Silver prices trade at Rs.63,600 for a kg on 19 October 2021
The prices of silver in India were trading at Rs.63,600 for a kg on 19 October 2021. Gold prices were unchanged on 19 October and were at Rs.48,070 for 10 grams. Gold jewellery prices in India are different in every state and depend on the making charges, state taxes, and excise duty. The prices of 22-carat gold in Delhi, Mumbai, and Chennai are at Rs.46,450, Rs.47,070, and Rs.44,620 for 10 grams, respectively. The prices of 24-carat gold in Delhi, Mumbai, and Chennai are at Rs.50,670, Rs.48,070, and Rs.48,680 for 10 grams, respectively.
Gold prices drops, silver loses sheen
Gold prices dropped slightly after a slight rise in inflation than expected.
Gold futures on MCX dropped marginally 0.10% at Rs.47,213 per 10 gram. Silver futures slipped 0.29% at Rs.63,399 per kg. Price of spot gold remained flat at $1,802.92 per ounce. US gold futures fell 0.2% to $1,804.30. Silver prices dipped 0.3% to $23.76 per ounce. Platinum dropped 0.4% at $935.52 while Palladium fell 0.3% to $1,971.91.
Gold price today at Rs 46,490 per 10 gm, silver trending at 63,400 a kg
10 gram of 22-carat gold price dropped Rs.160 to retail at Rs.46,490. Previously, gold had closed at Rs 46,650 per 10 grams. Silver was retailing at Rs.63,400 per kg, increasing Rs.600 from the previous trade. In New Delhi and Mumbai, 10 gm of gold were being sold at Rs.46,500 and Rs.46,490 respectively. In Chennai, the precious metal is being traded at Rs.44,740. The price of 24-carat gold slipped by Rs.160 to Rs.47,490 per 10 gm. The price of gold in New Delhi is being quoted at Rs.50,700 per 10 gm (24 carat), while in Mumbai it is Rs.47,490.
Silver futures prices fall by 0.13% on 5 August 2021
Silver futures prices on MCX fell by Rs.88 or 0.13% on 5 August 2021 and were at Rs.67,714 for a kg. In the international markets, the prices of the white metal fell by 0.06% and were at $25.20 for an ounce. Like silver, gold futures prices on MCX fell on 5 August 2021 as well. Gold futures prices fell by 0.13% and were at Rs.47,811 for 10 grams. In the previous session, the prices of the yellow metal fell by Rs.62.20 or 0.04% for 19 grams. In the global markets, spot gold prices jumped by 0.18% and were at $1,816.70 for an ounce.
Silver trending at Rs.67,500 per kg on Tuesday
On Tuesday, the price of silver was up by Rs.400 for every kilo and was trending at Rs.67,500 per kg. The price of 22-karat gold remained unchanged in Mumbai while in Delhi, it witnessed an increase of Rs.100 to cost Rs.46,950 per 10 grams. In Chennai, the rate charged was Rs.45,200 per 10 grams. The price of 24-karat gold was priced at Rs.47,870 per 10 grams after the rate didn’t see any change. It needs to be mentioned here that on Monday, gold price in the international market edged lower as investors turned cautious ahead of US Fed’s policy meeting. The futures of spot gold and U.S. gold were down by 0.2 and 0.1 percent and was trading at $1,798.41 and $1,799.20 per ounce.
Price of silver grew by 0.2 percent on Monday
On the Multi Commodity Exchange (MCX), silver futures grew by around 0.2 percent or Rs.140.6 per kilogram on Monday. The increase in the price of the white metal saw a kilo cost Rs.70,289. In the global market, silver price plunged by 1.02 percent to cost $26.6 per troy ounce.
Spot gold price in India witnessed an increase of 0.02 percent since yesterday as the rate recorded in the global market shot up by 0.39 percent. Following the increase, spot gold price in India and the international market stood at Rs.47,440 and $1,798.7 respectively. On the MCX, gold futures showed an upsurge of 0.31 percent to cost Rs.47,466 for every 10 grams.
