Business Standard

Page 37 - Gold Prices

Gold set for biggest weekly drop since Nov; silver set for weekly decline

ilver headed for its worst week in three after retreating sharply from multi-year highs hit earlier this week on the back of increased interest from retail traders

Gold set for biggest weekly drop since Nov; silver set for weekly decline
Updated On : 05 Feb 2021 | 12:51 PM IST

Gold edges higher; set for worst week in over two months on dollar strength

Spot gold rose 0.1% to $1,794.11 per ounce by 0247 GMT. Prices fell over 2% to their lowest level since Dec. 1 on Thursday

Gold edges higher; set for worst week in over two months on dollar strength
Updated On : 05 Feb 2021 | 9:29 AM IST

Gold prices slide more than 2% to below $1,800 as dollar, yields gain

Spot gold was 2.3% lower at $1,790.92 per ounce

Gold prices slide more than 2% to below $1,800 as dollar, yields gain
Updated On : 04 Feb 2021 | 11:04 PM IST

Gold, silver ease as dollar holds firm near two-month peak, hopeful aid

Spot silver declined 1.3% to $26.51. Prices have eased since hitting a near eight-year peak of $30.03 on Monday as the social media-driven rally fizzled out

Gold, silver ease as dollar holds firm near two-month peak, hopeful aid
Updated On : 04 Feb 2021 | 10:04 AM IST

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel
Updated On : 04 Feb 2021 | 7:40 AM IST

Gold declines Rs 232, silver tanks Rs 1,955 amid drop in global prices

Gold in the national capital on Wednesday declined by Rs 232 to Rs 47,387 per 10 gram amid decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,619 per 10 gram. Silver also dipped Rs 1,955 to Rs 67,605 per kilogram from Rs 69,560 per kilogram in the previous trade. In the international market, gold was quoting lower at USD 1,835 per ounce and silver was flat at USD 26.78 per ounce. Gold prices are trading under pressure on stronger dollar and rally in equity indices, according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Gold declines Rs 232, silver tanks Rs 1,955 amid drop in global prices
Updated On : 03 Feb 2021 | 3:33 PM IST

Make jewellers partners in gold deposit scheme

The number of places where gold can be tendered is limited and the staff there is ill-trained, making the scheme a non-starter

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Updated On : 31 Jan 2021 | 7:50 PM IST

Gold set to post weekly, monthly decline on firmer dollar rising 0.2%

Spot gold was unchanged at $1,840.91 per ounce by 0058 GMT. Prices were down 0.6% for the week and 2.9% for the month. U.S. gold futures rose 0.1% to $1,839.70

Gold set to post weekly, monthly decline on firmer dollar rising 0.2%
Updated On : 29 Jan 2021 | 8:11 AM IST

Gold prices dip as investors opt for relative shelter of US dollar

Spot gold was down 0.2% at $1,840 an ounce by 1258 GMT. Prices had fallen to their lowest since Jan. 18 at $1,830.80 on Wednesday.

Gold prices dip as investors opt for relative shelter of US dollar
Updated On : 28 Jan 2021 | 7:31 PM IST

India's gold jewellery demand down 42% in 2020 to 315.9 tonnes: WGC

Total investment demand for 2020 was down by 11 per cent at 130.4 tonnes in comparison to 145.8 tonnes in 2019, according to WGC's latest Gold Demand Trends report

India's gold jewellery demand down 42% in 2020 to 315.9 tonnes: WGC
Updated On : 28 Jan 2021 | 12:50 PM IST

Pandemic-battered gold demand in India expected to rebound in 2021

Demand is expected to jump closer to the 690 tons bought in 2019 as the country's economy shows signs of recovery, P R Somasundaram, managing director at the council for India, said

Pandemic-battered gold demand in India expected to rebound in 2021
Updated On : 28 Jan 2021 | 12:15 PM IST

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel

Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel
Updated On : 21 Jan 2021 | 7:47 AM IST

Gold and Brent crude rise over 1% after Janet Yellen's 'act big' call

Spot gold gained 1.18 per cent to $1,862.10 per ounce by 8.20 pm IST, having risen 1 per cent to a near one-week high earlier

Gold and Brent crude rise over 1% after Janet Yellen's 'act big' call
Updated On : 21 Jan 2021 | 1:38 AM IST

Gold prices rise over 1% as focus turns to Joe Biden's administration

Yellen on Tuesday said pandemic relief would take priority over tax increases

Gold prices rise over 1% as focus turns to Joe Biden's administration
Updated On : 20 Jan 2021 | 11:41 PM IST

Gold gains, dollar weakens as Yellen underscores need of stimulus

Spot gold gained 0.6% to $1,850.66 per ounce by 0604 GMT. U.S. gold futures added 0.5% to $1,850

Gold gains, dollar weakens as Yellen underscores need of stimulus
Updated On : 20 Jan 2021 | 12:27 PM IST

Gold recovers as hopes of additional fiscal stimulus in US buoy appeal

Spot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec. 2. U.S. gold futures rose 0.1% to $1,831.90

Gold recovers as hopes of additional fiscal stimulus in US buoy appeal
Updated On : 19 Jan 2021 | 9:55 AM IST

Gold steadies as prospects of major US stimulus offsets firm dollar

Earlier in the session, the U.S. dollar held near a four-week peak against rival currencies, making gold expensive for holders of other currencies

Gold steadies as prospects of major US stimulus offsets firm dollar
Updated On : 18 Jan 2021 | 10:13 AM IST

Gold prices increase on Biden's stimulus plans, Fed's dovish stance

Gold rose as prospects of a substantial US pandemic relief package boosted the metal's appeal as an inflation hedge, while the Federal Reserve's dovish stance on monetary policy also supported prices

Gold prices increase on Biden's stimulus plans, Fed's dovish stance
Updated On : 15 Jan 2021 | 9:34 AM IST

Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,000 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 48,350 per 10 gm, while in Chennai it fell to Rs 46,600

Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,000 a kg
Updated On : 15 Jan 2021 | 6:45 AM IST

Gold edges higher as weak US labour market data boosts stimulus bets

The number of Americans filing first-time applications for unemployment benefits surged last week

Gold edges higher as weak US labour market data boosts stimulus bets
Updated On : 14 Jan 2021 | 11:38 PM IST