Silver futures prices in India jump by 0.20% on 11 January 2022
On 11 January 2022, silver futures prices on MCX in India jumped by Rs.123 or 0.20% and are at Rs.60,790 for a kg. On 10 January 2022, silver prices in the spot market were at Rs.60,351 per kg. In the international markets, silver prices jumped by 0.4% and were at $22.55 for an ounce. Like silver, gold futures prices on MCX jumped as well on 11 January.
Silver trading at Rs.60,900 per kg on Thursday
Silver was trading at Rs.60,900 per kg in Delhi on Thursday. The rate saw a decline of Rs.600 when compared to yesterday’s price. The price of the white metal in Mumbai was Rs.60,900 while in Chennai it was Rs.64,600.
Gold price also recorded a decline on Thursday. The price charged for 10 grams of 24-karat gold saw a drop of Rs.240 and was trading at Rs.47,910 in Mumbai. In Delhi, Kolkata, and Chennai consumers were required to shell out Rs.51,430, Rs.49,800, and Rs.49,300 respectively. It needs to be mentioned here that the price of gold varies across states in the country due to factors like excise duty, state taxes, and making charges.
Silver rates fall by Rs.81 in the national capital on 1 December 2021
According to HDFC Securities, silver prices in the national capital fell by Rs.81 on 1 December 2021 and were at Rs.61,031 for a kg. In the last session, the prices of the white metal closed at Rs.61,112 per kg. In the global markets, silver rates traded flat and were at $22.74 for an ounce. Like silver, gold prices fell in the national capital as well. Gold prices fell by Rs.302 and were at Rs.46,848 for 10 grams. In the previous session, the prices of the yellow metal closed at Rs.47,150 for 10 grams.
Silver prices remain high on 8 November 2021
The price of silver futures increased to Rs.391, or by 0.61%, to settle at Rs.64,723 per kg. In the spot market, silver prices were at Rs.63,551 per kg on 5 November 2021. Silver prices had reduced by Rs.500 during the review period in November. In the global market, spot silver increased by 0.3% to settle at $24.25 per ounce.
Silver futures plunge by nearly 0.52% on Wednesday
On the Multi Commodity Exchange (MCX), silver price plunged by nearly 0.52 percent or Rs.316.5 per kg on Wednesday. Following the drop in the rates, a kilo of the white metal cost Rs.60,874. The precious metal recorded a decline in the global market as well with the price slipping by 0.06% to cost $25.2 per troy ounce.
Gold price however increased since yesterday and was trading at Rs.46,680. The average gold price observed in the week was up by 0.79%. In the international market, the rate was up by 0.18% to cost $1,816.7 per troy ounce. On the MCX, gold futures in the country saw an increase of 0.38% to cost Rs.46,637 per 10 grams. The dollar to rupee conversion increased to Rs.74.6 as compared to previous close of Rs.74.5.
Silver prices fall in India on 20 August 2021
On 20 August 2021, silver prices fell by Rs.1,000 and were at Rs.62,500 for a kg. Like silver, gold prices fell on 20 August 2021 as well. 22-carat gold prices fell by Rs.370 and were at Rs.46,130 for 10 grams. In the last session, the prices of the yellow metal closed at Rs.46,500 per 10 grams. Gold jewellery prices in India depend on the making charges, state taxes, and excise duty. The prices of 22-carat gold in Delhi and Mumbai are at Rs.46,420 and Rs.46,130 for 10 grams, respectively. 24-carat gold prices fell by Rs.370 and were at Rs.47,130 for 10 grams. The prices of 24-carat gold in Delhi and Mumbai are at Rs.50,450 and Rs.47,130 for 10 grams, respectively.
Gold and Silver Prices on 5 August 2021
The price of 10 grams of 22-carat gold dipped by Rs.10 to Rs.46,950 on Thursday, 5 August 2021. Silver was selling at Rs.68,000 per kilogram, up Rs.400 from Wednesday, 4 August 2021.The price of 24-carat gold was Rs.47,950 per 10 grams, down Rs.10 from the previous day.
