On Friday, the price of gold rose by Rs 250 from the previous day’s closing to Rs 52,310 for a gramme of 24-carat gold. In the meantime, a gramme of 22-carat gold costs Rs 47,950. Although gold is utilised as…
Tag: Gold
On Thursday, the price of 10 grammes of 24-carat gold increased by Rs 160 to Rs 52,250, while the price of one kilogramme of silver increased by Rs 400 to Rs 62,000. The price of 10 grammes of 22-carat gold…
Ten grams of 24-carat gold is selling at Rs 51,280 on Tuesday, up to Rs 720 since the last trade as demand rose for the safe-haven bullion. Ten grams of 22-carat gold is selling at Rs 47,000, up to Rs 660…
Gold consolidated above the key $1,800 per ounce level on Tuesday, after a sharp retreat in the last session, as some investors sought cover from pandemic-led uncertainty, inflation and its likely impact on the US Federal Reserve’s rate hike trajectory. But…
By Administrator_India Capital Sands Gold steadied as investors await Thursday’s U.S. inflation report that may provide clues on the Federal Reserve’s monetary policy path. On Wednesday, the 10-year Treasury yield fell below 1.5% for the first time in a month, helped by…
By Administrator_India Capital Sands Gold prices steadied on Monday as grim U.S. jobs data bolstered hopes for more fiscal stimulus, although optimism around coronavirus vaccine rollouts kept gains in check. Spot gold prices were steady at $1,837.04 per ounce by…
By Administrator_India Capital Sands It has been a year since the Rs 25 crore scam of Goodwin Jewellers happened. As many as 1,573 individuals were duped into buying a gold savings scheme that had promised to offer gold jewellery of up to…
By Administrator_India Capital Sands Gold was X on Wednesday morning in Asia, hit by U.S. President Donald Trump’s shock cancellation of talks over the latest stimulus measures and a strengthening dollar. Gold futures slid 1.17% at $1,886.45 by 11:44 PM ET…
By Administrator_India Capital Sands Umesh Patil, a farmer in western India, pawned 40 grams of gold jewellery to raise 130,000 rupees ($1,723.11) to buy supplies needed to plant his next crop. Many Indians are using gold to secure loans, bankers…
By Ritu, Capital Sands Gold inched up on Tuesday amid growing fears of a coronavirus resurgence in some countries and prospects of Sino-U.S. tensions flaring further, though gains were capped by a stronger dollar. Spot gold edged up 0.1% to…