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Monday
May 2020
11:22 PM IST
News Headlines
Need to find a way to outlast Pujara in summer series: Cummins        La Liga can resume week of June 8 - Spanish Prime Minister        Extend loan automatically to all eligible borrowers without fear of 3Cs: FM to banks        Will try to restart international flights before August: Puri        Iran warns US not to interfere with Venezuela oil shipment        Sri Lanka to ease coronavirus restrictions from May 26        Coronavirus cases cross 10,000-mark in Ahmedabad, 24 deaths        Amphan toll rises to 85 in Bengal; protests over electricity, water supply        Prisoners aged above 60 to be released on emergency parole to decongest jail in Delhi        Record jump in COVID-19 cases, 137 more deaths        Bryant items fetch premium prices, Trout card sets record        Baseball players respond to MLB on virus protocols        RBI extends moratorium on loans for another 3 months till Aug        Sensex, Nifty turn choppy; RIL jumps on KKR deal        Quarantine must for domestic air travellers: Kerala govt        At least 57 killed in Pakistan passenger plane crash in Karachi        China introduces new security bill in parliament to tighten controls over Hong Kong        Trump lashes out at scientists whose findings contradict him        COVID-19 death toll climbs to 3,583 in India        Pak troops shell LoC areas in twin sectors of Poonch, Rajouri        
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Business News
Gold prices up marginally; silver tumbles by Rs 590 per kg
 
New Delhi: Gold prices edged marginally up by Rs 15 at Rs 35,795 per 10 gram but silver plunged by Rs 590 to Rs 41,530 per kg in the national capital on Thursday as caution prevailed in view of weak global cues and lacklustre domestic buying, according to the All India Sarafa Association.

In the global market, gold was trading lower at USD 1,407 an ounce and silver price was down at USD 16.12 an ounce in New York.

The American currency rose 0.40 per cent to 98.91 against a basket of major currencies, further putting pressure on gold rates.

The yellow metal witnessed a selling pressure after the US Federal Reserve failed to give further clarity over future rate cuts, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The US Fed cut the benchmark lending rate by 25 basis points to 2.0-2.25 per cent on Wednesday for the first time in more than a decade.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity gained Rs 15 each to Rs 35,795 per 10 gram and Rs 35,625 per 10 gram, respectively.

Sovereign gold held steady at Rs 27,500 per eight gram.

Silver ready plummeted by Rs 590 to Rs 41,530 per kg, while weekly-based delivery plunged Rs 864 to Rs 40,570 per kg.

Price of silver coins traded lower by Rs 1000 to Rs 84,000 for buying and Rs 85,000 for selling of 100 pieces.


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KERALA NEWS
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INTERNATIONAL NEWS
Iran warns US not to interfere with Venezuela oil shipment
 Tehran: Iran's president on Saturday warned the United States not to interfere with a shipment of oi
Sri Lanka to ease coronavirus restrictions from May 26
At least 57 killed in Pakistan passenger plane crash in Karachi
China introduces new security bill in parliament to tighten controls over Hong Kong
NATIONAL NEWS
Coronavirus cases cross 10,000-mark in Ahmedabad, 24 deaths
 Ahmedabad: Coronavirus cases in Ahmedabad crossed the 10,000-mark and rose to 10,001 after 277 new p
Amphan toll rises to 85 in Bengal; protests over electricity, water supply
Prisoners aged above 60 to be released on emergency parole to decongest jail in Delhi
COVID-19 death toll climbs to 3,583 in India
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