Spot Gold
Gold price edges up, holds tight range ahead of US data
Fri, Apr 03, 2020
"It`s still a tug-of-war situation for gold between the virus and the equity markets; when equity markets further sell off, there is request for margin calls again. So it`s very unclear if there will be an upward trend, and gold is expected to be range-bound in the near-term."
More >
Gold rises 1% on flight to safety driven by pandemic fears
Wed, Apr 01, 2020
"The ramification of easing monetary policy cycle and trillion dollars of stimulus means the market will be full of liquidity and ample supply of paper money in months, quarters or years to come, and that`s definitely supporting gold`s rally amid very limited supply (of physical bullion)."
More >
Coronavirus: Gold price set for best week in 11 YEARS! Platinum and palladium poised for record
Fri, Mar 27, 2020
"I don`t see any real reason to sell gold at the moment other than perhaps to book profits before the weekend," said Stephen Innes, chief market strategist at financial services firm AxiCorp.
More >
Gold price declines Rs 62 on stronger rupee, silver rate falls Rs 828
Thu, Feb 27, 2020
"Spot gold for 24 karat in Delhi was trading lower by Rs 62 on stronger rupee. The spot rupee was trading around 20 paise stronger against the dollar during the day," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
More >
Gold price falls as much as Rs 954 to Rs 43,549 per 10 gram on strong rupee, global cues
Wed, Feb 26, 2020
"Gold prices pared previous gains with international spot gold prices witnessing correction on Tuesday, falling below USD 1,650. Spot gold for 24 karat in Delhi declined by Rs 954 on broad selling in global prices and stronger rupee," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
More >
Gold price today: Yellow metal soars Rs 953 on weaker rupee, global cues
Mon, Feb 24, 2020
"Gold prices continued upside with international spot gold prices opening higher on Monday, rallying above USD 1,680. Spot gold for 24 karat in Delhi rallied as much as Rs 953 on weaker rupee and strong international prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
More >
Gold jumps over 2% as virus spread spurs safe-haven demand
Mon, Feb 24, 2020
Global equities extended losses as concerns about the spread of the virus beyond China grew with sharp rises in infections in Italy and Iran, while South Korea raised its infectious disease alert to its highest level.
More >
Gold price holds near 7-year high on coronavirus fears
Thu, Feb 20, 2020
Gold prices dipped on Thursday after China unveiled measures to soften the economic impact of the coronavirus outbreak, but the metal held close to a nearly seven-year peak scaled in the previous session as concerns over the epidemic prevailed.
More >
Gold price today 18.02.2020: On MCX, rate jumps Rs 154 to Rs 40,910 per 10 gm
Tue, Feb 18, 2020
The yellow metal for June delivery edged up by Rs 142, or 0.35 per cent, to Rs 41,070 per 10 gram in a business turnover of 68 lots. Fresh positions built up by participants on positive cues from global markets mainly led to rise in gold prices, analysts said.
More >
Gold edges up, holds near 2-month peak in thin-volume trade
Mon, Dec 30, 2019
U.S. officials said on Sunday that air strikes in Iraq and Syria against an Iran-backed militia group were successful, but warned that "additional actions" might still be taken in the region to defend U.S. interests.
More >
Gold price rises above $1,500 level as investors await trade deal signing
Thu, Dec 26, 2019
"The data was weak before Christmas from the U.S. and we haven`t seen anything signed or concrete yet in terms of the phase one trade deal ... so the market is unsure whether that will come true," said Brian Lan, managing director at dealer GoldSilver Central in Singapore.
More >
