Business Standard

Page 47 - Gold Prices

Raiding RBI war chest, asking people to deposit gold needless distractions

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

Raiding RBI war chest, asking people to deposit gold needless distractions
Updated On : 13 Aug 2020 | 9:46 PM IST

Gold prices jump to Rs 52,626 per 10 gram, silver rallies to Rs 65,749 a kg

In New Delhi, prices of 22-carat gold slumped Rs 3,200 to Rs 50,250 per 10 gram while prices of 24-carat also dropped to Rs 54,500

Gold prices jump to Rs 52,626 per 10 gram, silver rallies to Rs 65,749 a kg
Updated On : 13 Aug 2020 | 6:43 AM IST

Gold may fall from current high, but a drop below $1,700 unlikely

For all its fake advantages, the metal has one genuinely useful property - its unrivalled ability to move in the opposite direction to equities and bond yields

Gold may fall from current high, but a drop below $1,700 unlikely
Updated On : 13 Aug 2020 | 1:50 AM IST

Gold fights back, rebounds above $1,900 after biggest loss in 7 years

It had dropped as much as 5.7% (intra-day) on Tuesday, the biggest one-day loss in seven years and finally settled at $1,863.15 an ounce

Gold fights back, rebounds above $1,900 after biggest loss in 7 years
Updated On : 13 Aug 2020 | 1:13 AM IST

Gold price falls to Rs 53,951 per 10 gram, silver drops to Rs 71,211 a kg

In New Delhi, prices of 22-carat gold slumped Rs 650 to Rs 53,450 per 10 gram while prices of 24-carat also dropped to Rs 54,750

Gold price falls to Rs 53,951 per 10 gram, silver drops to Rs 71,211 a kg
Updated On : 12 Aug 2020 | 7:15 AM IST

Exchanges see mixed earnings in June quarter despite robust trading volumes

Uptick in gold, silver prices help recovery in commodity volumes

Exchanges see mixed earnings in June quarter despite robust trading volumes
Updated On : 12 Aug 2020 | 1:46 AM IST

Gold price slumps to Rs 54,763 per 10 gm; silver plunges to Rs 73,600 a kg

In the international market, gold was trading lower at $1,989 per ounce and silver also witnessed selling and was quoting down at $27.90 per ounce

Gold price slumps to Rs 54,763 per 10 gm; silver plunges to Rs 73,600 a kg
Updated On : 11 Aug 2020 | 5:25 PM IST

Gold slips as dollar bounces on Beijing's sanctions, focus on US-China row

Spot gold was down 0.5% to $2,017.98 per ounce by 0234 GMT, moving further away from a record high of $2,072.50 hit last week

Gold slips as dollar bounces on Beijing's sanctions, focus on US-China row
Updated On : 11 Aug 2020 | 10:39 AM IST

Why is everyone buying gold?

For gold to keep rallying, expectations of inflation will have to keep rising

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Updated On : 11 Aug 2020 | 2:19 AM IST

Gold prices at Rs 59,300 per 10 gm, silver jumps to Rs 74,210 a kg

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

Gold prices at Rs 59,300 per 10 gm, silver jumps to Rs 74,210 a kg
Updated On : 10 Aug 2020 | 7:02 AM IST

Correction in gold price likely to make 90% LTV risky for borrowers

Those in dire financial straits may find it difficult to pay the margin demanded by lenders

Correction in gold price likely to make 90% LTV risky for borrowers
Updated On : 08 Aug 2020 | 6:02 AM IST

Gold price surges to all-time high of Rs 57,008, silver continues to climb

In the previous trade, gold had closed at Rs 57,002 per 10 grams. On Friday, the price increased by Rs 6 to Rs 57,008 per 10 grams

Gold price surges to all-time high of Rs 57,008, silver continues to climb
Updated On : 07 Aug 2020 | 9:51 PM IST

Gold price jumps to Rs 55,350 per 10 gram, silver at Rs 73,500 a kg

In New Delhi, the price of 22-carat gold rose to Rs 54,150 per 10 gram, and in Chennai to Rs 53,510

Gold price jumps to Rs 55,350 per 10 gram, silver at Rs 73,500 a kg
Updated On : 07 Aug 2020 | 7:05 AM IST

Gold jumps to Rs 54,700 per 10 gm, silver at record high of Rs 71,500 a kg

In New Delhi, the price of 22-carat gold rose to Rs 52,450 per 10 gram, and in Chennai to Rs 53,010

Gold jumps to Rs 54,700 per 10 gm, silver at record high of Rs 71,500 a kg
Updated On : 06 Aug 2020 | 7:47 AM IST

Gold breaches $2,000-barrier over prospect for further Covid-19 stimulus

Bullion is up almost 35 per cent this year, with its haven status enhanced by sliding US real yields

Gold breaches $2,000-barrier over prospect for further Covid-19 stimulus
Updated On : 06 Aug 2020 | 1:07 AM IST

Gold heads for best monthly gain since January 2012 on rush to safety

Prices hit a record $1,980.57 on Tuesday and are up over 10% so far this month, their biggest monthly percentage gain since Feb. 2016

Gold heads for best monthly gain since January 2012 on rush to safety
Updated On : 31 Jul 2020 | 9:19 PM IST

Gold worth Rs 1.66 crore seized from 11 air passengers in Hyderabad

Smuggled gold weighing 3.11 kg and valued at Rs 1.66 crore was seized at the international airport here from 11 passengers, Customs officials said on Friday.

Gold worth Rs 1.66 crore seized from 11 air passengers in Hyderabad
Updated On : 31 Jul 2020 | 2:19 PM IST
Updated On : 31 Jul 2020 | 8:30 AM IST

Gold price today: Rs 53,000 per 10 gm; silver falls to Rs 63,000 a kg

In New Delhi, the price of 22-carat gold rose to Rs 51,800 per 10 gram, and in Chennai to Rs 51,030

Gold price today: Rs 53,000 per 10 gm; silver falls to Rs 63,000 a kg
Updated On : 31 Jul 2020 | 7:29 AM IST

India gold demand drops 70% in Q2 to hit 11-year low on price, Covid impact

World Gold Council data shows demand dropped to 63.7 tonnes in the April-June quarter this year. Back in 2009, demand had plunged to as low as 40 tonnes following Lehmann crisis

India gold demand drops 70% in Q2 to hit 11-year low on price, Covid impact
Updated On : 30 Jul 2020 | 9:30 PM IST