Silver price records an incline of Rs.50
Compared to Sunday’s price, the rate of silver witnessed an increase of Rs.50 on Monday in the country. The hike in the rates saw a kilo of the white metal cost Rs.67,100.
It needs to be mentioned here that as per the data released from the Commerce Ministry, silver imports recorded a drop of 93.7 percent during the first quarter of 2021-22.
Gold price on Monday didn’t see any change in the country. 10 grams of 22-karat gold was retailed for Rs.46,850 in Delhi, Rs.46.870 in Mumbai, and Rs.45,060 in Chennai. In India, the price of 24-karat gold stood at Rs.47,870 per 10 grams.
Silver futures prices fall in India on 12 July 2021
Silver futures prices on MCX in India fell by Rs.232 or 0.33% on 12 July 2021 and were at Rs.69,025 for a kg. According to the Indian Bullion and Jewellers Association, silver prices in the spot market closed at Rs.68,789 on 9 July 2021. In the international markets, silver prices jumped by 0.6% and were at $26.23 for an ounce. Like silver, gold futures prices also fell in India on 12 July 2021. Gold futures prices on MCX fell by 0.40% and were at Rs.47,732 for 10 grams. Gold prices in the spot market were at Rs.47,863 for 10 grams. Spot gold prices in the global markets jumped by 0.1% and were at $1,809.34.
Silver futures prices on MCX jump by 0.35% on 23 June 2021
Silver futures prices on MCX jumped by Rs.237.70 or Rs.0.35% on 23 June 2021 and were at Rs.67,912 for a kg. In the international markets, the prices of the white metal rose by 0.77% and were at $26.00 for an ounce. Like silver, gold futures prices jumped as well in India. Gold futures prices on MCX jumped by 0.13% and were at Rs.46,899 for 10 grams. In the last session, the prices of the yellow metal fell by Rs.61 or 0.14%. In the international markets, the prices of gold jumped by 0.15% and were at $1,781.40 for an ounce.
Silver futures slip by 0.55 percent on Wednesday
On Wednesday, silver futures on the Multi Commodity Exchange (MCX) slipped by 0.55 percent or Rs.398 to cost Rs.71,850 per kg. In the spot market, silver was priced at Rs.72.413 on Tuesday as per the Indian Bullion and Jewellers Association. The rate of the white metal was down by 0.1 percent in the international market and was trading at $27.88 per ounce.
Gold prices on Wednesday declined from a near five-month high recorded on Tuesday as global spot gold prices came down by 0.1 percent to cost $1,898.58 per ounce. US gold futures eased by 0.2 percent and was trading at $1,901.90 per ounce. On the MCX, gold futures shed 0.12 percent or Rs.61 to cost Rs.49,364 for every 10 grams.
Spot silver price in India today
On 21 May 2021, precious metals such as silver witnessed a drop. Silver dropped by 0.01% and now stands at $2.78 per Troy ounce.
The silver futures on MCX drops down by almost 0.56% or Rs.402.8 per kg and stands at the price level of Rs.71,920 per kg.
Gold rates drop by more than Rs.300; silver prices incline
Gold prices in Delhi dipped by Rs.317 to Rs.46,382 per 10 grams due to the international trend of the metal. In the previous session, the precious metal had closed at Rs.46,699 per 10 grams in the domestic market.
Silver prices, however, recorded an incline of Rs.2,328 to cross the Rs.70,000 per-kg mark at Rs.70,270 per kg compared to its previous closing price of Rs.67,942 per kg.
In the international market, gold prices were trading lower at $1,776 per ounce and silver recorded a flat trend at $26.42 per ounce.
Silver prices fall in India on 9 April 2021
Silver rates in India fell marginally on 9 April 2021. The prices of silver fell due to a strong dollar. However, over the course of the week, the prices of the white metal gained by Rs.1,894. On MCX, silver prices jumped in three sessions out of the five sessions. Currently, the ration between spot gold and silver is at 69.07 to 1. Silver futures prices for the month of May fell by Rs.540 and were at Rs.66,961 per kg. Silver futures prices for the month of July fell by 0.68% and were at Rs.68,051 for a kg.
