Page 60 - Gold Prices

India's seizures of smuggled gold jumps in June quarter: Official

The illegal trade could rise further in coming months as India, the world's second biggest gold consumer, raised an import tax on gold by 2.5 percentage points to 12.5% in July's federal budget

Higher gold prices keep the shine intact for major gold financiers

The average gold price in the September 2019 quarter, so far, is now up 11.5% from the June quarter

Gold crosses Rs 40,000-mark for the first time on recession fears

Fresh buying by jewellers ahead of the festive season also aided the rally in the precious metal

High price of gold poses systemic risk for jewellers who avail loan

Jewellers practising ethical business are needed to buy gold as underlying on the day they receive a monthly share of jewellery deposit

Gold price rise poses a systemic long-term risk of jewellers' default

Money collected through deposit schemes is diverted to pay mark-to-market margin of lenders

Gold at over 6-year peak as trade war escalation sparks rush to safe-haven

On Friday, US President Donald Trump announced a 5 per cent additional duty on $550 billion in targeted Chinese goods

Gold prices soar to new high of Rs 38,820; silver jumps by Rs 1,140

Traders attributed the gain in gold to increase in the domestic spot market demand

Buy gold 'at any level' as central banks ease monetary policies: Mobius

Gold hit a six-year high this month on prospects for easier monetary policy from the Federal Reserve and other central banks to support growth

Bleak outlook for jewellers as record prices, fading demand hit gold sales

India's consumption of gold has been affected by the government's efforts to curb its trade deficit and measures to discourage investors who used the metal to evade taxes

Analysts fear massive pull back in gold after sharp rally past five months

The current rally in the yellow metal is without real demand from Indians

Consumers defer old gold sales on hopes of further rise in prices

Safe-haven buying of the metal has seen prices hitting a seven-year high in the international market and a life-time high in India

Gold funds give sheen to investor returns, help offset losses from equities

Allocation to yellow metal, helps MF investors offset hit on equity and debt investments

Gold prices likely to remain firm amid weak growth, soft rates

In India, a sharp fall in the equity market amid a slowing economy, subdued corporate earnings and an overall risk-averse sentiment have seen investors flock to the yellow metal

Gold gains all-time high of Rs 38,470 on rising demand, firm global trends

Globally, gold and silver were trading a shade higher at $1,517.30 and $16.96 an ounce

Analysts see gold price hitting Rs 40,000 per 10 g by the end of the year

In Mumbai's physical market, standard gold (995 purity) was trading at Rs 36,850 on Wednesday, nearly Rs 1,000 lower than in the futures market

Commodity prices fall worldwide, falling rupee helps India market

Agri, metals, oil down, gold jump sharply reacting to global economic and geo political uncertainties

October futures gold prices cross Rs 36,000 after Trump's tariff on China

Gold imported unofficially has been selling in Mumbai around Rs 34700 per 10 gram.

India's gold demand to soften in Q3 on price rise, rural distress: WGC

Two-thirds of India's gold demand comes from rural areas, where jewellery is a traditional store of wealth

Gold, silver futures in near- and far- month trading at huge spreads

Two gold maturity contracts were trading at a spread of Rs 900 per 10 gram

Gold demand rose 14% in Apr-Jun, outlook for next to quarters weak: GFMS

Price might fall sharply if the US Fed does not reduce rate and policy remains unchanged for too long