: May 19, 2021 10:24 IST
The price of gold futures maturing on June 4 stands at Rs. 48261 for 10 grams.
HIGHLIGHTS
On MCX, gold futures price stands at Rs. 48261 for 10 grams.
As per international market, the spot gold stood low at $1,866.54 per ounce.
Gold Price today 15-04-2021: Vipul Srivastava: Research Analyst, Metals & Energy Research at Religare Broking says that Gold is gradually gaining charm again after settling on lower levels. In India, physical demand is seen improving where gold imports surged last month to the highest monthly total in nearly two years as consumers are seen taking advantage of the slump in prices. The US dollar and bond yields are witnessing a pause after the recent highs which are positive for the metal. The dollar turned sluggish after the Fed maintained its dovish stance coupled with Biden’s $2 trillion stimulus package. Also, lockdown in European countries has lifted the metal’s safe haven appeal.
Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 11 April 2021 Apr 11, 2021, 09:01 IST
Gold rates today in India hiked by Rs 140 to Rs 44,700 from Rs 44,560 per 10 gm for 22 carats. While Silver prices are trading at Rs 67,000, where it fell by Rs 500 per kg. In Hyderabad, the gold price hiked by Rs 400 to Rs 43,400 for 22-carat from Rs 43,000 for 10 grams, in Chennai gold rate 22 Carat is Rs 43,740 and 24 Carat is Rs 47,720.
Gold Price Per Gram In India
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Gold price target 06-04-2021: Anand Rathi Securities Fundamental Analyst Jigar Trivedi says that MCX gold is likely to appreciate during intraday as expectation of a spike in the US inflation has underpinned the metal. He said that yesterday, MCX gold faltered marginally by approximately 0.15% for the June contract and Silver declined by nearly 0.9%.
Anand Rathi said that the ISM Services PMI jumped to 63.7 in March from 55.3 in February, well above forecasts of 59. The reading pointed to the strongest growth in services activity on record due to the lifting of coronavirus pandemic-related restrictions. The market has shrugged off the economic data. However, the dollar slumped to an almost two-week low versus a basket of rival currencies, while U.S. Treasury yields also fell as investors paused recent selling of government bonds.
Gold Rate Today in Hyderabad, Visakhapatnam, Bengaluru, Chennai on 17 March 2021 Mar 17, 2021, 08:12 IST
Gold rates today in India fell by Rs 30 to Rs 44,840 from Rs 44,870 per 10 gm, while silver as trading at Rs 67,600 from Rs 67,400, where it has been hiked Rs 200 per kg. In Delhi, the gold price of 22-carat fell by Rs 10 to Rs 44,160 from Rs 44,170, in Chennai it is hiked by Rs 20 to Rs 42,290 from Rs 42,270.
Gold Price Per Gram In India
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