Gold price today at Rs 46,220 per 10 gm, silver trending at Rs 67,600 a kg
The cost of 22-carat gold dropped to Rs.46,220 for 10 gm from Rs.47,350 on Friday. Silver prices also fell Rs.67,600 per kg.
The price of 22-carat gold in New Delhi fell to Rs.46,140 per 10 gm. The price of gold in Chennai declined to Rs.44,290. The cost of 22-carat gold in Mumbai is Rs.46,220.
The price for 24-carat gold also dropped to Rs.47,220 per 10 gm on Monday.
Silver prices also dropped Rs.2,700 to Rs.67,600 from Rs.70,300 per kilogram.
The value of Indian rupee slid 15 paise to 74.23 against the US dollar in opening trade on 18 June.
Spot gold dropped 0.1% to $1,770.96 per ounce. US gold futures also fell 0.3% down at $1,769 an ounce.
Yellow metal flat, silver slips to Rs.71,600
Prices of gold moved closer to the key level of $1,900 an ounce on Tuesday due to the value of dollar depreciating and lower bond yields, while traders wait for the release of US data later this week to measure inflationary pressure. Gold traded flat in the domestic markets.
Gold futures on Multi Commodity Exchange (MCX) dropped 0.01% or Rs.5 at Rs 49,138 per 10 grams. Silver futures slipped 0.29% or Rs.210 to Rs.71,607 per kg. In the spot market, highest purity gold was retailing at Rs.48,806 while the price of silver was Rs.70,750 on Monday.
Spot gold remained flat at $1,899.94 per ounce. US gold futures rose 0.2% to $1,902.80 per ounce. Silver prices also grew 0.1% to $27.89 per ounce, while palladium rose 0.1% to $2,837.76. Platinum prices gained 0.1% to $1,174.02.
Gold falls Rs.116; silver drops Rs.1,291
The price of gold dropped by Rs.116 to Rs.48,772 per 10 grams in New Delhi on Wednesday in line with drop in the price of global spot gold.
In the previous trade, the price of gold had ended Rs.48,888 per 10 grams.
The price of silver also slipped Rs.1,291 to Rs.70,836 per kg, from Rs.72,127 per kg in the previous trade.
In the global market, price of gold fell at $1,898 per ounce while the prices of silver remained unchanged at $27.74 per ounce.
Indian spot gold rate and silver price on Monday
Prices of spot gold in India remained unchanged at Rs.47,000.
Prices of the yellow metal saw an upward trend in the global market. Spot gold grew by 0.14% to $1884.0 per Troy ounce. Prices of silver rose 2.11% to $27.6 per Troy ounce.
Silver rates fall by 0.59% for the week that ended on 15 May 2021
Silver prices in India fell by 0.59% for the week that ended on 15 May 2021. The main reasons for the fall in prices were a volatile rupee and a strong value of the rupee. Over the last five trading sessions, the prices of silver jumped in three sessions. The ratio between spot gold and silver is at 67.24 to 1. Silver prices for the month of May jumped by Rs.607 and were at Rs.71,080 for a kg. Silver futures prices for the month of July jumped by Rs.610 and were at Rs.72,212 per kg.
Silver price records an increase of Rs.385 for every kilogram
On the Multi Commodity Exchange (MCX), silver futures were up by 0.55 percent on Wednesday. The increase in the price saw a kilogram of the white metal cost Rs.70,033. In the global market, silver was trading steady at $26.52 per ounce.
Gold rates were almost flat on Wednesday given concerns over the possibility of higher US interest rates countering a subdued dollar. On the MCX, futures of the yellow metal increased by 0.20 percent or Rs.96 for every 10 grams. 10 grams of the yellow metal cost Rs.46,967 following the increase in the rates. In the international market, spot gold price remained unchanged at $1,777.53 per ounce while US gold futures recorded an increase of 0.2 percent to cost $1,779 per ounce.
Among other metals, palladium rates increased by 0.1 percent while platinum price dipped by 0.2 percent.
Gold prices decline by Rs.1,000 in the past 3 days; silver prices drop
Gold prices in India struggled to maintain its rising trajectory in the market while silver prices showed a flat trend. Gold futures on the Multi Commodity Exchange were trading marginally higher at Rs.47,561 per 10 grams and silver was trading at Rs.68,675 per kg.
