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gold price News
Dhanteras 2018: Where can you buy the best gold in India? Good news! Yellow metal cheaper today
Mon, Nov 05, 2018
Those who are set on buying the shiny metal should know that the price of gold has actually come down today on this festive occasion! This will surely add wings to their efforts to grab a piece of gold for themselves.
Gold prices hold steady ahead of US elections
Mon, Nov 05, 2018
Gold prices held steady on Monday as investors were cautious ahead of the U.S. congressional elections due on Tuesday which will determine whether the Republican or Democratic Party controls Congress.
Dhanteras 2018 gold buying decoded! What is better for you, gold coins or gold bars? Find out
Sun, Nov 04, 2018
While there is section of people that prefers to buy jewelry in either gold, silver, white gold or platinum, there is also another one that prefers gold coins or gold bars. This decoding exercise is all about the latter.
Next tranche of sovereign gold bonds scheme from Nov 5
Fri, Nov 02, 2018
The government will launch the next tranche of sovereign gold bonds scheme on November 5. "The issue price of the bond during this subscription period i.E. November 5-9, 2018, shall be Rs 3,183 per gram with settlement on November 13, 2018, as also published by RBI in the Press Release dated October 12, 2018," an official statement from the Finance Ministry said.
Gold rallies as dollar retreats from multi-month highs
Thu, Nov 01, 2018
Gold rose on Thursday as the dollar retreated and made the metal less expensive for holders of other currencies.
Gold price increase to dampen Indian festive purchases, says WGC
Thu, Nov 01, 2018
Indian gold demand in 2018 is expected to fall from the previous year as a rally in local prices to five-year highs is likely to dent purchases during key festivals in the December quarter, the World Gold Council (WGC) said on Thursday.
Gold price: Ahead of Dhanteras, high rates, cash crunch make buyers do this
Sun, Oct 28, 2018
Gold is likely to lose its sheen this 'Dhanteras' due to liquidity crunch amidst rising prices and other investment options, say market experts and the industry. If the sluggish sentiment prevails this will be the second consecutive year of poor sales.
Gold price shocker! Yellow metal to draw tears from buyers during Diwali
Thu, Oct 25, 2018
Rising by over Rs 125, gold prices have soared to a 6-year high at Rs 32,625 per 10 grammes on Thursday. The reasons behind the rising Gold price graph are the on going festive and wedding seasons, weakening rupee according to the traders.
Your Dhanteras shopping may turn expensive; gold price in Mumbai seen edging higher
Tue, Oct 23, 2018
As gold is considered the biggest symbol of wealth and prosperity, rising price can be a reason to worry, especially in this cosmopolitan, yellow metal-loving city.
Gold near highest in over two months as equity plunge boosts safe-haven appeal
Fri, Oct 12, 2018
Spot gold was down 0.2 percent at $1,221.06 an ounce at 1255 GMT. On Thursday, it jumped about 2.5 percent after marking its highest since July 31 at $1,226.27. That was also the metal`s best one-day percentage gain since June 2016.
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 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.
Gold inches higher as U.S.-China trade optimism pressures dollar
Mon, Aug 20, 2018
Gold prices inched higher on Monday as hopes of easing trade tensions between the United States and China put pressure on the dollar, adding to demand for the yellow metal that improved last week after prices touched 19-month lows.
Gold prices sink to 19-month low amid strong dollar
Thu, Aug 16, 2018
Gold prices shed over one percent on Thursday to hit their lowest in more than 19 months, with the U.S. dollar holding steady near a recent peak as concerns about a Turkey crisis and China`s economic health weighed on emerging market currencies.
Gold prices hold steady ahead of US-EU trade talks
Wed, Jul 25, 2018
Spot gold was nearly unchanged at $1,223.97 an ounce at 0333 GMT. U.S. gold futures for August delivery were 0.1 percent lower at $1,223.90 an ounce.
Gold inches down on firmer dollar, muted response to U.S.-Iran tension
Tue, Jul 24, 2018
Gold prices edged down on Tuesday on a firmer dollar and a rise in U.S. Treasury yields and as investors` reaction to the dispute between the United States and Iran remained muted. Spot gold was down 0.3 percent at $1,220.27 an ounce at 0703 GMT. U.S.
Gold prices recover from 6-month low as dollar drops; Russia buys bullion
Fri, Jun 22, 2018
Spot gold was up 0.2 percent at $1,265.4 an ounce at 1501 GMT but off a low of $1,260.84, its weakest level since Dec 19. US gold futures GCcv1 for August delivery settled down $4, or 0.3 percent, at $1,270.50 per ounce.
Gold prices gain as US-China trade spat stokes safe-haven buying
Tue, Jun 19, 2018
Asian stocks and the US dollar extended a global downturn after President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods in an escalating tit-for-tat trade war between the world`s two biggest economies.