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Gold rises Rs 118 on global cues, rupee depreciation

Monday, November 11, 2019, 9:49 PM

Gold prices on Monday rallied by Rs.118 to Rs.38,678 per 10 gram in the national capital helped by a recovery in global prices and sharp rupee depreciation against the dollar, according to HDFC Securities. HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold prices for 24 Karat in Delhi were trading-up by Rs.118 with recovery in global gold prices and sharp rupee depreciation.
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Gold prices fall sharply today but silver rates steady

Monday, December 17, 2018, 8:14 PM

Weak demand from domestic jewellers and lower global prices sent gold rates lower today. Gold prices today fell by Rs.190 to Rs.32,000 per 10 gram. This is the second consecutive day gold prices have seen sharp declines. Gold rates had declined Rs.160 on Saturday. Silver prices however remained steady today at Rs.38,400/kg. Gold rates fell today, extending the two-day decline to nearly Rs.350.
 
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Gold prices decline on weak global cues, low demand

Saturday, December 1, 2018, 7:34 PM

Amid weak cues from the global market and fall in demand from local jewellers, gold prices plunged Rs.390 to Rs.31,460 per 10 grams at the bullion market during the week. Silver also lost Rs.890 to reach Rs.36,560 per kg due to poor offtake by industrial units and coin makers. Traders said a weak trend in the overseas market weighed on gold prices.

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