Yellow Metal
Recent Highlights
All Stories for Yellow Metal
Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee
•Gold ETFs had seen a net outflow of Rs 17.66 crore in July this year and a net outflow of Rs 45 crore in August 2018.
Gold prices expected to go up as investors bet on precious metal; muted consumer demand to perk up with festive season next month
Sulekha_nair •The loose monetary policies of countries and the central banks across the globe diversifying into gold has also contributed majorly in the sharp spike in gold prices,
Gold surges to record high of Rs 36,970 per 10 gram on Sino-US trade tensions; silver soars Rs 1,000
•Experts said gold reaching its highest level since May 2013 due to the US-China tensions and increased demand by local jewellers were the factors that propelled the yellow metal to record high level.
Gold prices zoom Rs 930 to Rs 35,800 per 10 gram on firm global cues after Fed chief hints at rate cut soon
•Meanwhile, globally spot gold was trading at $1,420.80 an ounce. Similarly, silver was also up at $15.24 per ounce in New York.
Gold prices near four-month low as Fed Reserve stance boosts dollar; yellow metal on course for a weekly drop
•Spot gold was hardly changed at $1,272.01 per ounce. In the previous session, the yellow metal dropped to $1,265.85, its lowest since end-December.
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 snaps four-day rally on subdued demand, still stays above Rs 33,000-mark per 10 gram; silver also slides
•In the national capital, gold of 99.9 percent and 99.5 percent purities declined by Rs 40 each to Rs 33,030 and Rs 32,880 per 10 gram, respectively.
Gold crosses Rs 33,000-mark per 10 gram on weak rupee, firm overseas trend; silver rises Rs 410 as local demand up
•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.
India gold demand may touch up to 950 tonnes level by 2020: WGC
•WGC said after plummeting last year, demand for the precious metal is unlikely to fall further.