In the previous two sessions, gold prices had fallen substantially after hitting its two-month high at Rs.48,400 per 10 grams in the previous week.
In the international market, gold prices were higher and were supported by a weaker U.S. dollar value and a soft trend in the U.S. Treasury yields. Spot gold was trading at $1,779.36 per ounce and silver prices increased by 0.2% at $26.04 per ounce.
Gold prices fall after hitting one-month high; silver rates decline
Gold prices saw a decline in the domestic market after increasing substantially in its previous session. On the Multi Commodity Exchange, gold prices dipped by 0.1% to Rs.46,320 per 10 grams. The price of the metal had crossed the Rs.46,000 per 10-gram mark at Rs.46,400 per 10 grams in its previous session.
Silver futures as well declined by 0.34% to Rs.66,405 per kg. In the previous session, the white metal had increased by 1.1% due to a sharp decline in the rupee value.
In the global market, gold prices were holding steady at $1,737.02 per ounce after dropping by 0.3%. Silver prices declined by 0.3% to $25.03 per ounce.
Silver futures trade lower on Wednesday
Pressured by a higher treasury yields on optimism around a quick economic recovery as vaccinations gain momentum, silver futures traded lower on Wednesday. On the Multi Commodity Exchange (MCX), silver futures dipped by 0.75 percent to cost Rs.62,650 per kg. In the spot market, the price of silver shed Rs.320 to cost Rs.63,212 per kg. In the global market, silver futures remained steady at $24.01 per ounce.
Gold futures of the MCX were down by 0.31 percent to cost Rs.44,284 for every 10 grams while in the spot market, the price of the yellow metal dipped by Rs.138 to cost Rs.44,113 per 10 gram in Delhi. In the international market, spot gold rate was down by 0.1 per cent to cost $1,683.56 per ounce while US gold futures traded at $1,685.10 per ounce. The holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund witnessed an increase of 0.1 percent to 1,037.50 tonnes on Monday.
Silver rates trending at Rs.66,000 for a kg on 24 March 2021
Silver rates fell by Rs.117 in the national capital on 24 March 2021 and are at Rs.65,299 for a kg. In the previous session, the prices of the white metal were at Rs.65,416 for a kg. Like silver, the prices of gold also fell in the national capital on 24 March 2021. Gold prices in New Delhi are at Rs.48,050 for 10 grams. In the previous session, the prices of the yellow metal were at Rs.48,220 for 10 grams. Gold rates in India are different in every state and depend on the making charges, state taxes, and excise duty. Spot gold prices in the international markets fell by 0.3% and were at $1,734.31 for an ounce. Gold futures prices in the US fell by 0.3% as well and were at $1,733.70 for an ounce.
Gold prices fall; silver trading at Rs.66,200 per kg
Gold prices showed a decline by Rs.470 to Rs.44,900 per 10 grams on 5 March. Silver also recorded a substantial fall in its prices by Rs.1,700 to Rs.66,200 per kg.
In New Delhi, the price of 22-karat gold had declined by Rs.650 to Rs.43,950 per 10 grams and in Chennai, had declined by Rs.470 to Rs.42,170 per 10 grams. The value of 24-karat gold fell by Rs.500 in Chennai at Rs.46,020 per 10 grams.
In the international market, the price of gold increased after hitting prices nearing a 9-month low in the previous session. However, the U.S. Treasury yields continued their positive trend overshadowing the bullion.
Spot gold increased marginally by 0.5% to $1,719.21 per ounce. U.S. gold futures had increased by 0.1% to $1,717.50 per ounce.
Gold price dips to Rs 46,750 per 10 gm, silver declines to Rs 70,200 a kg
Prices of gold slumped Rs.46,750 per 10 gm on Friday, while prices of silver fell to Rs.70,200 per kg.
In New Delhi, the rate of 22-carat gold fell by Rs.350 to Rs.45,550 per 10 gm, while in Chennai it dropped by Rs.450 to Rs.43,720. In Mumbai, the price slumped to Rs.45,750. The rate of 24-carat gold in Chennai also dropped by Rs.460 at Rs.47,710 per 10 gm.
