firm trend overseas. The 19th, however, witnessed gold rates in Mumbai surging to its highest level during the week.3,211 per gram with the the US dollar losing significant ground with inflationary concerns dominating on the market. We have provided a temporary unauthorised overdraft to you to ensure your account is in order.75 Gross interest on the overdraft amount *Not Applicable. Due to a steady local demand, gold rate in Mumbai continued.3,093 per gram for the next two days as well. Gold jewelries form an integral part of the Indian society and are used in festivals, occasions such as marriages and also as a savings investments. Gold price in Mumbai rose.3,186 per gram on 12 June as fears of a trade war between the United States and China were renewed over the weekend. If the total monthly average balance of all your accounts with us, such as HomeVantage Current Account, SuperSaver Savings Account, SuperSaver Bond, Fixed Deposit or Hisave Accounts, falls below 500; administration charges will apply. Prices continued to rise throughout January and peaked on 21st January.2,674.
Gold price in Mumbai dropped.3,146 per gram as the week ended on 5 March. The week commenced with gold prices holding firm.3,219 per gram on the 1st with steady demand from local jewellers, retailers and industries amid positive global cues. Steady demand coupled with firm trends overseas led to gold rate in Mumbai holding steady.3,103 per gram until the 15th. This doesnt apply to money transfers made by cheque. On the final day of the week, however, gold rates dropped.3,142 per gram as local demand plummeted. This was a significant drop.27 per gram compared to the 24th of June, when the metal was trading.3,175 per gram. Prices jumped.3,302 per gram on 30 October on positive global cues and rising retail demand, though gains were capped due to the falling rupee.
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Mumbai recorded an increase.60 in gold prices during the course of the month. However, if you have a small quantity of the metal, it is rather better if you store them in a locker in your house. The drop in interest in the dollar also boosted bullion demand as overseas investors, cautious of a sluggish equity market, moved investments to gold. The week began with the yellow metal prices holding steady.3,148 per gram on the 26th with the bullion maintaining its five-week high amid the US-China trade war concerns. Gold rates, which are a product of a lot of dynamic factors coming into play, have been more or less stable for this year in Mumbai. August 2018 - Week 2 (6 - 12 Parameters Gold price (per gram of 24 karat gold) August 6 Rate.3,058 per gram August 12 Rate.3,043 per gram Overall Weekly Performance Decline Gold prices in Mumbai increased in demand during the second week. Money transfers through branch, walk into any of our branches to make a money transfer to India. The 13th saw rates dropping further.3,129 per gram as investors and market participants cut down purchases amid the rising US dollar and well-performing equity markets. However, with the safe-haven demand declining amid the strengthening US dollar, prices dropped.3,175 per gram on the 19th. Gold price in Mumbai surged further.3,052 per gram on the 25th with global investors capitalising on the weakening US dollar and equities. In Mumbai, there are centres like Leo Analytics Lab (Borivali Variety Hallmarking (Mahakali Caves and Varsha Bullion Hallmarking Centre (Mumbadevi etc. This would help you save on storage charges youd otherwise pay the bank.