&w=3840&q=100)
Gold price dips ₹10 to ₹1,00,470, silver down ₹100, trades at ₹1,17,900
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,090.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,00,470.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,00,620.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹92,090.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,17,900.
The price of one kilogram of silver in Chennai stood at ₹1,27,900.
US gold prices Gold prices slipped on Friday, weighed down by a stronger US dollar and signs of progress in US-EU trade negotiations that dented safe-haven demand.
Spot gold fell 0.7 per cent at $3,343.69 per ounce by 9:31 a.m. ET (1331 GMT). US gold futures fell 0.8 per cent to $3,345.20.
Spot silver fell 0.4 per cent to $38.91 per ounce, but was still on track for a weekly gain of about 2 per cent. Platinum was 1.6 per cent lower at $1,385.20, while palladium rose 0.2 per cent at $1,229.94.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
26 minutes ago
- India Today
US, EU seal trade framework after Trump's tariff talks with top European leader
The United States and the European Union have agreed on a new trade deal, announced by former President Donald Trump on Sunday. Under the new framework, a 15% tariff will be applied to EU goods entering the US. In return, the EU has agreed to buy large amounts of American energy products and military equipment. However, the 15% tariff is still seen as a disappointing outcome for Europe, especially since the EU had initially hoped for a "zero-for-zero" deal—no tariffs on either side. Still, the current deal is better than the earlier threat of a 30% tariff, which had alarmed European leaders and Commission President Ursula von der Leyen travelled to Scotland to meet Trump and finalise the agreement. Her visit was crucial in sealing the deal at the last minute. This is a developing story.- Ends
New Indian Express
an hour ago
- New Indian Express
Tariffs loom, talks linger as India holds ground on US deal
The recent India-UK trade agreement has shifted focus back to another lingering conversation — the trade deal between India and the United States. With August 1 approaching fast, and with it the threat of new US tariffs, the spotlight is back on whether the two sides can finally close a deal. President Donald Trump has called the deal 'very near'. Commerce Minister Piyush Goyal says negotiations are making 'fantastic' progress. However, market watchers firmly believe that a mini or an interim trade deal is unlikely in the next few days. In contrast, Trump has signed pacts with more than a handful of countries, including Japan, Vietnam, Indonesia, and the Philippines, in the past few days, besides dispatching tariff letters to over 20 more with effective rates from August. However, India isn't in a hurry, and as Goyal mentioned, negotiations are rarely successful when constrained by timelines. The delay in the India-US deal comes down to real differences. One is America's push for deeper access into India's farming and dairy sectors. India isn't ready to make those concessions, knowing their local impact could be serious. On the other hand, India has asked the US to ease duties on steel, aluminium and car exports — a request that remains on the table.
&w=3840&q=100)
First Post
an hour ago
- First Post
Russia launches monthly direct flights to North Korea amid growing ties
Russia has launched direct commercial flights to North Korea, signalling a further strengthening of relations between Moscow and Pyongyang. The first Moscow-Pyongyang service, operated by Nordwind Airlines, departed Sheremetyevo airport on Sunday and is expected to run once a month initially. read more People wait outside Terminal C at the Sheremetyevo international airport outside Moscow, Russia. File image/ Reuters Russia inaugurated direct commercial flights to North Korea on Sunday, signalling deeper links with its Asian ally that will aid its push in Ukraine. According to the Sheremetyevo airport's website, the first Moscow-Pyongyang flight operated by Russia's Nordwind Airlines took off at 16:25 GMT. It is slated to arrive in the North Korean capital around eight hours later. However, Russia's transport ministry stated that the route will only be serviced once a month at first. STORY CONTINUES BELOW THIS AD Tickets for Nordwind Airlines, which used to transport Russians to European vacation spots prior to the EU banning Russian flights, cost 45,000 rubles ($570). 'This is a historical event, strengthening the ties between our nations,' Oleg, a Nordwind employee managing the flight who did not want to give his full name, told AFP at the airport. More from World Ukrainian drone strikes force Kremlin to scale down Navy Day celebrations He also declined to say how many passengers were on board. 'For the first time in more than 70 years of diplomatic relations, we are launching direct flights between the capitals of our countries,' Russia's deputy transport minister Vladimir Poteshkin was quoted as saying by the ministry's Telegram account. Russia's state news agency TASS reported that the first return flight from Pyongyang to Moscow would take place on Tuesday. Russia and North Korea restored train links on June 17 after suspending them in 2020 during the Covid pandemic. The two countries have been forging closer military bonds in recent years, with Pyongyang supplying troops and weapons for Russia's military operations in Ukraine. They signed a mutual defence pact last year, when Russian President Vladimir Putin visited North Korea. North Korea confirmed for the first time in April that it had deployed a contingent of its soldiers to the frontline in Ukraine, alongside Russian troops.
