Traders said the precious metals remained in demand for the ongoing festivals and marriage season, while silver rose on industrial units and coin makers demand.
Silver halted its four-day rising trend and declined by Rs 65 to Rs 41,000 per kg.
A rebound in oil prices, FII outflows and concerns over current account deficit weighed on the domestic currency, pushing it to fresh life-time lows.
.jpg)
Domestic shares jumped nearly 1.5 per cent on Monday to an all-time high, surpassing their previous record hit just last week, as lenders including ICICI Bank extended a recent rally.
Silver eased by Rs 150 to Rs 37,100 per kg lacking necessary buying from industrial units.
Silver also rebounded by Rs 140 to Rs 37,050 per kg.
.jpg)
Gold tumbles by Rs 1,250 to Rs 30,950.
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Traders said some buying activity by jewellers and retailers mainly kept gold prices steady.
Traders said sentiment turned distinctly weak after gold prices slumped in global markets as Swiss voters rejected a plan for their central bank to accumulate bullion and oil extended its decline to five-year low, curbing demand for the precious metal.
Silver ready declined Rs 160 to Rs 37,240 per kg.
In the international market, gold dropped 0.3 per cent to $1,141.76 an ounce in Singapore today.
The rupee had hit an intra-day low of 61.6750 on Friday, its lowest level since Oct. 17.
silver coins held steady at Rs 52,000 for buying.
Gold prices remained steady for the second straight day at Rs 27,250 per 10 grams at the bullion market on Tuesday.
News of all that's transpired on and off the football field
A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.
The rupee dropped on renewed demand for the American currency.
Gold prices are seen heading northwards on improved demand.
Gold prices fell by Rs 30 to Rs 27,160 per 10 grams at the bullion market on Saturday.
Gold prices plunged by Rs 200 to trade at Rs 27,000 per 10 grams at the bullion market on Thursday.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
The ongoing wedding season could not boost the trading sentiment and low demand from jewellers and retailers was witnessed, traders said, adding that a weak global trend because of strengthening of dollar also reduced appeal for the bullion.
Silver also recovered by Rs 200 to Rs 37,000 per kg.
'None of his grandparents, and only one of his parents, was born in the US or spoke English as their mother tongue.' 'Of his three wives, one was born in Czechoslovakia and one in Slovenia.' 'Where would Trump have been if they, too, had 'rejected the ideology of globalism and embraced the doctrine of patriotism'?' asks Sunanda K Datta-Ray.
The Election Commission on Friday recommended President Ram Nath Kovind that the 20 MLAs be disqualified.
Data showed the country's wholesale price-based inflation eased to an eight-month low in January as food prices moderated, offering some relief to policymakers who have long battled to get a handle on surging prices.
Fissures in Maha BJP were out in the open at a rally organised in memory of the late Gopinath Munde, with Eknath Khadse and Pankaja targeting former CM Devendra Fadnavis.
Globally, gold gained 0.4 per cent to $1,098.62 an ounce and silver gained 0.9 per cent to $14.95 an ounce in Singapore.
This is the biggest one-day fall in the rupee since August 3, 2016
Silver gained Rs 350 to Rs 36,550 per kg on increased offtake.
Traders said stockists buying for the ongoing marriage season mainly led the recovery in gold and silver prices.
Traders said stockists selling in tandem with a weak global trend mainly pulled down gold and silver prices.
The US dollar index, which tracks the greenback against a basket of six major currencies, was 0.38 per cent lower at 95.41.
Gold prices rose further by Rs 80 to Rs 29,480 per 10 grams in the national capital today on sustained buying by stockists and retailers.
Silver followed suit and gained Rs 65 to Rs 39,600 per kg on increased offtake by industrial units and coin makers.
Silver coins also tumbled by Rs 1,000 to Rs 52,000 for buying and Rs 53,000 for selling of 100 pieces.
Silver also traded lower by Rs 100 to Rs 37,200 per kg.
Silver traded lower by Rs 135 to Rs 36,750 per kg.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances