Page 40 - Gold Prices

Don't jettison gold despite price correction to reap long-term benefits

Policies that support the yellow metal will remain in place in the foreseeable future

Gold set for worst month since 2016 amid Covid-19 vaccine optimism

Gold's slide came despite a subdued dollar, which hit its lowest level in two and a half years.

Gold set for worst month in 4 years as vaccine news pulls stocks to highs

Gold slipped and was on track for its worst month in four years, as optimism over a Covid-19 vaccine-led economic rebound that propelled equities to record highs dulled the metal's safe-haven appeal

Gold gains as weak US jobs data, virus worries dim recovery hopes

Spot gold rose 0.3% to $1,811.31 per ounce by 0324 GMT. U.S. gold futures were up 0.2% to $1,808.70

Gold price today at Rs 50,800 per 10 gm, silver trends at Rs 62,000 a kg

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes

Gold prices rise as weak US jobless data stems Wall Street optimism

Spot gold rose 0.3 per cent to $1,812.66 an ounce at 10:15 a.m. EST, having hit its lowest since July 17 at $1,800.01 on Tuesday

Biden transition, coronavirus vaccine hopes keep gold near four-month low

Spot gold eased 0.2% to $1,803.51 per ounce by 0327 GMT. On Tuesday, it had hit its lowest level since July 17 at $1,800.01

Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery

Gold prices have posted two straight weekly declines and hol­dings in exchange-traded funds backed by the metal have slipped as hopes for a virus vaccine buo­yed markets

Gold extends slide as optimism over Covid-19 vaccine take centre stage

European equities rose on a possible easing of COVID-19 curbs and progress on vaccines from the likes of AstraZeneca, Pfizer and Moderna

Gold price today at Rs 50,900 per 10 gm, silver trends at Rs 62,300 a kg

The price of 24-carat gold in Chennai was up by Rs 10 to Rs 51,990 per 10 gm

Gold set for longest slump since March with ETF assets slipping

"We see downside risks building for gold's price," analysts from Morgan Stanley said in a note, citing higher yields next year in addition to Covid-19 vaccines

Gold price today at Rs 50,850 per 10 gm, silver trends at Rs 61,600 a kg

In New Delhi, the gold price of 22-carat rose by Rs 10 to Rs 49,360 per 10 gm, while in Chennai it decreased by Rs 370 to Rs 47,470

Gold takes a knock amid exodus from ETFs, progress on Covid vaccines

Since hitting a record in August, bullion's rally has stalled amid uncertainty over further stimulus measures and optimism over an effective vaccine, even as the virus continues to spread

Gold price today at Rs 50,890 per 10 gm, silver trends at Rs 62,900 a kg

In New Delhi, the gold price of 22-carat fell by Rs 300 to Rs 49,350 per 10 gm, while in Chennai it decreased by Rs 170 to Rs 47,840

Gold price today at Rs 50,940 per 10 gm, silver trends at Rs 63,610 a kg

In New Delhi, the gold price of 22-carat fell by Rs 100 to Rs 49,650 per 10 gm, while in Chennai it decreased by Rs 200 to Rs 48,010

Gold flat as concerns over rising virus cases offset vaccine optimism

Gold prices were little changed on Tuesday, as concerns over spiking U.S. coronavirus cases offset pressure from vaccine optimism brought about by a positive vaccine trial data.

Gold price today at Rs 50,750 per 10 gm, silver trends at Rs 63,610 a kg

In New Delhi, the gold price of 22-carat fell to Rs 49,750 per 10 gm, while in Chennai it increased to Rs 48,210

Gold prices today Rs 50,960 per 10 gm, silver trending at Rs 63,600 a kg

n New Delhi, the gold price of 22-carat rose to Rs 49,760 per 10 gm, while in Chennai it climbed to Rs 47,840

Gold imports decline 47.42% to $9.28 bn during Apr-Oct on falling demand

Imports of the yellow metal stood at $17.64 billion in the corresponding period of 2019-20

Price hike, Covid take sheen of Dhanteras; gold, silver sales dip up to 35%

The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said