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global gold price News
global gold price
Gold slips from four-week high as dollar, equities firm on coronavirus slowdown
Tue, Apr 07, 2020
Gold prices eased from a four-week high on Tuesday, as the U.S. dollar and global equities strengthened on signs of a slowdown in coronavirus-related deaths
Gold price: Should investors buy at current levels? Find out
Fri, Feb 07, 2020
Zee Business expert recommends buying gold around Rs 40300 - stop-loss was pegged at Rs 40150. He estimates the target price at Rs 40650.
Gold price today: Yellow metal slides from near 4-week high on China's 'band-aid' measures
Mon, Feb 03, 2020
Gold price today, dipped after hitting a near four-week high, as China`s central bank cut reverse repo rates and injected liquidity into markets to help support the economy hit by a rapidly spreading coronavirus outbreak
Your gold price to rise by 2.5%? Yellow metal at all-time high of over Rs 36,000 already - A bittersweet scenario
Mon, Jul 22, 2019
Within just a few months, the scenario has changed so much that gold, which was easily available near Rs 34,000, has clocked an all-time high of over Rs 36,000 in India.
Gold prices come down from six-year peak but remains on track for weekly gain
Fri, Jul 19, 2019
In a speech interpreted as a strong argument in favour of quick monetary action, New York Fed President John Williams on Thursday said that policymakers could not wait for economic disaster to hit before adding stimulus.
As gold prices glitter at all-time highs, is a setback on the cards? Here is what lies in store
Wed, Jun 26, 2019
If gold prices continue to shine, possibility is high demand could slow down especially in festive season.
Gold rules at all time highs of over $1400; Should you buy this yellow metal?
Mon, Jun 24, 2019
Everything is working in favor of gold right now as it has spiked to near 6-year highs. This works well for existing investors who bought the yellow metal, let’s say, last year, but sadly not a good news for anyone who is seeking to buy gold at the current levels.
Gold draws support from U.S.-China trade, global downturn fears
Thu, May 30, 2019
Gold prices rose alongside other safe-haven assets on Wednesday as the trade rift between the United States and China showed no sign of cooling, with investors fearing a global economic slowdown.
Gold hits 3-week high as US Fed defers rate hikes; palladium sets record
Fri, Mar 22, 2019
Spot gold gained 0.5 percent to $1,318.36 per ounce as of 0804 GMT, after touching its highest since Feb. 28 at $1,320.22 earlier in the session. U.S. gold futures jumped 1.3 percent to $1,318.50 an ounce.
Gold hits five-month peak as dollar slips after US jobs data
Fri, Dec 07, 2018
Gold, which is considered a safe investment during times of financial, economic and geopolitical uncertainty, has recovered about 7 percent from 19-month lows hit in mid-August.
Gold steady as risk-on sentiment weighs on dollar
Thu, Nov 22, 2018
Gold prices held firm on Thursday after hitting the highest in two weeks in the previous session, with improved risk appetite weighing on the U.S. dollar.
Gold prices steady but under pressure from firmer dollar
Mon, Nov 12, 2018
Gold prices steadied on Monday after touching a one-month low in the previous session, but the metal remains under pressure from a firmer U.S. dollar and expectations the Federal Reserve is on track to tighten borrowing costs.
Gold price many rebound to Rs 3,350/g
Mon, Nov 12, 2018
But then the price began to fall on fear of the US Fed hiking interest rates again. The Fed had on September 26 increased the rates by 25 bps to 2.25 per cent. This was the eighth hike since 2015 when it was at 0.25 per cent since the 2008 crisis.
Gold edges down as US Fed''s interest rate view strengthens dollar
Fri, Nov 09, 2018
Gold prices inched lower on Friday as the dollar firmed after the U.S. Federal Reserve kept interest rates steady with a fourth hike for this year expected next month.
Gold price soars to Rs 32,625 on festive demand, hits over 6-year high
Fri, Oct 26, 2018
Gold prices rose by another Rs 125 to trade at over six-year high of Rs 32,625 per 10 gram on Thursday, buoyed by a pick-up in festive and wedding season demand by local jewellers amid firm global trends and weakening rupee.
Gold price: Metal treads water on reports new China tariffs imminent
Mon, Sep 17, 2018
Physical gold buying waned in major Asian centres last week as bullion prices rebounded from recent lows, with dealers in India offering the metal at a discount for the first time in over a month as an uptick in local rates moderated demand.
Gold, silver drop on subdued demand
Sat, Sep 08, 2018
Pure gold (99.9 per cent purity) moved down by the same amount to end at Rs 30,580 per 10 gram against Rs 30,735, previously.
Gold slips as dollar gains after strong US jobs data
Fri, Sep 07, 2018
US job growth accelerated in August, with wages notching up their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration`s escalating trade war with China.
Gold slips as trade, emerging market worries lift dollar
Tue, Sep 04, 2018
Emerging market currencies like the Argentine peso, Turkish lira, South African rand, Brazilian real, Indonesian rupiah and Indian rupee sank as investors fear these export-oriented economies will be caught in the escalating trade conflict.
Gold gains as dollar slips; markets await Fed chairman's speech
Fri, Aug 24, 2018
Gold has lost its appeal as a safe-haven asset, having fallen about 9 percent so far this year, amid international trade disputes and the Turkish currency crisis, with investors increasingly turning to the U.S. dollar instead.