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Analysts attributed the decline in precious metal prices to weaker spot demand. | Photo Credit: istock.com Gold prices on Friday dropped by ₹248 to ₹1,40,100 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹248, or 0.18 per…

Gold prices down in India | Photo Credit: K K Mustafah Gold prices in India fell today across all cities. The price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…

Bullion has hovered in a narrow range around $4,000 an ounce in recent weeks after losing 14% in the second quarter, its worst showing since 2013.  Gold was on track for the biggest weekly loss since early June as renewed hostilities in West Asia raised the odds that the US Federal Reserve may need to…

Gold ​prices fell on Thursday as the escalating Middle ⁠East conflict showed no signs of abating, erasing recent optimism over easing inflation and fuelling concerns that surging oil prices could lead to ‌interest rate hikes. Spot gold was down 0.6% at $4,034.42 per ounce by 0349 GMT. U.S. gold futures for August ‌delivery lost 0.3%…

NSE and Augmont will work towards increasing market participation, improving liquidity and facilitating the adoption of EGRs among investors, jewellers and other market participants. The National Stock Exchange of India (NSE) on Wednesday said it has partnered with integrated gold platform Augmont Enterprises to strengthen the development of the Electronic Gold Receipts (EGR) ecosystem in…

Gold prices on Wednesday dropped by ₹983 to ₹1,41,274 per 10 grams in futures trade amid uncertainties in West Asia. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹983, or 0.69 per cent, at ₹1,41,274 per 10 grams in a business turnover of 1,289 lots. “Gold prices dropped in…

Gold prices fell on Wednesday after climbing ⁠more than 2% in the previous session, as rising oil prices fuelled inflation concerns and uncertainty over the U.S. interest-rate outlook, weighing on non-yielding ‌bullion. Spot gold was down 0.5% at $4,035.67 per ounce, as of 0300 GMT. U.S. gold futures for August ‌delivery eased 0.7% to $4,042.20….

Gold ​rose on Tuesday after hitting a two-week low earlier ⁠in the session, as markets awaited key U.S. inflation data, with escalating U.S.-Iran tensions driving oil prices higher and reinforcing expectations of further ‌Federal Reserve rate hikes. Spot gold was up 0.6 per cent at $4,023.77 per ounce by 0747 GMT, after touching its lowest…

Gold prices on Tuesday rose by ₹1,303 to ₹1,41,612 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded higher by ₹1,303, or 0.93 per cent, at ₹1,41,612 per 10 grams in a business turnover of 1,095…

Gold slid to a two-week low on Tuesday as the U.S.-Iran conflict in the Gulf sent oil ​prices soaring and fuelled inflation fears, with hawkish remarks from Federal Reserve ‌Governor Christopher Waller further reinforcing bets on higher U.S. ​interest rates. Spot gold was down 0.2% ⁠at $3,993.83 per ounce by 0110 GMT, having shed about…