neutral
Mumbai bullion trade steady as gold softens and silver holds range
Mumbai’s bullion market recorded a mild decline in gold prices today, with 24-carat gold quoted near ₹6,392 per gram and 22-carat around ₹5,865 per gram. Silver traded at approximately ₹84,200 per kilogram, reflecting steady demand from industrial segments, particularly electronics and solar panel manufacturers. Retail jewellers in Zaveri Bazaar reported moderate footfall as the post-festive tapering reduced bulk jewellery purchases, though gold coins and smaller denominations continued to see interest from investors.
Market participants said price trends largely mirrored global cues driven by dollar strength and expectations surrounding Federal Reserve policy signals.
Discvr• By Pooja Kumari
Explore:Mutual Fund Screening
neutral
Mumbai bullion trade steady as gold softens and silver holds range
Mumbai’s bullion market recorded a mild decline in gold prices today, with 24-carat gold quoted near ₹6,392 per gram and 22-carat around ₹5,865 per gram. Silver traded at approximately ₹84,200 per kilogram, reflecting steady demand from industrial segments, particularly electronics and solar panel manufacturers. Retail jewellers in Zaveri Bazaar reported moderate footfall as the post-festive tapering reduced bulk jewellery purchases, though gold coins and smaller denominations continued to see interest from investors.
Market participants said price trends largely mirrored global cues driven by dollar strength and expectations surrounding Federal Reserve policy signals.
Discvr• By Pooja Kumari
Explore:Mutual Fund Screening
1 min read
91 words
Mumbai saw slightly weaker gold prices while silver stayed firm amid stable industrial demand and muted retail jewellery activity.
Mumbai’s bullion market recorded a mild decline in gold prices today, with 24-carat gold quoted near ₹6,392 per gram and 22-carat around ₹5,865 per gram. Silver traded at approximately ₹84,200 per kilogram, reflecting steady demand from industrial segments, particularly electronics and solar panel manufacturers. Retail jewellers in Zaveri Bazaar reported moderate footfall as the post-festive tapering reduced bulk jewellery purchases, though gold coins and smaller denominations continued to see interest from investors.
Market participants said price trends largely mirrored global cues driven by dollar strength and expectations surrounding Federal Reserve policy signals.
Mumbai’s bullion market recorded a mild decline in gold prices today, with 24-carat gold quoted near ₹6,392 per gram and 22-carat around ₹5,865 per gram. Silver traded at approximately ₹84,200 per kilogram, reflecting steady demand from industrial segments, particularly electronics and solar panel manufacturers. Retail jewellers in Zaveri Bazaar reported moderate footfall as the post-festive tapering reduced bulk jewellery purchases, though gold coins and smaller denominations continued to see interest from investors.
Market participants said price trends largely mirrored global cues driven by dollar strength and expectations surrounding Federal Reserve policy signals.
Tags:
gold
silver
gold
silver
precious metals
Mumbai
commodities