Spot gold rose 0.3% to $1,732.02 per ounce by 0134 GMT, while U.S. gold futures for April delivery rose 0.7% to $1,730.90 per ounce
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes
Gold gains for third day as bond yields, dollar retreat
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes
US yields recovered on Wednesday, reducing the appeal of holding gold, while the dollar also bounced back
Spot gold rose 2.1% to $1,716.11 per ounce
While gold experts remain bullish on the yellow metal, analysts tracking the two non-bank finance companies (NBFCs) believe near-term headwinds continue to dampen outlook for the stocks
The trend in the international markets was muted
By Sumita LayekSpot gold eased 0.3% to $1,692.13 per ounce by 0515 GMT, having earlier fallen to its lowest since June 8 at $1,686.40. For the week so far, it is down 2.3%
If LTV ratio on your loan exceeds the regulatory cap, lender can sell pledged gold to recover dues
Higher U.S. Treasury yields threatened gold's appeal as an inflation hedge as they increase the opportunity cost of holding bullion
Progress on the $1.9 trn U.S. stimulus bill has offered little respite, as higher yields have threatened gold's appeal as an inflation hedge by increasing the opportunity cost of holding bullion
Spot gold fell 0.6% to $1,727.11 an ounce by 1016 GMT
Gold prices on Monday rose to Rs 45,520 per 10 grams in the national capital
Last week's sell-off in global bonds stabilized after central banks from Asia to Europe provided reassurance that policy support remains in place
With gold prices on a decline, thanks to a rise in bond yields - globally and in India - analysts say investing in the yellow metal and the SGB scheme makes little sense right now
Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45
Gold prices on Friday declined to Rs 45,599 per 10 grams in the national capital
Benchmark US Treasury yields held close to a one-year peak hit in the previous session
(Reuters) - Gold pared some losses after dipping more than 1% earlier on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell, but bullion struggled for traction as elevated U.S. Treasury yields dampened its allure as an inflation hedge.