Symbol: GOLD| Contract: Dec, 2018| Category: Bullion
Color code for performance of Peers
In Delhi, gold of 99.9 per cent 99.5 per cent purity plunged by Rs 180 each to Rs 32,070 and Rs 31,920 per 10 grams, respectively.
Total reserves had dropped by $1.444 billion to $392.078 billion for the previous reporting week. After a long gap, gold reserves rose by $366.5 million to $20.888 billion, according to the latest RBI data.
In Delhi, gold of 99.9 per cent and 99.5 per cent purity priced at Rs 32,250 and Rs 32,100 per 10 grams, respectively.
Bullion traders said the slide in gold prices was mostly due to absence of worthwhile activity as jewellers and retailers made token purchases to mark the occasion of Diwali and beginning of Samvat year 2075.
This Diwali you might be thinking of buying physical gold. Financial planners advise that gold investments should form at least 10-15 per cent of your portfolio. But physical gold investments sitting idle cannot increase your wealth. Thus, you might consider investing it in State Bank of India (SBI)'s Revamped Gold Deposit Scheme (R- GDS), which i...
Gold, silver prices: In the national capital, gold of 99.9 per cent purity traded lower by Rs 80 to Rs 32,610 per 10 grams respectively.
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