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Spot Gold News
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."
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)."
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.
Gold price falls on cash run as investors scurried for liquid cash
Thu, Mar 26, 2020
Republican and Democratic leaders of the U.S. Senate hoped to vote on Wednesday on the $2 trillion emergency package to alleviate the devastating economic impact of the virus.
Gold price today: Futures fall 0.91 pc on weak global cues
Thu, Mar 19, 2020
The yellow metal for June delivery declined by Rs 338, or 0.85 per cent, to Rs 39,565 per 10 gram in 297 lots. Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas.
Gold rises as ECB measures to limit virus impact lift sentiment
Thu, Mar 19, 2020
Gold prices rose on Thursday after a steep fall in the previous session, as the European Central Bank`s measures to mitigate the economic effects of the coronavirus epidemic lifted investor sentiment.
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.
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.
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.
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.
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.
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.
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.
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.
Gold price today and outlook: Yellow metal set for worst month in 3 years
Fri, Nov 29, 2019
The dollar was set for its highest weekly finish against the yen since May, while global shares stalled just short of an all-time peak as some doubts remained about an interim deal.
Gold eyes further gains as rock-bottom rates tempt investors: Reuters poll
Mon, Oct 28, 2019
Gold - traditionally seen as a safe place to invest in uncertain times - hit a more than six-year high of $1,557 in September and with gains of about 17% so far is set for its biggest yearly gain since 2010.
You will not be able to buy gold in festive season? Yellow metal seen priced at Rs 40,000
Tue, Aug 20, 2019
Currently, gold is going through a massive buying spree amid amid present and future global equity market concerns.
Gold price rise: Will your yellow metal price cross Rs 36,000-mark? Find out
Sun, Jul 14, 2019
Last week, gold prices went up by Rs 930 to Rs 35,800 per 10 gram, just a couple of rupees away from touching a new all-time high of Rs 36,000-mark.
When safe haven tables turned! Gold prices may rise or fall, these stocks will still benefit! Here’s how
Tue, Jul 02, 2019
Safe haven buying frenzy has now cooled off with gold prices in India back-tracking from the whopping Rs 35,000-mark.
Gold prices dip as robust US economic data dampens Fed rate cut expectations
Tue, Jun 18, 2019
Gold prices slipped further on Monday on upbeat U.S. economic data that dampened expectations the Federal Reserve could ease interest rates.