वे देश जिनकी करेंसी के मुकाबले भारतीय रुपया है मजबूत | Indian rupee is stronger than these countries
Dollar To Inr Rate Last 10 Days , silver rates jump
Gold prices of 99.9% and 99.5% purity gained Rs 150 each to Rs 31,150 and Rs 31,000 per 10 grams in Delhi.
Gold prices today maintained their upward momentum by rising Rs 150 to Rs 31,150 per 10 grams, according to a report from
. Gold prices had jumped Rs 380 in last three days. Steady buying by local jewellers, driven by ongoing festive season demand and positive global cues helped lift domestic gold prices today. Silver too today gained Rs 170 to Rs 38,470 per kg due to increased offtake by industrial units and coin makers.
gold of 99.9 per cent and 99.5 per cent purity gained
Rs 150 each to Rs 31,150 and Rs 31,000 per ten grams, respectively, according to the report. Sovereign gold, too, traded higher by Rs 100 at Rs 24,600 per piece of eight grams.
In sync with gold price rise, silver ready today hardened by Rs 170 to Rs 38,470 per kg and weekly delivery by Rs 125 to Rs 37,275 per kg. Silver coins too spurted by Rs 1,000 to Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.
inched down from a two-week high hit in the previous session. The dollar index inched up 0.1% against a basket of six major currencies today, after falling to a more than three-week low. The rupee was trading flat at 70.16 a dollar in afternoon trade.
In global markets, spot gold fell 0.2% to $1,209.04 an ounce, after hitting its highest since 13 August at $1,212.38 on Monday.
Global gold prices have recovered after touching one-and-a-half-year lows on August 16 at $1,159.60 as the dollar’s run slowed after US President Donald Trump criticized the Federal Reserve for raising interest rates at a time when the government was trying to stimulate the economy.
Gold has lost its appeal as a safe-haven asset, having fallen over 7% so far this year
, amid international trade disputes and the Turkish currency crisis, with investors increasingly turning to the US dollar instead.
Gold prices are highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar, in which it is priced.
demand for gold in India during the forthcoming wedding season could be hit
after heavy rains and floods caused more than $3 billion of damage in Kerala, biggest gold-buying state in India, according to some jewellers. In India, the monthly per capita expenditure on gold ornaments was the highest in Kerala, according to the Ministry of Statistics and Programme Implementation’s 2011-2012 survey.
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