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Festival demand for gold dims as price rally bites

Festival demand for gold dims as price rally bites

Fri, Oct 19, 2018

Demand in India, the second biggest gold consumer after China, usually strengthens towards the end of the year during the traditional wedding season and major festivals including Diwali and Dusherra, when bullion buying is considered auspicious. 

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This big factor drives India to gold in Dussehra

This big factor drives India to gold in Dussehra

Fri, Oct 19, 2018

Slide in the rupee and the current volatility in the economy has not dampened the purchase of gold on Dussehra, market sources say. 

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Gold price to touch Rs 37,000! Here's why you should buy before Diwali

Gold price to touch Rs 37,000! Here's why you should buy before Diwali

Tue, Oct 16, 2018

Gold is trading around Rs 32,100. Why is this important for investors? 

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Gold inches up as retreat of bond yields weigh on dollar

Gold inches up as retreat of bond yields weigh on dollar

Wed, Oct 10, 2018

Gold prices crawled higher on Wednesday, as long-dated U.S. Treasury yields retreated from multi-year highs, pressuring the dollar.

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Gold price seen at Rs 45,000, here are reasons you should invest now

Gold price seen at Rs 45,000, here are reasons you should invest now

Thu, Aug 30, 2018

In Asia, Southeast and Central Asian nations have been especially keen to ramp up their gold holdings. 

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Why people invest in gold and reason for them not to

Why people invest in gold and reason for them not to

Wed, Aug 22, 2018

Gold has always been a good investment to help save for the future, also because it can be easily liquidated at the time of need. There are many other reasons that Indian households still prefer to invest in gold even though it may not be performing well or beating inflation and these are:

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India showers less love on gold in quarter

India showers less love on gold in quarter

Thu, Aug 02, 2018

In value terms, gold demand was Rs 52,692 crore, almost same as the second quarter of 2017 at Rs 52,750 crore. Total jewellery demand also dropped by 8 per cent during the quarter 147.9 tonnes compared to 161 tonnes in the same period last year.

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Gold heads for fourth month of losses, worst streak since 2013

Gold heads for fourth month of losses, worst streak since 2013

Tue, Jul 31, 2018

The dollar was flat versus a currency basket, following a  three month  streak of gains, with the U.S. Federal Reserve set to reaffirm the outlook for further gradual rate rises at the end of its two-day rate review through Wednesday. [FRX/]

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Gold imports in June qtr dip 25% to $8.43 bn

Gold imports in June qtr dip 25% to $8.43 bn

Sun, Jul 15, 2018

Gold imports fell by 25 per cent to USD 8.43 billion in the first quarter of the current fiscal due to sliding prices of the metal in both global and domestic markets. 

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Gold slides to seven-month lows as dollar climbs

Gold slides to seven-month lows as dollar climbs

Fri, Jul 13, 2018

Gold prices are down about 9 percent since mid-April. Tensions between the United States and China eased after U.S. Treasury Secretary Steven Mnuchin said on Thursday talks between the world`s two largest economies could be reopened if Beijing was willing to make significant changes.

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Gold steady but lacks upside momentum despite trade war fears

Gold steady but lacks upside momentum despite trade war fears

Thu, Jul 12, 2018

Gold steadied on Thursday as the dollar came off the boil, though the market lacked direction and seemed unable to capitalise on escalating trade tensions. Stock markets and commodities regained some poise after a turbulent session on Wednesday when the United States ratcheted up trade war threats on China.   

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Gold ETFs outflows hit Rs 150 cr mark; stocks to blame

Gold ETFs outflows hit Rs 150 cr mark; stocks to blame

Wed, Jul 11, 2018

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

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Gold touches two-week peak on yuan rebound, weaker dollar

Gold touches two-week peak on yuan rebound, weaker dollar

Mon, Jul 09, 2018

There has been a strong correlation recently between the yuan and gold, analysts said. "I think most likely the yuan will remain volatile but (I don`t expect ...) aggressive weakness, so that means the only thing that is driving gold at the moment is the dollar, which is somewhat weaker," said Georgette Boele, commodity strategist at ABN AMRO in Amsterdam.  

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Gold prices inch down as dollar firms

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

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

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

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

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

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

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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