Gold prices fall by Rs.1 on 30 March while silver increases marginally
On 30 March 2021, the prices of gold declined with 1 gram of 22-carat gold costing Rs.4,298, which was Rs.1 less than the price at the previous session. The price of 22 carat gold for 10 grams was Rs.42,980 which was Rs.10 lower than the previous day. The price of 24-carat gold also declined by Rs.10 from the previous session to settle at Rs.43,980. The prices of gold in various cities were as follows: In New Delhi, 22-carat gold cost Rs.44,070 per 10 grams and Rs.48,070 for 24-carat gold. In Chennai, the cost of 10 grams of 22-carat gold was Rs.42,240 while the cost of 10 grams of 24-carat gold was Rs.46,080. In Kolkata, the cost of 10 grams of 22-carat gold was Rs.44,200 while the cost of 10 grams of 24-carat gold was Rs.46,920. In Mumbai, it was Rs.42,980 for 10 grams of 22-carat gold while the same weight in 24-carat gold cost Rs.43,980. Silver prices saw a marginal increase of Rs.10 to settle at Rs.657 for 10 grams. Silver Rates in in Mumbai, Delhi, and Kolkata for one kilogram was Rs.65,700 while in Hyderabad and Chennai it was Rs.69,300.
Gold prices fall in metro cities; silver rates show substantial declines
Silver and gold prices showed a decline in their prices on 5 March due to international trends of the metal. 22-karat gold had dipped by Rs.47 to Rs.43,900 per 10 grams compared to its previous rate of Rs.44,370 per 10 grams. 24-karat gold also declined by the same rate from Rs.45,370 per 10 grams to Rs.44,900 per 10 grams.
Silver prices also showed a marginal decline by Rs.1,700 as the price of the metal dipped to Rs.66,200 per kg compared to Rs.67,900 per kg.
In New Delhi, the value of 24-karat gold was Rs.47,950 per 10 grams and in Chennai, it was Rs.46,020 per 10 grams.
The value of gold in the international market showed a fall by 0.17% to $1,694.10 per ounce.
Gold prices held steady below the Rs.47,000 per 10-gram mark; silver prices incline
The rate of gold and silver saw an incline in the market after a positive trend seen in the international market. Gold futures on the Multi Commodity Exchange was trading marginally higher by 0.05% at Rs.46,281 per 10 grams. Silver prices also inclined by 0.36% to Rs.69,691 per kg.
According to sources, gold prices traded near the $1,810 per ounce levels in the international market at COMEX after seeing some losses due to a positive U.S. bond yield.
In the spot market, gold prices increased by Rs.337 to Rs.46,372 per 10 grams and silver prices saw a substantial incline by more than Rs,1,000 to Rs.69,667 per kg.
In the international market, spot gold increased by 0.2% to $1,809.17 per ounce and U.S. gold futures were trading at $1,807.30 per ounce. Silver prices increased marginally to $27.73 per ounce.
Gold rates and silver rates witness a decline in the domestic market
Gold prices recorded a decline as the U.S. dollar recovered in the international market. On the Multi Commodity Exchange, gold prices dipped by 0.33% to Rs.48,702 per 10 grams, recording a consecutive decline for 5 days. In its previous session, gold prices had dipped by 0.11%
Silver prices, as well, dipped by 1% to Rs.65,866 per kg. Silver, on the previous day, had declined by 0.64%.
In the international market, gold prices had decreased as well. Spot gold had decreased by 0.3% to $1,839.21 per ounce. Silver prices also had dipped by 0.2% to $25.18 per ounce.
Gold prices increase to Rs.50,070, and silver rates gain 2.43%
Spot gold rates in India have increased to Rs.50,070 from Rs.50,060. It had been above the average gold rates observed over the week (Rs.50,028.5) by 0.08%.
Spot gold rates in India stand at Rs.50,070 and this had grown by 0.02%. The price had been lower than the international gold spot growth rate (1.19%). The international spot rate is $1921.3. The global spot rates had grown according to the current close with a value of $1,921.3 per troy ounce. The overall growth was 1.19%. The rate is 2.77% higher than average gold price which were observed over the past month ($1,868).