Gold prices stable at the Rs.46,000 per 10-gram range; silver prices hold steady in the market
Gold prices showed no change in the domestic market on 22 February and were Rs.46,130 per 10 grams. Silver prices, as well, showed a steady trend at Rs.69,000 per kg.
In New Delhi, the price of 22-karat gold increased marginally by Rs.10 to Rs.45,410 per 10 grams and in Chennai, was Rs.43,770 per 10 grams. The value of 24 karat gold was also up by Rs.10 to Rs.47,750 per 10 grams.
According to sources, the local demand for the metal has been on the rise since the import duty and price correction were put in place during the Union Budget 2021 announcement.
In the international market, spot gold traded higher by 0.3% to $1,780.86 per ounce and U.S. gold futures settled at 0.1% higher at $1,777.40 per ounce.
Gold prices begin week slightly up at Rs.46,335, silver rises by over Rs.400
Price of gold on Multi Commodity Exchange (MCX) grew by 0.3% or Rs.138 to Rs.46,335 per 10 gram on Monday. Silver futures rose by 0.64% or Rs.439 to Rs.69,451 per kg.
Rates of gold grew marginally in the global market as the spot gold rate went up by 0.1% to $1,783.56 per ounce while US gold futures grew 0.4% to $1,784.40. Silver also grew 1.1% to $27.06 per ounce.
Gold prices recover marginally after seeing continuous declines; silver prices remain flat
The value of 22-karat gold increased marginally by Rs.10 to Rs.48,480 per 10 grams and 24-karat gold was priced at Rs.49,480 per 10 grams. In New Delhi, the value of 22-karat gold was Rs.48,470 per 10 grams and the price of 24-karat gold was Rs.52,870 per 10 grams.
In Kolkata, gold prices were at Rs.48,820 per 10 grams for 22-karat gold and Rs.51,520 per 10 grams for 24-karat gold. Comparatively, in Chennai, gold prices were lesser at Rs.47,020 per 10 grams for 22-karat gold and Rs.51,290 per 10 grams for 24-karat gold.
Silver prices remained flat on 11 January at Rs.63,900 per kg in Mumbai, Kolkata and Delhi. In the international market, spot gold prices dipped by 1.1% to $1,831.90 per ounce.
Gold falls Rs 104; silver declines Rs 736
The prices of gold dropped by Rs.104 to Rs.48,703 per 10 gram in New Delhi while silver prices declined Rs.736 to Rs.61,621 per kg.
In the international market, the price of gold fell $1,836 while silver traded flat at $23.92 per ounce.
Silver prices witness a decline due to reduced demand
Silver prices dipped on 11 November by Rs.628 and was Rs.62,416 per kg as investors shifted away from the bullion market. Due to the lowest demand, silver contracts for December delivery on the Multi Commodity Exchange dropped by 1% to Rs.62,416 per kg for a turnover of 12,957 lots.
In the international market, silver prices were trading lower by 0.81% at $24.27 per ounce.
Gold and silver record substantial declines due to international trends
Gold prices on 20 October dipped by Rs.268 in National Capital Region due to a declining trend in the international price of the metal. The price of gold was at Rs.50,860 per 10 grams and had previously closed at Rs.51,128 per 10 grams.
Following suit, silver prices also declined to a great extent by Rs.1,126 to Rs.62,189 per kg compared to its previous session, closing at Rs.63,315 per kg.
In the international market, gold prices dipped to $1,901 per ounce and silver prices were trading flat at $24.37 per ounce.
Gold rates reach Rs.54,330 per 10 gm and silver prices stand at Rs.63,800
Gold prices today fell to Rs 54,330 from Rs 53,970 per 10 gm, while silver was trending at Rs 63,800 per kg, according to the Good Returns website. In New Delhi, the price of 22-carat gold remained at Rs 49,800 per 10 gm, and in Chennai, it climbed to Rs 48,870. In Mumbai, the rate was Rs 49,820 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 53,310 per 10 gm.
On the MCX, October gold futures jumped 0.57 per cent to Rs 51,107 per 10 gm, while silver December futures were at Rs 63,098 per kg.
