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Gold futures on MCX recorded an increase of Rs 779 per 10 grams which is 1.09 per cent above the previous trading session’s closing price of Rs 71,644.
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However, silver tumbled Rs 500 to Rs 76,500 per kg. In the previous trade, it had ended at Rs 77,000 per kg.
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In the international markets, both gold and silver were trading higher at USD 1,936 per ounce and USD 23.33 per ounce, respectively.
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Gold prices on Wednesday fell by Rs 15 to Rs 59,228 per 10 grams in futures trade as speculators reduced their positions.
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Gold price rose Rs 79 to Rs 59,345 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
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Analysts attributed the fall in gold prices to the trimming of positions by participants.
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Gold price remained flat at Rs 59,280 per 10 gram in the national capital on Wednesday, according to HDFC Securities.
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The consecutive days of declining gold price have taken many buyers by surprise, given the traditional preference for gold jewellery.
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Gold price declined Rs 225 to Rs 60,075 per 10 grams in the national capital on Tuesday
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The gold rate for 24-carat (10 grams) was Rs 50,290 on Friday. On Thursday it was costing Rs 50,950. There was a sharp decline of Rs 660.
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New Delhi: Gold prices on Tuesday fell by Rs 71 to Rs 48,169 per 10 gram in futures trade as speculators reduced their positions amid low demand. On the Multi Commodity Exchange, gold contracts for February traded lower by Rs 71, or 0.15 per cent, to Rs 48,169 per 10 gram in a business turnover […]
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In the international market, gold was trading marginally higher at USD 1,893 per ounce and silver was flat at USD 27.65 per ounce.
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In the international market, gold was trading lower at USD 1,883 per ounce and silver was flat at USD 27.55 per ounce.
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In the international market, both gold and silver were trading flat at USD 1,870 per ounce and USD 27.35 per ounce, respectively.
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In the international market, gold was trading lower at USD 1,893 per ounce and silver was flat at USD 27.79 per ounce.
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The Indian rupee opened on a flat note and edged higher by 4 paise to 72.73 against the US dollar in early trade on Thursday.
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In the international market, gold was trading with gains at USD 1,908 per ounce and silver was flat at USD 28.07 per ounce.
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In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.
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In the international market, gold was trading in the green at USD 1,869 per ounce, while silver was trading flat at USD 28.48 per ounce.
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In the international market, gold was quoting lower at USD 1,769 per ounce and silver was flat at USD 26.02 per ounce.