Gold price today fell to Rs 54,160 from Rs 54,650, while silver price was trending at Rs 69,700 per kg, according to the Good Returns website.
Kim Jong Un says North Korea is working on expanding nuclear arsenal
Kim said he won't use his nuclear arsenal unless "hostile forces" intend to use their nuclear weapons against North Korea first. But Friday's speech is a reminder that North Korea is not about to give up its nuclear arsenal.
Gold prices in India traded lower on the Multi Commodity Exchange (MCX) Friday following a muted trend in global spot prices amid a firm US dollar and a rise in US Treasury Yields.
Spot gold eased 0.1 percent to $1,911.32 per ounce, but was up 0.7 percent so far this week.
Prices slipped as much as 2.5 per cent after scaling their highest since November 9 on Wednesday, as 10-year U.S. Treasury yields jumped above 1 per cent for the first time since March. A stronger dollar makes gold more expensive for holders of other currencies, while higher bond yields increase the opportunity cost of holding the non-interest yielding gold.
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Il affirme avoir reçu des lingots d'or offerts par des émirs du golfe qui viennent chasser dans le sud Algérien. Selon ce média, il s'agit de 60 lingots revendus pour une valeur totale de 350 millions de dinars.
A sharp rise in USA bond yields and strong U.S. dollar weighed on the gold price.
ETF investors remained on the sidelines. United States gold futures shed 0.1 percent to $1,912.30.
Gold may witness choppy trade as market players counter stimulus measures against optimism about vaccine rollouts, Kotak said. "Silver may see support at Rs 69,000 level and resistance at Rs 70,600 level", Kedia added.
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The trio join Arnold Palmer, Jack Nicklaus, Charlie Sifford and Tiger Woods as the only golfers to receive the award. Pate Jr., president of the Babe Zaharias Foundation, reportedly received the award for Zaharias, who died in 1956.