Silver also advanced by Rs 200 to Rs 36,500 per kg.
Gold prices plunged by Rs 600 to Rs 26,500 per 10 grams in the national capital today after the precious metal slumped to the lowest level since 2010 in global markets as the strengthening dollar eroded demand for the commodity.
Silver regained the Rs 35,000 per kg mark by gaining Rs 660.
Silver also fell by Rs 400 to Rs 41,000 per kg on poor offtake by industrial units and coin makers.
Sentiment turned bearish after gold fell in overseas markets to a lowest level in three-week on speculation that the Federal Reserve will start to reduce bond purchases by the end of the year as the US economy improves, traders said. Gold in Singapore, which normally set price trend on the domestic front, fell by 0.8 per cent to 1,273.55 dollar an ounce, the lowest since July 17 and silver by 0.8 per cent to 19.37 dollar an ounce.
Silver also rose sharply by Rs 640 to Rs 35,700 per kg.
The rupee was trading lower at Rs 61.38 after dipping to 61.74 (intra-day).
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
Steps such as safeguard duty in the works to plug the route
Gold cracked as much as Rs 730 -- its biggest one-day fall this year -- to Rs 30,520 per 10 grammes, in sync with a weak trend overseas on growing US rate hike buzz amid a fall in demand at the spot market.
Sudipto Basu tells us how he met his wife after a long wait.
Silver also fell further by Rs 150 to Rs 34,200 per kg.
Summary of sports events and persons who made news on Friday
For easy and wide access, the government plans to market the bond through post offices and various brokers.
One of the most attractive things in a movie romance is to watch two people fall in love over a date or two.
The PM's choice of ministers is interesting, to say the least, says Jyoti Punwani.
The Johnson and Johnson and Sputnik vaccines should be approved now, as should the Pfizer and Moderna ones, suggests Naushad Forbes. Leave it to the companies to figure out how to put in place the right chilling infrastructure. Don't let a lack of approvals deprive the country of availability, suggests Naushad Forbes.
The consequences of failure are nowhere more devastating than at a World Cup, where two previous finals and five semi-finals have been decided by the gut-wrenching lottery of penalties.
It could reach more than 530 million viewers on TV and a few hundred million more online. But can it make money for Disney Star?
Traders attributed the rise in prices to higher demand of precious metals for the coming festivals like Rakshabandhan compared with supply, which has tightened because of fall in imports following government measures.
The superstar's much-awaited film Kabali is set to release on July 22.
On the day RBI announced a slew of measures to suck liquidity from the system to stem rupee volatility, a senior SBI official had told PTI that the bank was carrying an actual lendable surplus of Rs 20,000 crore (Rs 200 billion).
Former Union Home Minister Sushil Kumar Shinde on Friday denied having used the word "Hindu terrorism" in Parliament during the UPA tenure.
Kulbhushan Jadhav's friends, who have known him since childhood, recall a man tough on the outside but full of compassion inside.
'There is a group who want to internally damage the Congress and they may be hand in glove with the BJP.'
The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.
Sentiments remained bearish as gold fell to 16-week low in the overseas markets as positive US economic data backed the case for the Federal Reserve to keep on reducing monetary stimulus which has dimmed the metal's appeal.
To India's comfort, New Zealand's tournament has gone on a downward spiral during their last three games but their initial good work helped them beat Pakistan to a last four spot.
Naidu was an Akhil Bharatiya Vidyarthi Parishad activist during the Emergency and was arrested and jailed.
Bank notes of Rs 1, 2 and 5 continue to be legal tender, though these denominations have been coinised and their printing has been discontinued.
Modi said there was a need to make transactions 'transparent' in India.
'China is likely to help Pakistan in keeping the fire burning in J&K to bleed India for its own interests.' A fascinating excerpt from Lieutenant General K Himalay Singh's Making of a General: A Himalayan Echo.
The 'bumbling liberal' and the 'neo-fascist' are two sides of the same coin. Neither has place in a moderate India, says Nikhil Inamdar
The war of words between Prime Minister Narendra Modi and Bihar Chief Minister Nitish Kumar escalated on Monday with the latter tweeting that "50 lakh people" from Bihar would send their DNA samples for testing to the prime minister.
Narendra Modi, who used to tweet frequently, is said to have decided to maintain a single voice on Twitter after becoming prime minister. Nivedita Mookerji reports
Sidhu said that in the next 15-20 days he will come out with the front's future plan.
Alexander Zverev got the better of older brother Mischa at the Citi Open in Washington on Thursday, winning their first meeting at an ATP Tour event 6-3, 7-5.
Peru fans take $800 taxi to get to World Cup game
Rediff.com gives you a throwback to an eventful 2017, in pictures.
Former Australia spinner Shane Warne and India batting great Sachin Tendulkar have joined the chorus clamouring for cricket to become an Olympic sport, the BBC reported.