Gold and silver prices fall for second consecutive day
In Indian markets, the prices of silver and gold slumped again for the second day in a row, remaining lower than even the highest price in August, which was Rs.56,200, although it has risen higher than the lowest price point of Rs.48,000. On the Multi Commodity Exchange (MCX), gold futures edged were 0.06% lower at Rs.50,050 per 10 grams while silver was lower by 0.08% to settle at Rs.66,820 per kg.
Gold price rises by Rs.45 to Rs.48,273, Silver gains Rs.407
Prices of gold grew Rs.45 to Rs.48,273 per 10 gram in New Delhi on Tuesday.
Silver prices also rose Rs.407 to Rs.59,380 per kg, compared with Rs.58,973 per kg in the previous trade.
The spot rupee grew 4 paise stronger against the dollar during the day.
In the global market, gold and silver traded higher at $1,812 and $23.34 per ounce, respectively.
Gold plunges Rs.1,049, silver tumbles Rs.1,588
Prices of gold slumped by Rs.1,049 to Rs.48,569 per 10 gram in New Delhi on Tuesday following weak global trends and rupee appreciation.
Previously, the yellow metal had closed at Rs.49,618 per 10 gram.
Silver also dropped by Rs.1,588 to Rs.59,301 per kg from Rs.60,889 per kg in the previous trade.
In the international market, gold was trading lower at USD 1,830 per ounce and silver remained flat at USD 23.42 per ounce.
Silver rates trending at Rs.61,000 for a kg on 10 November 2020
The prices of silver are trending at Rs.61,000 for a kg on 10 November 2020. Silver futures prices for the month of December are at Rs.60,725 for a kg. Silver rates increased by Rs.694 and are at Rs.65,699 for a kg. In the previous session, silver rates were at Rs.65,005 for a kg. Gold futures prices for the month of December fell by 4.80% and were at Rs.49,665 for 10 grams. Spot gold prices in the international markets fell by 5.1% and are at $1,852.82 for an ounce.
Silver price trending at Rs.67,000 per kg
The white metal was trending at Rs.67,000 per kg on Monday. On the Multi Commodity Exchange (MCX), silver December futures were trading at Rs.61,316 per kg. It must be noted here that silver has recorded a drop of 9.4 percent to cost $24.25, its lowest level in over a month.
Gold rates also fell on Monday and was trading at Rs.54,760 for every 10 grams. In the national capital, the price charged for 10 grams of the 22-karat gold was Rs.50,200 while in Mumbai and Chennai, it cost Rs.50,300 and Rs.49,340 respectively. On the MCX, October gold futures fell by 2.4 percent to cost Rs.50,471 for every 10 grams.
Gold prices reach Rs.54,820 per 10 gm, and silver increases to Rs.68,560
Gold prices increased to Rs.54,820 from Rs.54,600 per 10 gm, and silver increased to Rs.68,560 from Rs.67,900 per kg. In New Delhi, the price of 22-carat gold had been Rs.50,250 per 10 gm, and in Chennai, it jumped to Rs 49,250. In Mumbai, the rate was Rs 49,490, according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 53,720 per 10 gm. On the MCX, October gold futures had decreased by 0.72% to Rs.51,774 per 10 gm, and silver September futures had been at Rs.68,991 per kg. In the previous trade, the precious metal had closed at Rs 52,104 per 10 gram. Silver prices also gained Rs 875 to Rs 69,950 per kilogram from its previous close of Rs 69,075 per kilogram.
Gold rates dip to Rs.52,319 and silver stands at Rs.66,153
The gold prices had fallen to Rs.52,319 per 10 gram and silver rates had dipped to Rs.66,153 per kg. In New Delhi, rates of 22-carat gold plunged to Rs.51,200 from Rs.51,850 per 10 gram during the previous trade. The rate of 24-carat was at Rs.55,850. In Chennai, the price for 22-carat dipped to Rs.50,840 and 24-carat had been Rs.55,460. In Mumbai, 22-carat had been sold at Rs.50,990. On the MCX, October gold futures had dipped by 1.07% to Rs.52,061 and September silver futures had been down by 0.36% at Rs.67,719 from Rs.68,129.
