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Investment Opportunity In Gold and Silver on Dhanteras

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Demand for bullion is expected to pick up ahead of upcoming festivals in India such as Dhanteras and Diwali, when gold is traditionally given as a gift.

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Investment Opportunity In Gold and Silver onDhanteras

Demand for bullion is expected to pick up ahead of upcoming festivals in India such as Dhanteras and Diwali, when gold is traditionally given as agift.

Gold prices eased at the domestic bullion market here ahead of Dhanteras festival, while silver too turned weak owing to lower demand from consumingindustries.


The safe-haven asset is up about 0.2 percent so far thisweek.


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Commodity Tips Standard gold (99.5 purity) declined by Rs 50 to close at Rs 30,060 per 10 grams from Wednesday's closing level of Rs30,110.

Pure gold (99.9 purity) also went down by a similar margin to finish at Rs 30,210 per 10 grams as against Rs 30,260previously.

Silver (.999 fineness) to moved down by Rs 10 to conclude at Rs 43,090 per kg from Rs 43,100previously.

Free MCX Tips: Globally, gold rose marginally, on track to end the week barely changed as the market waited for more signs about the timing of an expected US interest rate rise from the FederalReserve.

Silver was up 0.6 per cent at $17.69 anounce.

happy dhanteras to all

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Happy Dhanteras ToAll
  • Tech Mahindra | Bajaj Auto | GMR Infra | Dalmia Bharat Sugar | JK Paper | Astec Life | Cupid | Wonderla Holidays | Zee Media | Pricol | Essel Propack | Torrent Power | DCM Shriram | IFB Industries | Bharat Electronics | Shriram City Union | Inox Leisure | Bajaj Finserv | Glenmark Pharma | NMDC and MOIL are stocks, which are in the news today. Share Market Tips and Stock Tradingstrategies.
  • Q2Profit
  • Bajaj Auto Q2 profit seen up 9%, weak volume may impact revenue
  • Tech Mahindra Q2 profit down 19%, constant currency growth at 5%
  • Indian ADRs ended mostly higher on Thursday. In the banking space, ICICI Bank added 0.24 percent at USD 8.42 and HDFC Bank gained 1.50 percent at USD 70.59. In the IT space, Infosys shed 1.66 percent at USD
  • 15.36 and Wipro was down 1.36 percent at USD 9.45. In the other sectors, Tata Motors rose 0.36 percent at USD 39.04 and Dr Reddy’s Laboratories rose 1.67 percent at USD49.37.
  • The Indian rupee opened marginally lower at 66.89 per dollar on Friday against previous close66.86.
  • Free Nifty Future Tips: Nifty starts Nov series below 8600; Tech Mah up 6% on Q2nos

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The market has opened lower as the Sensex is down 82.48 points or 0.3 percent at 27833.42. The Nifty is down 18.60 points or 0.2 percent at 8596.65. About 557 shares have advanced, 268 shares declined, and 48 shares areunchanged.

ONGC, Tata Motors, Maruti, Hero and Axis Bank are top gainers while HDFC, ICICI Bank, GAIL, Asian Paints and Bharti Airtel are losers in the Sensex.