gold

Global Market: Strong signals from global markets, S&P 500 and Nasdaq again made new records

Thu, Jul 04, 2024

Strong signals from global markets. New records again in US amid mixed business. S&P 500 and Nasdaq again made new records. The Dow slipped 25 points amid narrow range trading. Tesla rallies for the third day, jumped 6.5% yesterday. Tesla shares up 25% in 3 days. Action in the market also due to 4.5% jump in NVIDIA. Crude oil strong, Brent crude crosses $87.

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Metal shines again in the commodity market, Where will the support for the rise in metals come from?

Thu, Jul 04, 2024

Metal shines again in the commodity market. Global metals are back in glory again. Where will the support for the rise in metals come from? What is the brokerage's opinion on metal? See full details from Neha Anand.

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Commodity Capsule: Gold Holds Near Lows as Rate Cut Hopes Fizzle

Thu, Jan 18, 2024

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 inch down as dollar firms

Mon, Jul 02, 2018

Spot gold was down 0.1 percent at $1,250.95 an ounce as of 0116 GMT. It gained about 0.4 percent on Friday. US gold futures were 0.1-percent lower at $1,252.70 an ounce. The dollar index, which measures the greenback against a basket of six major currencies, climbed 0.1 percent to 94.701. 

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Gold dips as dollar soars on trade woes; platinum at more than two-year low

Wed, Jun 20, 2018

Gold lost further ground on Wednesday after hitting a six-month low in the previous session and as the dollar scaled an 11-month peak on escalating trade tensions, while platinum hit a 2-1/2 year trough.  

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Post Trump-Kim meeting gold dips on strong dollar; Fed in focus

Tue, Jun 12, 2018

Gold prices edged lower on Tuesday as the dollar strengthened following a positive U.S.-North Korea summit, with markets now waiting for a likely interest rate hike by the U.S. Federal Reserve. Spot gold was down 0.1 percent at $1,297.96 per ounce at 0719 GMT and U.S. gold futures for August delivery were 0.1-percent lower at $1,301.90 per ounce.

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Gold slips on uncertainty about Fed, US-North Korea summit

Mon, Jun 11, 2018

The U.S. Federal Reserve will likely raise its target interest rate to above the rate of inflation for the first time in a decade this week, seeking to sustain the second-longest U.S. expansion on record while continuing to edge rates higher.

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Big setback for public on gold price likely; this is mark it may hit by Diwali

Sun, Jun 10, 2018

Gold prices  are likely  rise  up to Rs 34,000 per 10 grams level during Diwali mainly on the back of depreciating rupee and  geo-political  concerns, according to analysts

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Sensex to gold, this is how your market moved

Fri, Jun 08, 2018

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DRI seizes 32 kg gold in one of the biggest confiscations of smuggled yellow metal

Sat, Jun 02, 2018

Three specially tailored cloth belts having several pockets and secured by metal Zip fasteners were found to be fastened around their waist. On opening of these belts, a total of 32 pcs of primary gold bars bearing foreign inscription were recovered. Each of the gold bars was found to weigh 1 kg, bringing the total haul to 32 kgs.

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Gold slumps by Rs 300 to Rs 31,600 per ten grams on weak global cues, low demand

Sat, Jun 02, 2018

Globally, gold fell 0.37 per cent to USD 1,293.10 an ounce and silver 0.06 per cent to USD 16.38 an ounce in New York in yesterday's trade. Besides, fading demand from local jewellers and retailers at domestic spot market too fuelled the downtrend, they said.

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Gold gains as dollar rally comes off the boil

Tue, May 22, 2018

Gold edged up on Tuesday from  a 2018  low as the dollar fell from its five-month high, although risk appetite in the broader financial markets kept the metal`s gains in check. The dollar lost momentum following a rally prompted by rising U.S. bond yields and the prospect of a resolution to U.S.-China trade tensions.

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Gold prices slip as investors eye riskier assets

Tue, May 22, 2018

Gold prices dipped slightly on Tuesday, hovering not far off a 2018 low struck in the previous session as a firm dollar near five-month highs and optimism in global markets curbed appetite for the precious metal.  

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Gold hits five-month low as U.S. trade war with China ''on hold''

Mon, May 21, 2018

Gold slid to a near five-month low on Monday, as the dollar rose and demand for safe-haven assets eased after U.S. Treasury Secretary Steven Mnuchin said a trade war between China and the United States was "on hold".

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Gold Price in India today: Rates rise, here is what it will cost you

Wed, May 16, 2018

Global gold prices rose during the day, on the back of a subdued dollar as investors considered the prospects of fewer interest rate hikes in the United States this year. 

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Gold Price in India today: 24 karat, 22 karat show opposite trends despite positive global cues; silver price surges

Tue, May 15, 2018

Global gold prices rose during the day, on the back of a subdued dollar as investors considered the prospects of fewer interest rate hikes in the United States this year.     

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Gold prices edge higher as dollar retreats from 2018 peak

Mon, May 14, 2018

Higher U.S. interest rates, possibly in June at the Federal Reserve`s next meeting, will weigh on gold, but analysts say they are unlikely to push gold significantly lower. "Over the short term, and particularly during May, we see gold trading between $1,285 and $1,338 an ounce as continued strength in the dollar and rising rates pressure values lower," said INTL FCStone analyst Edward Meir.  

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Investors continue to exit from Gold ETFs in April; prefer equities

Mon, May 14, 2018

Trading in gold ETF segment has been lukewarm during the last five years. It witnessed an outflow of Rs 835 crore, Rs 775 crore, Rs 903 crore, Rs 1,475 crore and Rs 2,293 crore in 2017-18, 2016-17, 2015-16, 2014-15 and 2013-14, respectively

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Gold Price in India today: Amid global cues , yellow metal rises gradually

Mon, May 14, 2018

Global gold prices rose during the day, on the back of a subdued dollar as investors considered the prospects of fewer interest rate hikes in the United States this year.

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What price is gold today? Here is what you will need to pay

Sat, May 12, 2018

Gold price in India has been a perfect hedge against inflation over the years and investors are now increasingly looking at it as an important source of investment. Here's where the prices of 24 karat and 22 karat gold stand currently. 

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Should you invest in gold? Yes, but only if it meets your financial goals

Thu, May 10, 2018

India is by far the major consumer of gold across the world. Whether it is a religious occasion, weddings, or while planning our children’s marriage, the yellow metal plays an important role, both as jewellery and investment.

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Gold price in India today: Rates soar despite weak global demand

Wed, May 09, 2018

Gold price in India has been a perfect hedge against inflation over the years and investors are now increasingly looking at it as an important source of investment. Here's where the prices of 24 karat and 22 karat gold stand currently. 

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Gold seen at highest annual price for five years in 2018: GFMS

Tue, May 08, 2018

The GFMS metals research team, a unit of Thomson Reuters, predicted gold would average $1,360 an ounce this year, up 8 percent from 2017, with some short-term moves towards $1,500. Gold has not risen above that level since early 2013

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