Page 52 - Gold Prices

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Gold prices rises 1% as global recession fears trigger flight to safety

US retail sales plunged 8.7% last month, the biggest decline since the government started tracking the series in 1992, while manufacturing output fell by the most in 74 years

Gold climbs to seven-year high on growth fears, stimulus measures

Holdings in the SPDR Gold Trust, the world's largest gold-backed ETF, rose to 1,009.70 tonnes on Monday, the highest since June 2013

Gold falls on profit-booking, but economic downturn fears limit losses

Spot gold slipped 0.4 per cent to $1,681.49 per ounce by 0239 GMT US gold futures fell 1.4 per cent to $1,728.40.

Commodity outlook by Bhavik Patel of Tradebulls Securities: Buy lead, gold

Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.

Gold imports in FY20 fell to a decade low, March saw 75% decline

Demand slowdown seen next year as well; no immediate uptick seen post lifting of lockdown

Gold heading towards Rs 45,000 level amid volatility in global markets

This is a boon for investors holding gold exchange-traded funds and sovereign gold bonds

Coronavirus outbreak: Gold selling at huge discount over weak demand

Silver quoting at a premium following scarcity: Crude oil, metals jump

Gold prices zoom Rs 1,395 to Rs 41,705, Silver prices advance Rs 2,889

In the international market, both the metals were trading with hefty gains, with gold quoting higher at $1,514 per ounce and silver at $12.96 per ounce.

Oil soars 20% intra-day; gold remains lusterless amid coronavirus fear

Metal prices declined between 3 per cent and 6 per cent on the Multi Commodity Exchange (MCX), toeing global move as selling pressure

Gold rises as ECB measures to limit coronavirus impact lift investors' mood

The metal fell about 3% on Wednesday along with other precious metals, as investors sold across assets to hoard cash.

Gold, silver remain volatile hitting price ratio at lifetime high of 121

The gold to silver price ratio was trading above 121, a lifetime high, indicating extreme weakness in silver

Commodity prices extend declines amid market volatility led by silver

Base and precious metals fell on Multi Commodity Exchange (MCX) futures. The fall in metals was a little sharper on the London Metal Exchange (LME)

COVID-19 leaves room for more gold smuggling through luggage at airports

Virus has led to checking being shifted from baggage to passengers

Gold tumbles 3%, platinum, silver slide over 6% in rush for cash

The dollar rose over 1% against rivals, making gold more expensive for holders of other currencies.

Gold climbs to 7-year high as coronavirus seen impacting global growth

Even as the number of new coronavirus cases in China slowed, new research suggesting the virus was more contagious than previously thought added to the alarm

Gold rises after US Fed interest rate cut, but pares gains on cash hunt

The dollar fell from a more than two-week high and stock markets plunged after the Fed cut rates for the second time this year

Gold slides Rs 954 to Rs 43,549 per 10 gm on strong rupee, global sell-off

The yellow metal had closed at Rs 44,503 per 10 gram in the previous trading session

Gold plummets 3.1% in worst single-day fall since Nov 2015 on margin woes

Retail buyers stay away despite price fall; Silver sheds 5%

Gold zooms to all-time high on safe-haven purchases amid global volatility

The price of silver, too, jumped to ~46,165 a kg on Monday