The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,690
The European Central Bank's interest rate decision will also be closely tracked for cues on the bullion price trajectory
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,110
The dollar is down 0.4 per cent for the day, but is headed for a second straight weekly rise. A stronger dollar tends to make gold expensive for buyers holding other currencies
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,060
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,990
Domestic prices hit an all-time high of 101,078 rupees per 10 grams in June. Gold prices have risen 27 per cent so far this year after rising 21 per cent in 2024
Silver is well-supported by strong ETF inflows, but a firm dollar and trade news flow pose a risk to the metal prices, analyst says
Gold price outlook: The yellow metal price is likely to be influenced primarily by the US Dollar Index and tariff news flow
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,440
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,560
Brent crude futures rose 58 cents, or 0.8 per cent, to $70.94 a barrel by 0900 GMT, while U.S. West Texas Intermediate crude futures climbed 59 cents, 0.9 per cent, to $69.04
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹91,390
Investors will closely monitor the release of US Consumer Price Inflation (CPI) and retail sale data, which could in turn provide more direction for the bullion prices, they added
Gold outlook: The yellow metal is likely to range-trade unless and until major breakthroughs in trade deals happen, or tariff tensions are ratcheted up further
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,210
Gold and silver ETFs see record inflows of ₹4,085 crore in June, driven by rising investor interest in precious metals amid global uncertainties and growing ETF acceptance for investment
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹89,990
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,610
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹90,090