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gold price News
Gold near one-week high as dollar loses ground, oil rallies
Tue, Apr 09, 2019
Gold prices rose on Tuesday and were hovering close to their highest in more than a week touched in the previous session as the dollar eased on weak U.S. economic data, with the metal gaining further support from higher oil prices.
Gold prices near one-week high on subdued dollar, equities
Tue, Apr 09, 2019
Gold inched higher on Tuesday, trading just below a more than one-week peak hit in the previous session, as Asian equities eased and the dollar weakened following sombre U.S. economic data.
Gold eases as stocks gain after mixed US jobs data
Sat, Apr 06, 2019
Gold eased on Friday as Wall Street gained on data pointing to a rebound in jobs growth in the United States, but bullion`s losses were limited by a simultaneous slowdown in wage growth.
Gold dips towards 10-week low ahead of US jobs data
Fri, Apr 05, 2019
"There is a strong possibility that the risk appetite might get strong if economic indicators show some sort of upturn (in the economy`s strength) and we might see gold prices dropping." Gold on Thursday breached its 100-day moving average around $1,282 an ounce for the first time since at least November, mainly pressured by robust U.S. data and as trade optimism improved risk appetite.
Gold edges higher as dollar eases, equities rally pauses
Thu, Apr 04, 2019
An escalation of the U.S.-China trade war would drive manufacturing away from both countries and likely cause job losses, but would not change their total trade balances, an International Monetary Fund (IMF) report showed on Wednesday.
Gold prices dip for another week
Sat, Mar 09, 2019
Traders said sentiment remained downbeat on a weak trend overseas and strengthening of rupee against the dollar, making imports of gold cheaper.
Gold steadies as ECB stance drag equities; U.S. jobs data eyed
Fri, Mar 08, 2019
Gold held steady on Friday as risk appetite faded after the European Central Bank cut its growth forecasts and launched an emergency round of policy stimulus, while a strong dollar capped gains ahead of U.S. non-farm payrolls data.
Indians invest more in this asset class than bonds, real estate, other assets; this Indian city topped 'Future Cities' list
Wed, Mar 06, 2019
The annual publication includes the Knight Frank City Wealth Index; price movements across 100 luxury residential property markets; the results of Knight Frank’s Luxury Investment Index; and, the Attitudes Survey.
Money making tip: This SBI gold deposit scheme helps you earn interest like a fixed deposit
Wed, Mar 06, 2019
SBI in its Revamped Gold Deposit Scheme, allows citizens to earn between 0.50% to maximum 2.50% interest rate depending upon the tenure you decide to keep your gold. Investors should check sbi.co.in.
Gold inches up as dollar eases on Sino-US trade hopes, palladium hits record
Mon, Feb 25, 2019
Gold prices edged up on Monday as the dollar eased after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods as trade talks between the two nations were making progress, while palladium hit a record-high.
Gold steady near 10-month high; palladium hits record level
Tue, Feb 19, 2019
Palladium hit a record high of $1,459 an ounce in early trade as a sustained supply deficit boosted the autocatalyst metal
Valentine's Day special: Diamond or gold? This gift will leave a lasting impression on your loved one
Thu, Feb 14, 2019
Interestingly, on this day, there is also huge demand for gold, jewelries and diamond, hence, it becomes very important to make sure your gift is wise and helpful in future as well.
Budget 2019: Joy for you? Will gold prices fall? This big movement expected to stir yellow metal
Fri, Feb 01, 2019
Budget 2019: One of the most-looked forward to announcements is the announcement of gold policy draft and reduction in import duties. Yes, that should translate into cheaper gold for buyers.
Asia Gold: India buyers cash in on dips; Lunar New Year boosts China demand
Fri, Jan 25, 2019
Demand has been slowly improving from retail buyers but still, higher prices are deterring many consumers, said Harshad Ajmera, the proprietor of JJ Gold House, a wholesaler in the eastern Indian city of Kolkata.
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 rush continues on Federal rate pause bets
Tue, Jan 08, 2019
Gold held steady on Tuesday as bets on a pause in U.S. interest rate hikes and hopes of a Sino-U.S. trade deal put pressure on the dollar, but an improved risk appetite capped gains for the safe-haven metal.
Weak dollar fuels gold prices in commodity future market
Mon, Jan 07, 2019
On account of weaker US dollar on expectations that the US Federal Reserve might apply brakes on its monetary tightening cycle in 2019, although an improved risk appetite limited gains for the safe haven metal gold prices have shown bullish trend on Monday.
Gold futures nudges higher on strong global cues
Mon, Jan 07, 2019
Analysts said, speculators widened bets tracking a firm global trend, helped by a weaker dollar on expectations that the US Federal Reserve might apply brakes on its monetary tightening cycle in 2019, influencing gold prices at futures trade here.
Gold prices down after solid jobs data; palladium crosses key $1,300 mark
Sat, Jan 05, 2019
Gold fell on Friday, pulling back from a more than six-month peak hit earlier in the session, as robust U.S. jobs data eased some concerns about an ailing economy, while palladium prices punched through the key $1,300 level for the first time.
Gold is now cheaper: Here is how much you need to pay in your city
Fri, Dec 28, 2018
Prabhu said that they are pushing for gold policy as they need an integrated policy and in the next few days, they will have a meeting of all concerned people to frame the policy on an expeditious basis. We are looking at all elements of gold in the policy.