Gold Futures News
The gold futures for April were down 0.96 percent or Rs 435.00 to Rs 45,113.00 per 10gm on MCX at 4.37 pm today
Gold climbs as US riots spark safe-haven rush; mounting tensions with China extend support to yellow metal
Indicative of sentiment, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.3 percent to 1,123.14 tonnes on Friday, a fresh seven-year high.
Gold prices hit two-week low on optimism around reopening of economies; US-China tensions temper losses
Gold prices touched a two-week low on Wednesday due to optimism around the reopening of several economies, but increasing Sino-US frictions over Beijing’s proposed security law for Hong Kong tempered losses
Gold surrenders early gains to trade flat at $1,731.5 per ounce; coronavirus vaccine hopes spur risk appetite
Gold gave up early gains on Tuesday to trade flat below a 7-1/2-year high hit in the last session, as risk appetite improved on promising early-stage data for a potential COVID-19 vaccine
Gold held steady on Wednesday as market participants stayed away from making big bets ahead of a speech by Federal Reserve Chairman Jerome Powell amid rising speculation the United States could one day adopt negative interest rates
Gold prices on Monday rose Rs 771 to Rs 46,065 per 10 gram in futures trade as speculators indulged in creating fresh positions on firm spot demand
Gold prices fall by Rs 444 to Rs 39,800 per 10 gram in futures trade; participants cut down positions on weak global cues
Gold prices on Wednesday fell by Rs 444 to Rs 39,800 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas
Gold eases from 7-year high, but coronavirus fears limit losses; further escalation in epidemic likely to propel market higher
Spot gold was down 0.2 percent to $1,657.40 per ounce, after declining 1 percent earlier in the session. On Monday, the metal rose as much as 2.8 percent to its highest since January 2013 at $1,688.66.
Gold prices jump over 2% to highest since February 2013 as coronavirus spread spurs safe-haven demand
Spot gold was up 1.1 percent at $1,661.86 per ounce, after climbing to $1,678.58 earlier in the session. US gold futures rose 1 percent to 1,664.60.
Gold prices slip from near-7-year high amid de-escalation of tensions in West Asia; investors book profit
Gold, considered a safe asset in times of political and economic uncertainty, had jumped in the last two sessions on concerns of a wider conflict after a US airstrike killed Iran’s top military commander Qassem Soleimani last week
Gold shines on Dhanteras; trade records 30 tonnes of sales, registers around 25% drop in demand against last year
Traders expected only 20 tonnes of gold to be sold in the domestic bullion market on Dhanteras this year, due to weak demand.
Gold prices rise on global growth worries, US-EU trade row; factory activity shrinks in Europe, Asia in June
The rise in gold was capped by a strong dollar, which hovered near its highest in over a week, buoyed by an agreement between the United States and China to resume talks to resolve their trade war.
Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Spot gold was up 0.2 percent to $1,288.46 per ounce, after slipping to $1,282.50 in the previous session, its lowest since 25 January.
Gold prices jump Rs 230 to Rs 34,680 per 10 gram on positive global cues; slow local demand caps gains
In the national capital, gold of 99.9 percent and 99.5 per cent purities jumped by Rs 230 each to Rs 34,680 and Rs 34,530 per 10 gram, respectively.
Gold climbs to six-month peak on global growth concerns, govt shutdown in US; silver, platinum rise too
Spot gold climbed 0.3 percent to $1,271.85 per ounce. The metal hit $1272.56 in early trade, its highest since 20 June.
The price gains in gold came amid a plunge in the rupee, which fell to a record low against the dollar on Friday.
Demand has taken a hit in Kerala. For the next few weeks, demand will remain sluggish there as people are focusing on building their damaged homes, said jewellers
Gold pares losses from 19-month low as US dollar softens on reports of Beijing to hold talks with Washington
Spot gold was down 0.2 percent at $1,172.48 an ounce as of 0426 GMT, after earlier falling as much as 1.2 percent to $1,159.96, its lowest since January 2017.
In the Indian market, gold futures were trading at around 29,800 rupees per 10 grams on Friday, having fallen to the lowest since 19 January, at 29,638 rupees, earlier this week.
Gold prices in India, the world's second biggest consumer, jumped 1.4 percent on Monday after Budget 2016 was unveiled