Tag: gold prices

Chennai recorded the highest gold rate among the cities listed, at  ₹1,50,966.58 per 10 grams. (Unsplash/Representational)
Posted in Business

Gold price today: Why gold rates slipped today? Check city-wise prices

Gold prices declined on Tuesday, with the 24-Karat rate falling to ₹1,49,475 per 10 grams from ₹1,49,544 on the previous day. The 22-carat rate also…

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On the Multi Commodity Exchange (MCX), the yellow metal for December delivery fell  ₹1,020, or nearly 1 per cent, to  ₹1,49,370 per 10 grams. (REUTERS)
Posted in Business

Gold slips nearly 1% to ₹1.49 lakh/10g as firm dollar keeps lid on bullion recovery

Gold prices fell nearly 1 per cent to ₹1.49 lakh per 10 grams in futures trade on Monday as a stronger US dollar kept a…

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Gold prices rise after cooler US inflation data and lower Fed rate hike expectations. (Representative Image/Unsplash)
Posted in Business

Gold price today: Why is gold rising after cooler US inflation data?

Gold prices rose on Wednesday after US inflation data came in softer than expected. The cooler inflation reading weakened the US dollar and increased hopes…

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Gold steadied on Tuesday but remained near its seven-week low as investors assessed the possibility of US interest rates staying higher for longer. (Reuters) (Representative Image)
Posted in Business

Why are gold and silver prices falling? How oil prices, US interest rates are driving the decline

Gold and silverprices have come under pressure in India after a sharp fall in global bullion markets, as rising crude oil prices, higher US Treasury…

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The yellow metal of 99.9 per cent purity had closed at  ₹1,52,600 per 10 grams in the preceding session. (Representative Image/Unsplash)
Posted in Business

Gold declines ₹2,600 to ₹1.5 lakh/10g; silver tumbles ₹5,000 to ₹2.32 lakh a kg

Gold prices tumbled ₹2,600 to ₹1.5 lakh per 10 grams in the national capital on Monday, tracking a sharp selloff in global markets amid rising…

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Posted in Economy

Crude above $100 may push India inflation to 6%, RBI could hike rates 50 bps: Kotak

Crude oil staying above $100 a barrel could push India’s retail inflation towards 6% by the next quarter and put the Reserve Bank of India…

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Gold prices fall as rising oil prices and Fed rate hike bets put pressure on the precious metal. (Pexel)
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Gold price today: Why gold is falling as oil rises and Fed rate hike bets grow

Gold prices fell on Tuesday as rising oil prices increased inflation worries. Investors are now waiting for key US inflation data this week to understand…

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Gold prices remain have come down across major Indian cities (REUTERS)
Posted in Business

Gold prices today: Check 22K, 24K rates in Delhi, Bengaluru, Chennai, Mumbai

Gold prices have witnessed a sharp decline across major Indian cities over the past week. In Delhi, 24-carat gold has dropped from ₹1,63,242 per 10…

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Gold at a store as prices remain elevated across major Indian cities (REUTERS)
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Gold prices remain high in India; check 22K, 24K rates in Mumbai, Delhi, Bengaluru

Gold prices remained high in India on Monday, August 24, with 24-carat gold priced at ₹1,62,289 per 10 grams and 22-carat gold at ₹1,48,656.72 per…

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A salesman arranges gold bangles inside a jewellery showroom. (REUTERS)
Posted in Business

Gold price today: Check 22K, 24K rates in Delhi, Bengaluru, Chennai and Mumbai

Gold prices remained elevated across major Indian cities on Friday, with Delhi recording the highest rate for 24-karat gold among the cities covered. A salesman…

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