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Gold prices gain up to Rs 750/10 gm in 2 days on MCX; 24K gold quotes at Rs 77,359/10 gm

Gold prices gain up to Rs 750/10 gm in 2 days on MCX; 24K gold quotes at Rs 77,359/10 gm

Thu, Nov 28, 2024

Gold prices in Thursday's trade were trading higher on the back of fresh geo-poltiical tensions.

Gold prices fall nearly Rs 1,100 today after previous week's nearly Rs 3,700 per 10 gm gain last week

Gold prices fall nearly Rs 1,100 today after previous week's nearly Rs 3,700 per 10 gm gain last week

Mon, Nov 25, 2024

Gold prices in Monday's trade (November 25) saw a sharp cut of over 1 per cent or nearly Rs 1,100 per 10 gm after the previous week's sharp rally which led the gold to jump to nearly Rs 77,000 per 10 gm level on the MCX.

Dhanteras 2024: Blinkit and other online platforms offer gold coin options, check latest city-wise rates

Dhanteras 2024: Blinkit and other online platforms offer gold coin options, check latest city-wise rates

Tue, Oct 29, 2024

Dhanteras 2024: Latest gold rates and where to buy coins online, including Blinkit’s offers

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Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Sat, Dec 02, 2017

Stocks and the greenback tanked mid-session after an ABC report that former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.

Gold briefly jumps 1.2% as Flynn probe roils markets

Gold briefly jumps 1.2% as Flynn probe roils markets

Sat, Dec 02, 2017

Shares on Wall Street fell immediately after the report. Investors feared the political news could affect whether the Senate will pass a tax bill backed by Trump.

Gold inches up as dollar weakens after US Senate tax bill stalls

Gold inches up as dollar weakens after US Senate tax bill stalls

Fri, Dec 01, 2017

Gold prices edged higher early Friday, after marking a 3-1/2 week low in the previous session, as the dollar weakened slightly after the progress on U.S. tax legislation hit a roadblock. FUNDAMENTALS

Gold dips on profit taking; analysts predict a rebound

Gold dips on profit taking; analysts predict a rebound

Fri, Nov 24, 2017

The Fed`s cautious view of inflation could lead to a longer period of low interest rates which provides a solid platform for gold investment, said an analyst with Thomson Reuters-owned metals consultancy GFMS.

Gold inches down amid Fed inflation concerns

Gold inches down amid Fed inflation concerns

Thu, Nov 23, 2017

Gold prices nudged lower early Thursday, after gaining nearly one percent in the previous session on weaker U.S. economic data and concerns by some Federal Reserve policymakers about lower inflation. FUNDAMENTALS

Gold prices nudge up ahead of Fed meeting minutes

Gold prices nudge up ahead of Fed meeting minutes

Wed, Nov 22, 2017

Gold prices inched up early on Wednesday as investors remained cautious ahead of the release of minutes from the U.S. Federal Reserve`s last meeting, which could offer hints on the outlook for the central bank`s monetary policy. FUNDAMENTALS

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 smugglers now prefer Europe over Gulf countries: Customs

Gold smugglers now prefer Europe over Gulf countries: Customs

Sun, Nov 19, 2017

Recent cases of gold seizure show that smugglers are opting for the European route and newer modus operandi, they said.

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.

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.

Gold hits one-week low after U.S. economic data

Gold hits one-week low after U.S. economic data

Fri, Nov 03, 2017

The greenback gained on a strong reading of U.S. factory orders and the services sector, reversing earlier losses after an underwhelming October jobs report.

Gold edges down on caution ahead of key cenbank meetings

Gold edges down on caution ahead of key cenbank meetings

Mon, Oct 30, 2017

Gold inched lower on Monday as investors remained cautious ahead of policy meetings of three major central banks and the naming of the next U.S. Federal Reserve chair.

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 loses sheen in Diwali trade, down Rs 250

Gold loses sheen in Diwali trade, down Rs 250

Thu, Oct 19, 2017

The slide in gold prices was attributed to absence of worthwhile activity as jewellers and retailers made token purchases on the auspicious occasion of 'Diwali' and beginning of Hindu Samvat year 2074.

Gold prices steady amid firm dollar

Gold prices steady amid firm dollar

Thu, Oct 19, 2017

Gold prices were nearly unchanged early on Thursday as the dollar held firm on the back of strong U.S. Treasury yields.FUNDAMENTALS * Spot gold was steady at $1,281.24 an ounce at 0053 GMT. It hit an over one-week low of $1,276.73 in the previous session.=>

Why buy physical gold when there are safer ways to invest?

Why buy physical gold when there are safer ways to invest?

Wed, Oct 18, 2017

Festive season is always considered as good time to invest in gold. Usually financial experts suggest that gold should not exceed 5 - 10% of one's portfolio.

Dhanteras: Things to remember while buying gold this Diwali

Dhanteras: Things to remember while buying gold this Diwali

Tue, Oct 17, 2017

Be it any occasion, Indians love to dress up with a touch of gold jewellery. Dhanteras is considered as most auspicious day for Indians to purchase jewellery.

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