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global gold prices News
global gold prices
Gold prices climb as investors await concrete signals on global uncertainties
Fri, Oct 11, 2019
Equity markets gained after US President Donald Trump said he would meet with China`s top trade negotiator, while a White House official said the first day of talks had gone "probably better than expected."
Gold prices steady as focus shifts to US nonfarm payrolls data
Thu, Oct 03, 2019
Gold prices were little changed on Thursday, following an over 1% jump in the previous session, as investors awaited more data to gauge the health of the US economy.
Gold rises as investors wait for US Fed policy decision today
Wed, Sep 18, 2019
A Fed rate cut this week could put pressure on the Bank of Japan to ease policy on Thursday. Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies.
Middle East tensions: Gold gains 1% as attack on Saudi oil facilities boosts safe-haven assets
Tue, Sep 17, 2019
Markets are awaiting policy decisions from the U.S. Federal Reserve and Bank of Japan on Wednesday. Lower U.S. interest rates put pressure on the dollar and bond yields, increasing the appeal of non-yielding bullion.
Gold demand ticks up in India ahead of festivals; subdued elsewhere as US data dents safe-haven demand
Fri, Sep 06, 2019
Gold futures in India, the biggest bullion consumer after China, were trading around 38,504 rupees per 10 grams today.
Global trade war: Gold eases but holds near 6-year highs on trade, economic concerns
Wed, Sep 04, 2019
Spot gold fell 0.6% to $1,537.22 per ounce at 1215 GMT, but hovered near last week`s $1,554.56, its highest since April 2013. US gold futures were down 0.7% at $1,545.70.
Gold price eases after soaring record high of Rs 40,000 mark amid recession fears
Sat, Aug 31, 2019
In Delhi today, the yellow metal is trading at Rs 38,900 per 10 gram for 24 carat, while 22 carat is being sold at Rs 37,700 per 10 gram.
Gold soars 2% after Jerome Powell speech, President Trump tweets on trade tensions with China
Sat, Aug 24, 2019
Powell said the U.S. economy is in a "favorable place," but gave few clues about interest rate cuts at its next meeting. However, he listed a series of economic and geopolitical risks the Fed is monitoring, noting these were linked to the trade spat.
Gold price prediction for Diwali 2019: Analysts see cost at Rs 40,000 per 10 gram!
Sat, Aug 17, 2019
Experts across the globe are suggesting investment in gold and other precious metals amid these uncertain times as insurance against economic uncertainty.
Gold price soars to life-time high of Rs 38,070 per 10 gram amid global trade tensions
Wed, Aug 07, 2019
On the global front today, Gold prices jumped 1% to their highest in more than six years, spurring investors to seek refuge in safe-haven assets.
Gold prices hit over six-year peak as US-China trade war jitters spark safe-haven rush
Wed, Aug 07, 2019
The world`s two-largest economies are locked in a bitter trade tussle that rapidly escalated late last week when U.S. President Donald Trump said he would impose additional tariffs on Chinese goods.
Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts
Thu, Aug 01, 2019
Gold Prices: In the wake of Powell`s comments, the dollar rose 0.3% to a two-year high on Thursday, making gold more expensive for holders of other currencies.
Gold rebounds as dollar dips ahead of US jobs data report
Fri, Mar 08, 2019
The dollar index was down 0.3 percent, having hit a near three-month peak in the previous session after the ECB postponed an interest rate hike until 2020, making gold cheaper for holders of other currencies.
Gold extends losses on weak global cues, muted demand
Sat, Jan 12, 2019
Globally, gold ended lower at USD 1,287.80 an ounce and silver rose to USD 15.67 an ounce in New York.
Gold prices rise by Rs 170, silver inches up
Thu, Dec 06, 2018
Gold prices Thursday rose by Rs 170 to close at Rs 32,120 per 10 gram at the bullion market in the national capital on increase in demand from local jewellers amid firm trend in the overseas market.
Gold prices hit near 12-week high as falling markets burnish appeal
Mon, Oct 15, 2018
U.S. gold futures were up 0.8 percent at $1,231.80 an ounce. "There is a huge change in sentiment when it comes to the yellow metal because it is playing the role of a safe-haven asset here. We see fund flows from the equity markets going into gold," Think Markets UK chief markets analyst Naeem Aslam said.
Gold prices edge up, but still set for longest monthly losing streak since 2013
Fri, Aug 31, 2018
Analysts and traders said gold would closely track moves in the dollar, in which the metal is priced, especially with investors bracing for the next round of the U.S.-China trade conflict.
Gold inches lower as dollar holds firm on US tax bill hopes
Mon, Dec 18, 2017
Gold prices edged lower on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in the United States moved a step closer to ratification. Spot gold was down about 0.1 percent at $1,254.40 an ounce at 0346 GMT.
Gold prices hit six-week low on rate hike expectations
Fri, May 05, 2017
Spot gold was down 0.8 percent at $1,227.94 an ounce by 3:02 p.m. EDT (1902 GMT) after touching $1,225.20, the lowest since March 17, and extending losses below the 50- and 200-day moving averages. Support was seen around $1,221, the 100-day moving average.