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 an inflation hedge, rising interest rates raise the opportunity cost of owning the non-yielding asset. …
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 has increased by Rs 150, and the precious metal is now selling for Rs 47,900. …
On Tuesday, the price of ten grammes of 24-carat gold fell by Rs 1,280 to Rs 51,510, while the price of one kilogramme of silver fell by Rs 800 to Rs 62,700 per kilogramme. According to the Goodreturns website, the price of 10 grammes of 22-carat gold has dropped by Rs 1,190, and the precious …
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 from Monday One kg of silver is selling at Rs 65,200, up to Rs 1,100 …
By Administrator_India Capital Sands Silver prices were moderately higher on August 24 tracking subdued movement in gold and firm dollar. The precious metal had increased 2.4 percent yesterday on the COMEX. The white metal pared losses and turned into the green after a gap-down start in the afternoon session, tracking the muted overseas cues. The …
By Administrator_India Capital Sands Investors have pulled out money from gold exchange traded funds (ETFs) after the gap of eight months amid renewed optimism over the economic recovery and improvement in vaccination rate. Fall of gold prices in the last few months have also fueled investors to look at other asset classes such as debt …
By Administrator_India Capital Sands Crude oil prices continued uptrend for the third day and recovered losses suffered earlier in the week on improved risk sentiment and the prospect of a slowdown in shale activity in the US. However, the rising COVID cases of Delta variant may impact fuel demand. The energy commodity recouped earlier loss …
By Administrator_India Capital Sands Gold climbed above $1,800 an ounce again as investors took a risk-off turn before the release of Federal Reserve meeting notes that should bring fresh insight on U.S. monetary policy. Minutes from the Fed’s June gathering will be combed for more clues on the bank’s thinking around rates, bond-purchasing and the …
By Administrator_India Capital Sands Oil prices hit and then recoiled from highs last seen in October 2018 on Monday as investors eyed the outcome of this week’s OPEC+ as the United States and Iran wrangle over the revival of a nuclear deal, delaying a surge in Iranian oil exports. Brent crude for August had slipped 16 …
By Administrator_India Capital Sands Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs. Brent crude was up 14 cents, or 0.2%, at $72.83 by 0123 GMT. It rose 1.1% last week and hit the highest since May 2019 of $73.09 on Friday. …
