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Commodity Capsule: Gold and base metals price surges as Dollar falters

Commodity Capsule: Gold and base metals price surges as Dollar falters

Fri, Jul 14, 2023

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities. #commoditymarket #shorts #gold #zeebusiness

Commodity Capsule: Oil prices dip; copper prices extend weakness to third straight session

Commodity Capsule: Oil prices dip; copper prices extend weakness to third straight session

Thu, Jul 06, 2023

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities. #commoditymarket #shorts #gold #zeebusiness

Commodity Capsule: Gold price hovers above $1,900; Global agri commodity extends recovery

Commodity Capsule: Gold price hovers above $1,900; Global agri commodity extends recovery

Tue, Jul 04, 2023

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

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Gold prices rise, North Korea tensions support

Gold prices rise, North Korea tensions support

Tue, Nov 21, 2017

Gold prices crept up early on Tuesday after falling more than 1 percent in the previous session, with U.S. President Donald Trump`s move to put North Korea back on a list of state sponsors of terrorism burnishing the metal`s safe-haven appeal. FUNDAMENTALS

Gold steady as dollar gains amid U.S. rate hike expectations

Gold steady as dollar gains amid U.S. rate hike expectations

Thu, Nov 16, 2017

Gold prices held steady early on Thursday as the dollar firmed after upbeat U.S. economic data bolstered the prospects of interest rate increases next month and beyond. FUNDAMENTALS

Gold makes some recovery on fresh demand, global events

Gold makes some recovery on fresh demand, global events

Wed, Nov 15, 2017

Standard gold (99.5 purity) rose by Rs 180 per 10 grams to settle at Rs 29,575 as against Tuesday's closing level of Rs 29,395.

Gold prices slip as higher U.S. yields weigh on market

Gold prices slip as higher U.S. yields weigh on market

Tue, Nov 14, 2017

Gold prices inched down on Tuesday, hurt by higher U.S. Treasury yields amid uncertainty over the outlook for tax reforms in the United States. Higher U.S. bond yields can pressure gold prices as they reduce the appeal of non-yielding bullion.

Post GST gold demand drops 25% in India, 3% globally in Q2 FY18

Post GST gold demand drops 25% in India, 3% globally in Q2 FY18

Thu, Nov 09, 2017

Global gold demand slumps after India introduced GST and tightened the laws with Prevention of Money Laundering Act.

Gold jumps more than 1% on geopolitical risks

Gold jumps more than 1% on geopolitical risks

Tue, Nov 07, 2017

Gold rose more than 1 % on Monday, extending gains as geopolitical risks drove investors to safe-haven assets after the metal`s third-straight weekly decline. The U.S. dollar dropped against a basket of currencies, also boosting gold.

Govt fixes Sovereign Gold Bond rate at Rs 2,971 per gram

Govt fixes Sovereign Gold Bond rate at Rs 2,971 per gram

Sat, Oct 21, 2017

The government has fixed the purchase price of Sovereign Gold Bond (SGB) at Rs 2,971 per gram. For the subscription period from October 23-25, the issue price will be Rs 2,971 per gram with Settlement on October 30, a Finance Ministry statement said today.

Festive cheer fails to make gold sparkle; tumbles by Rs 100 on global cues

Festive cheer fails to make gold sparkle; tumbles by Rs 100 on global cues

Sat, Oct 21, 2017

Gold fell by Rs 100 to Rs 30,650 per ten gram at the bullion market today amid a weakening global trend and muted demand from local jewellers. However, silver recovered by Rs 50 to Rs 40,850 per kg on scattered enquiries from industrial units.

Gold sales likely to revive during Diwali as KYC norms eased

Gold sales likely to revive during Diwali as KYC norms eased

Sun, Oct 08, 2017

Gold sales are likely to revive during the ensuing Diwali festival with the government revoking an order that mandated PAN and Aadhaar cards for purchases above Rs 50,000, an industry body said.

Gold steady ahead of central bank meetings

Gold steady ahead of central bank meetings

Thu, Jul 20, 2017

Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. FUNDAMENTALS

Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike

Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike

Wed, Jul 12, 2017

Gold prices edged further away from a 4-month low on Wednesday, as investors awaited testimony from U.S. Federal Reserve Chair Janet Yellen and central bank officials expressed caution about further interest rate hikes. FUNDAMENTALS

Gold adds gain on global cues, jewellers' buying

Gold adds gain on global cues, jewellers' buying

Sat, Jun 24, 2017

Rising for the second straight session, gold prices went up further by Rs 35 to Rs 29,225 per 10 grams at the bullion market today in tandem with a firm trend overseas and sustained buying by local jewellers.

Gold edges up from five-week lows as equities fall

Gold edges up from five-week lows as equities fall

Wed, Jun 21, 2017

Gold inched up on Wednesday after hitting its lowest in five weeks in the previous session, buoyed as equities fell. FUNDAMENTALS * Spot gold had risen 0.2 % to $1,245.30 per ounce by 0038 GMT, after dropping as far as $1,241 in the previous session.

Gold inches higher after five-week low as dollar gains on rate hike views

Gold inches higher after five-week low as dollar gains on rate hike views

Tue, Jun 20, 2017

Gold edged higher on Tuesday after hitting near five-week lows in the previous session when the dollar rose as an influential Federal Reserve official reaffirmed the central bank`s hawkish stance. FUNDAMENTALS

GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

Mon, Jun 05, 2017

Gold jewellery demand is unlikely to be impacted by the GST rate of 3% which is higher than the current tax rate. Though prices of the yellow metal may increase including that of silver and diamonds, industry experts say it will not impact demand.

Gold steady on weak dollar, geopolitical worries

Gold steady on weak dollar, geopolitical worries

Wed, Apr 19, 2017

Gold held steady on Wednesday, supported by a weaker dollar, geopolitical concerns about North Korea and nervousness ahead of the French presidential election.

Gold hits two-week high as dollar falls after G20 trade message

Gold hits two-week high as dollar falls after G20 trade message

Mon, Mar 20, 2017

Gold prices scaled a two-week peak on Monday as the dollar slumped to a six-week low after a G20 weekend summit that was dominated by the U.S. administration`s protectionist stance on global trade.

Gold steady on weaker dollar, set for third week of gains

Gold steady on weaker dollar, set for third week of gains

Fri, Feb 17, 2017

Gold prices held firm on Friday as the dollar hovered near one-week lows, keeping the metal on track for a third week of gains amid political uncertainties in the United States and Europe.

Gold turns firm despite strong U.S. data, Yellen rate hike hints

Gold turns firm despite strong U.S. data, Yellen rate hike hints

Thu, Feb 16, 2017

Gold rose as the dollar came off its highs on Wednesday, shrugging off earlier pressure from stronger-than-forecast U.S. inflation and retail sales that added to expectations for near-term U.S. interest rate rises.

Market zooms 848 points for the week ahead of Union Budget

Market zooms 848 points for the week ahead of Union Budget

Sat, Jan 28, 2017

The market rebounded sharply, marking highest gains not seen since eight months for the week as the benchmark Sensex garnered 847.96 points to 27,882.46, while the broader Nifty finished well above the key 8,600-level.

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