Domestic Gold Futures reclaim Rs.51,650-mark, Silver above Rs.68,500 as Equities lose steam
Price of domestic gold and silver futures moved higher on Monday, supported by weakness in the US dollar as investors waited for the Federal Reserve's policy meeting later this week for cues. Multi Commodity Exchange (MCX) gold futures (due for an October 5 delivery) rose by Rs.361 - or 0.70% to end at Rs.51,680, and silver futures (December 4) ended at Rs.68,535, up Rs.607 or 0.89% from their previous close. The gold and silver contracts had surged to as high as Rs.51,736 and Rs.68,720 respectively during the session.
Spot gold grew up as much as 1.07% to touch the $1,968.70 per ounce mark on Monday, and silver jumped 2.01 per cent to $27.40 per ounce.
Back home, spot gold settled at Rs.51,394 per 10 grams on Monday, and silver at Rs.65,223 per kilogram, excluding GST, according to Mumbai-based India Bullion and Jewellers Association (IBJA).
Gold prices today fall sharply after rising Rs.1300 in 2 days, silver crashes
The prices of gold and silver dropped today in Indian markets after a strong rise in the previous two sessions. On MCX, October gold futures dropped 0.9% to Rs.53,110 per 10 gram while silver futures fell 2.5% to Rs.67,8640 per kg. In the previous two sessions, the price of gold had rose Rs.1,300 per 10 gram while silver had increased Rs.2,100 per kg.
In global markets, the price of gold held above the key level of $2,000 per ounce, supported by a weaker US dollar. Spot gold was up 0.1% at $2,002.12 per ounce. Silver grew 0.6% to $27.82 per ounce while platinum inclined 0.2% to $958.33.
The dollar index fell for a sixth straight session to near a more than two-year low. The benchmark 10-year U.S. Treasury yields moved lower as well.
The gains in the yellow metal was capped after a strong Wall Street session in which the S&P 500 hit an all-time high. Asian equities traded mostly higher today.
Gold prices dip marginally at the Rs.55,000 per 10-gram mark; silver prices at Rs.68,900 per kg
The gold rate dropped from Rs.55,100 per 10 grams to Rs.55,090 per 10 grams while silver prices increased by more than Rs.800 from Rs.68,010 per kg to Rs.68,900 per kg. In the nation’s capital, the value of 22-karat gold was priced at Rs.51,150 per 10 grams and Rs.50,700 per 10 grams in Chennai. The price of 24-karat gold in Chennai was Rs.55,320 per 10 grams.
On the Multi Commodity Exchange, gold futures for October increased by 2.11% to Rs.53,275 per 10 grams. Silver futures for September was at Rs.69,155 per kg. The price of the yellow metal increased by Rs.340 at the beginning of the week.
In the international market, gold prices increased to $1,954 per ounce and silver was trading at $26.81 per ounce.
Gold and silver prices drop as U.S. dollar value recovers
Gold and silver prices have fallen for the third consecutive time in a row due to the value of the dollar recovering in the market. With the announcement from Russia registering the world’s first COVID-19 vaccine, the risk appetite increased. Spot gold prices for 24-karat gold dipped by more than 5% to Rs.52,440 per 10 grams. The value of 22-karat gold was Rs.48,091 per 10 grams.
Silver prices in Pune as well, dipped by 7% to below Rs.70,000 per kg level on 11 August 2020. The U.S. index increased after the United States President Donald Trump considered lowering the taxes on capital gains.
Gold futures for September delivery on Multi-Currency Exchange was down by 5% or Rs.2,716 to Rs.52,528 per 10 grams. For September delivery, silver futures were down by 7% to Rs.69,925 per kg dropping by Rs.5,469.
Silver rates in Pune climb by 4.8 percent on Friday
The rates of the white metal climbed by 4.8 percent on Friday and reached Rs.60,100 per kg. This was the first time since December 2012, the rates have breached the Rs.60,000 mark. On the Multi Commodity Exchange (MCX), September silver futures rose by 8 percent to Rs.62,000 per kg.
