Page 53 - Gold Prices

Coronavirus scare: Gold prices up by Rs 78, silver by Rs 35 on global cues

The precious metal had closed at Rs 43,435 per 10 gram in the previous trading session

Gold prices zoom Rs 1,155 to Rs 44,383 per 10 grams, silver jumps Rs 1,198

On Tuesday, the precious metal had closed at Rs 43,228 per 10 gram. Silver prices also jumped Rs 1,198 to Rs 47,729 per kg from Rs 46,531 per kg in the previous trade.

Jewellers squeezed over advance tax payments, sparse consumer interest

Customers are not buying gold though prices are now falling

Gold prices fall 1% as global stimulus hopes boost riskier assets

Silver gained 0.2% to $17.01 per ounce, while platinum rose 1.3% to $873.58

Gold to silver ratio tests three-decade high, eyes 1991 level of 100

This ratio suggests how many ounces of silver can be bought with one ounce of gold

Gold zooms by Rs 2,000 in a week on coronavirus, silver up marginally

But the market is subdued with consumers making ony need-based purchases, such as for marriages

Gold set for biggest weekly gain since Oct 2011 over Coronavirus fears

The metal has gained as much as 5.5% so far this week as worries over the coronavirus sent investors scurrying for safe-havens

Gold gains on coronavirus risks, but rise in equity market caps gains

The dollar recovered following recent declines, finding support from robust jobs data from the United States on Wednesday

Gold prices little changed as strong equities counter coronavirus fears

There are signs the epidemic has begun to weigh on business sentiment in the United States

Will gold touch the 50,000 mark? Hopes rise after US Fed rate cut

In Mumbai's physical market on Wednesday, gold prices had risen after the US Federal Reserve announced one of its steepest cuts of 0.5 per cent in interest rate

Bullion, base metals, crude oil jump on US Fed's surprise interest rate cut

Gold and silver rise sharply on safe-haven appeal in a global economy prone to more downside risk

Gold extends gains as coronavirus prompts Fed to trim rates by 50 bps

The Fed trimmed interest rates by 50 basis points on Tuesday in an emergency move to safeguard the world's largest economy from the impact of the epidemic

2,900-tonne gold mine found in Sonbhadra, 4 times that of India's reserves

Since, India is estimated to have gold reserves of less than 700 tonnes, the projected gold reserves in Sonbhadra is nearly five times that quantity

2,294-tonne goldmine unearthed in Sonbhadra, four times India's reserves

A seven-member team has been formed by the administration for auction of blocks through e-tendering

Gold prices surge 2% in domestic markets to new high on global cues

Standard gold in Mumbai's Zaveri bazaar rose to Rs 42,400 per 10gm in spot trade

Coronavirus scare: Sharp jump in gold price; silver nearly 50,000/kg

Funds rush to hedge in safe haven

Is it a good time to buy gold as a safe-haven bet amid coronavirus fears?

Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.

Gold gains as coronavirus raises policy-easing chances for central banks

Lower interest rates reduce the opportunity cost of holding non-yielding bullion and also weigh on US yields and the dollar

Gold, silver may continue to slide in short term, 2-3% decline likely

Gold extended its downturn in the physical markets in Mumbai on Saturday

Consumers stay away from fresh buying despite 0.5% correction in gold price

Investors book profits amid fears that a large sell-off in equities will have a spillover effect on a safe-haven asset like bullion