Gold prices down with Rs250, silver below Rs41,000

referring to In the national capital, gold of 99.9% & 99.5% purity plunged with Rs250 each to Rs31,200 & Rs31,050 per ten gram, respectively. Silver also cracked below the Rs41,000 check with falling Rs350 to Rs40,650 per kg because of reduced offtake with industrial units. Globally, gold rose 0.15% to $1,349.30 an ounce & silver with 0.72% to $17.38 an ounce in NY on Friday. In the national capital, gold of 99.9% & 99.5% purity plunged with Rs250 each to Rs31,200 & Rs31,050 per ten gram, respectively. In step with gold, silver availiable fell with Rs350 to Rs40,650 per kg & weekly-based delivery with Rs170 to Rs39,960 per kg.

Gold prices down for the session, however earn for the week

Gold fell sharply on Friday, however held on to a every week gain, on the heels of conflicting comments from the Trump Organization on $ policy. On Friday, February gold GCG8, -1.04% lost $10.80, or 0.8%, to settle at $1,352.10 an ounce. The precious metal continue climbed about 1.4% for the 7 days to date, to log its 6th such earn in 7 weeks. Also read: Gold rally brightens the outlook for mining stocksAnd: Are Businessmen selling gold to purchas bitcoin? The March palladium contract PAH8, -1.03% fell 1.1% to $1,085.05 an ounce, fueling a loss of 1.2% for the week.

Gold prices climb to top settlement ever August 2016

as informed in Gold futures rose Thursday to settle at their top in about year & a half, buoyed with weakness in the unite states dollar, as a leading index for the greenback continued to touch their lowest standards in further than 3 years. A weaker $ tends to boost dollar-denominated prices of gold. The ICE unite states $ Index DXY, -0.49% was drop 0.5% at 88.72. February gold GCG8, -1.04% rose $6.60, or 0.5%, to settle at $1,362.90 an ounce, marking the top end ever Aug. 4, 2016 for a most-active futures contract, according to FactSet data. Read the complete story: Gold ends at top ever summer 2016, then falls in electronic trading

Gold prices prediction to height another time this 7 days on weak America dollar

Dubai: Gold jewellery prices in the United Arab Emirates have risen to their top standard ever August 2016 & are headed for another climb this week, as the bullion Information Systems poised to still to ride on the back of a weak America dollar. As of Sunday, 9.43am, 24-karat was retailing at Dh163.50 per gram, up with Dh2.25 per gram in nearly a week. The America $ fell safely final 7 days after America Treasury Secretary Steven Mnuchin told which a weak American currency would be perfect for the economy. Ole Hansen of Saxo Bank told the biggest driver for gold prices remembers the America dollar, which for the past 7 weeks, has provided an nearly constant standard of backing as it continued to soften. Gold Rate: To save up to date with gold prices, go to our gold average page.

collected by :kiven Dixter