Gold rates also climbed to an all-time high of Rs.50,085 for every 10 grams before dropping to Rs.49,711. In the global market, the price of the yellow metal stood at a new high on Wednesday when an ounce cost $1,861.
Price of gold shows third drop in 4 days; silver prices fall
Gold prices on 20 July dipped in the Indian market due to mute international trends. August futures on the Multi Commodity Exchange was down by 0.12% at Rs.48,910 per 10 grams which was the metal’s third decline in 4 days. Silver prices also dipped on the MCX by 0.25% at Rs.52,756 per kg. Since the time gold had hit its all-time high, the price of the metal has been fluctuating in the market.
In the international market, the metal has been trading above the $1,800 per ounce levels. Spot gold was holding steady at $1,808.53 per ounce and gold futures in the United States was trading at $1,809 per ounce which was due to a weak U.S. dollar value and the rise in COVID-19 cases all over the world which increased risk appetite.
Gold and silver prices surge due to rising COVID-19 cases
The price of gold increased marginally by Rs.40 and was priced at Rs.49,050 per 10 grams and silver prices increased by Rs.210 to Rs.52,210 per kg from Rs.52,000 per kg. In the city of New Delhi, the value of 22-karat gold was priced at Rs.47,850 per 10 grams and Rs.46,960 per 10 grams in Chennai. The price of 24-karat gold in Chennai was priced at Rs.51,240 per 10 grams.
On the Multi Commodity Exchange, gold futures had increased by 0.58% to Rs.49,148 per 10 grams whereas silver futures for September rose to Rs.53,048 per kg. The exports in June 2020 was at $1,647.49 million which was comparatively lesser by 34.72% at $2,523.74 million in June 2019.
Silver prices ease along with gold tracking international trends
On 2 July, the value of gold and silver in the country eased due to international trends and profit booking amongst investors after the metal hit an all-time high of Rs.48,982 per 10 grams. On the Multi Commodity Exchange, the price of gold for August delivery was within the range of Rs.48,162 per 10 grams and Rs.48,223 per 10 grams compared to its previous closing at Rs.48,267 per 10 grams.
The silver futures also within the range between Rs.49,254 per kg to Rs.49,352 per kg. Gold futures recorded a slight dip in prices by 0.16% at Rs.48,192 per 10 grams and silver futures recorded a decline of 0.19% at Rs.49,332 per kg.
According to the India Bullion and Jewellers Association, the opening rate of gold jewellery was at Rs.48,490 per 10 grams and silver was at Rs.48,843 per kg which was the price excluding GST.
The price of the yellow metal and silver eased in the international market due to a rise in risk appetite after news of promising results of a COVID-19 vaccine hit the safe-haven demand of the metal. Spot gold was trading at 0.1% lower at $1,767.79 per ounce due to this.
Silver futures prices in the country for the second day in a row on 2 July 2020
Silver futures prices on MCX decreased by 0.25% and are at Rs.49,300 for a kg. In the previous session, the prices of silver reduced by Rs.900.
In the international markets, the prices of the white metal increased by 0.2% and are at $17.97 for an ounce. Like silver, the prices of gold decreased in the country as well. Gold futures prices for the month of August on MCX fell by 0.16% and are at Rs.48,188 for 10 grams. In the previous session, gold prices reduced by Rs.500. Over the last two days, the prices of gold have fallen by Rs.800. Earlier, prices of the yellow metal hit record highs and are at Rs.48,982 for 10 grams. In the international markets, the prices of gold reduced after the developments of a vaccine for coronavirus. Traders will keep a watch on the monthly US data that will be announced today. Spot gold prices decreased by 0.2% and are at $1,767.11 for an ounce. On 1 July 2020, the prices of gold hit its highest price since October 2012 and were at $1,788.96 for an ounce. The prices of the yellow metal in the country are inclusive of 12.5% import duty and 3% GST.
Gold rates increases as silver rates soar
Gold has been seeing an upward trend and reached Rs.48,982 on the MCX. The white metal, silver has also been moving with a good momentum.
When it comes to the international rates, the CME July 2020 silver futures stands at $18.100 per ounce which is low by 0.033 cents. The silver futures will trade between $19 and $20.