Gold prices in India rose on Wednesday amid the economic uncertainty and the gains in prices of the yellow metal in the global markets. Currently, the June contract of Gold on the MCX is trading at Rs 47,275 per 10
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades, news agency Reuters reported citing a government source. The reason for this, according to Reuters, is the ban on air travel and closure
As stocks and bonds as investment avenues do not show much hope under current market conditions, gold could be the asset to put your money in. If analysts at Bank of America Securities (BofA Sec) are to be believed, gold prices
MUMBAI – Gold contracts on the Multi Commodity Exchange of India hit a fresh record high of 47,138 rupees per 10 gm today as the rupee hit a new all-time low of 76.87 a dollar, and on tracking gains in parent contracts
Thanks to the coronavirus-induced global economic uncertainty and the developments surrounding it, the price of gold — the precious metal generally accepted as a safe haven asset and a hedge against inflation — is on a roll again. On Thursday, the price of a
Gold prices in India touched new highs today, crossing the ₹46,700 level per 10 gram in futures market. On MCX, June gold futures rose as much as 1% to a new high of ₹46,785 per 10 gram before closing 0.9% higher at ₹46,716.
Gold prices gained Rs 201 to Rs 43,876 per 10 gm in Mumbai’s bullion market on the back of a weak rupee versus the dollar, but the upside was capped by weakness in the global market. Major gold trading centres
Mumbai/Chennai: Gold jewellers and stores across India wear a deserted look adhering to Prime Minister Narendra Modi’s suggestion for a strict 21-day isolation. 90 percent of gold jewellers in the country have already shut their shops, paying heed to the PM’s
Gold prices in India moved higher, tracking gains in global markets as heightened fears of the economic impact of the coronavirus prompted investors’ flight for the safe-haven asset. Gold prices jumped internationally as a rising number of cases of coronavirus
Gold prices on MCX were trading a tad lower on Monday, after witnessing a minor profit booking in the opening session. “The yellow metal had risen by more than 300 points on last Friday, witnessed a minor profit booking in
