Gold Price

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Gold Price - Total results - 21
Gold futures fall by Rs 353 to Rs 41,853 per 10 gram on weak global cues as participants cut down positions
Business

Gold futures fall by Rs 353 to Rs 41,853 per 10 gram on weak global cues as participants cut down positions

On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 353, or 0.84 percent, to Rs 41,853 per 10 gram in a business turnover of 4,338 lots.

Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched
Business

Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched

The plunge, as the coronavirus pandemic spreads, gathered pace after U.S. President Donald Trump spooked investors with a move to restrict travel from Europe, and after the European Central Bank disappointed markets by holding back on rate cuts

Gold edges up after a sharp drop in the previous session as US warning heightens coronavirus concerns
Business

Gold edges up after a sharp drop in the previous session as US warning heightens coronavirus concerns

Spot gold was up 0.3 percent at $1,639.74 per ounce, having slumped as much as 1.9 percent in the previous session.

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC
Business

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC

In 2019, the WGC said India's gold demand in volume terms declined to 690.4 tonnes from 760.4 tonnes in 2018, out of which jewellery demand fell nine percent to 544.6 tonnes from 598 tonnes.

Gold prices soar Rs 187 to Rs 39,053 per 10 gram, silver jumps Rs 495 after rally in international prices, rupee fall
Business

Gold prices soar Rs 187 to Rs 39,053 per 10 gram, silver jumps Rs 495 after rally in international prices, rupee fall

Spot gold for 24 Karat in Delhi was trading higher by Rs 187 with rally in international prices and rupee depreciation, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Gold crosses record Rs 40,000-mark per 10 gram level for the first time as recession fears seep in
Business

Gold crosses record Rs 40,000-mark per 10 gram level for the first time as recession fears seep in

Gold prices on Thursday jumped Rs 250 to breach the record Rs 40,000 per 10 gram level for the first time at the bullion market here on strong demand from investors amid growing fears of a global economic slowdown

Gold loses sheen, falls Rs 150 to Rs 32,720 per 10 gram on lacklustre demand from local jewellers
Business

Gold loses sheen, falls Rs 150 to Rs 32,720 per 10 gram on lacklustre demand from local jewellers

In the national capital, gold of 99.9 percent and 99.5% purities dropped by Rs 150 each to Rs 32,720 and Rs 32,550 per 10 gram, respectively.

Gold hits two-week high as investors opt for safe-haven metal after British lawmakers reject Brexit deal
Business

Gold hits two-week high as investors opt for safe-haven metal after British lawmakers reject Brexit deal

Spot gold was up 0.2 percent at $1,304.26 per ounce after touching its highest since 1 March at $1,305.69 earlier in the session.

Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Business

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
Business

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.

Domestic gold demand dips 1.40% to 760.4 tonne in 2018 on higher prices, govt measures; rises 4% globally: Report
Business

Domestic gold demand dips 1.40% to 760.4 tonne in 2018 on higher prices, govt measures; rises 4% globally: Report

Various central banks bought 74 percent more gold, adding 651.5 tonne more to their official gold reserves in 2018, compared with 374.8 tonne in 2017, the report said.

Gold crosses Rs 34,000-mark; uncertainty over outcome of Sino-US trade talks, action against Huawei push up prices
Business

Gold crosses Rs 34,000-mark; uncertainty over outcome of Sino-US trade talks, action against Huawei push up prices

Globally, gold rose to $1,314.76 an ounce and silver traded higher at $15.96 an ounce in New York.

Gold prices may rebound to Rs 33,500 per 10 gms if rupee rallies back to 71, say experts
Business

Gold prices may rebound to Rs 33,500 per 10 gms if rupee rallies back to 71, say experts

If the interest rate rises from current levels, it will increase borrowing costs and will be negative for gold, because then the bond market will be more attractive than gold, which has hardly given any returns in the last five years,

Gold tracks US dollar as interest rates take a back seat; trend expected to continue over coming months, says World Gold Council
Business

Gold tracks US dollar as interest rates take a back seat; trend expected to continue over coming months, says World Gold Council

One of the reasons the dollar will overtake rates to explain the direction of the gold price is that movements in the American unit already reflect inflation expectations of monetary policy in the world's largest economy, the WGC said

Akshaya Tritiya today: Buy gold using Paytm; it's easy but there are many conditions
Business

Akshaya Tritiya today: Buy gold using Paytm; it's easy but there are many conditions

Definitely PayTm platform make buying and selling digital gold, easy, but the number of terms and conditions that apply simple steal the luster.

Gold price spikes 30-month high to Rs 31,550 on demand pick up
Business

Gold price spikes 30-month high to Rs 31,550 on demand pick up

Globally, gold rose 0.2% to $1,352.16 an ounce in Singapore Wednesday

Global stocks dip, dollar strengthens after Fed officials hint at April rate hike
Business

Global stocks dip, dollar strengthens after Fed officials hint at April rate hike

The dollar rose 0.29 percent to 95.357 against a basket of major currencies

Gold buying picks up in Asia as price drops; festive season in India may boost demand
Economy

Gold buying picks up in Asia as price drops; festive season in India may boost demand

Premiums across major gold trading centers increased slightly. In top buyer China, local prices were $4-$5 an ounce higher than the global benchmark on Friday, compared with about $2 last week.