Gold rate drops to below the Rs.54,000 per 10-gram mark; silver prices plummet
Gold prices dipped to Rs.53,951 per 10 grams, declining by Rs.577 on 12 August 2020 while silver prices also recorded a fall by more than Rs.1,000 to Rs.71,211 per kg from Rs.72,354 per kg.
In New Delhi, the price of 22-karat gold dropped to Rs.53,450 per 10 grams and 24-karat gold was priced at rs.54,750 per 10 grams. In Chennai, the price of 22-karat gold was Rs.53,140 per 10 grams and 24-karat gold was Rs.58,030 per 10 grams.
On the Multi Commodity Exchange, gold futures dropped by nearly 6% to Rs.51,739 per 10 grams while silver futures recorded a higher drop by 12% to Rs.66,347 per kg due to the U.S. dollar value recovering in the market.
In the international market, the gold value dropped by 4.3% on 11 August which was its worst fall in 7 years due to the rising risk appetite amongst investors as Russia registered the world’s first COVID-19 vaccine.
Gold prices drop whereas silver rates peaks to cross the Rs.53,000 per kg mark
On Tuesday, gold prices dipped from Rs.49,110 per 10 grams to Rs.49,050 per 10 grams. On the other hand, the price of silver increased and crossed the Rs.53,000 per kg mark at Rs.53,150 per kg compared to its previous closing price at Rs.52,910 per kg.
In New Delhi, the value of 22-karat gold increased to Rs.47,850 per 10 grams and was at Rs.46,950 per 10 grams in Chennai. The value of 24-karat gold in Chennai was Rs.51,240 per 10 grams. On the Multi Commodity Exchange, gold futures recorded an increase of 0.12% to Rs.49,027 per 10 grams while silver futures for September increased to Rs.54,005 per kg.
On Monday, the value of gold had fallen marginally by Rs.31 to Rs.49,916 per 10 grams due to a weak trend in the international market.
Silver futures gain by 0.25 percent
Even though gold was trading close to the flatline, silver futures gained on Friday. The white metal gained 0.25 percent or Rs.126 to cost Rs.51,217 per kilogram. Gold futures were down 0.01 percent and was trading at Rs.48,875 for every 10 grams. It must be noted here that traders waited for clear signals before taking a bet as equities are racing ahead on hopes of swift recovery in economic activities.
In the international market, the yellow metal was set for a fifth straight weekly gain as it remained near the technical $ 1,800-per-ounce threshold. Spot gold was trading at $1,801.47 per ounce after increasing by 1.5 percent while U.S. gold futures increased by 0.2 percent to $1,806.80. On Thursday, the holdings of SPDR Gold Trust had slipped by 0.15 percent to 1,200.82 tonnes and silver had dipped by 0.4 percent to $18.60.
Gold prices show an incline; silver shows positive trends
With fresh COVID-19 cases surging across various countries, gold prices saw an incline in the international market due to increased safe-haven demand. The price of the metal increased from Rs.47,314 per 10 grams to Rs.47,540 per 10 grams according to the Indian Bullion and Jewellers Association.
In the National Capital Region, 22-karat gold was priced at Rs.46,000 per 10 grams compared to Rs.45,530 per 10 grams in the city of Chennai. On the Multi Commodity Exchange, gold futures for August increased to Rs.47,593 per 10 grams with an incline percentage of 1.21. Silver futures for July also showed a 2% incline and was priced at Rs.48,315 per kg.
In the international market, gold prices saw a fluctuating trend with fresh COVID-19 cases being reported all over the world. The price of the metal showed an incline with spot gold increasing by 0.2% at $1,727.86 per ounce and U.S. gold futures increased by 0.5% at $1,736.20 per ounce.
Gold and silver prices both showed steady inclines with Beijing’s government raising its emergency response level for COVID-19 from II to III.