Showing posts with label Gold News - The Economic Times. Show all posts
Showing posts with label Gold News - The Economic Times. Show all posts

Friday, August 31, 2018

Gold rate today: Gold, silver up in morning trade

MCX Gold futures were trading 0.38 per cent up at Rs 30284 per 10 gram at around 10.25 am

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Ahead of festive season, Gold sells at a premium

'In India, we might not see investment demand for gold in the upcoming festive season'

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Gold headed for longest monthly losing streak since 2013

The dollar was boosted by data that showed US consumer spending increased in July.

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Thursday, August 30, 2018

Gold rate today: Gold, silver trade lower in morning deals

SMC Global Securities in its daily commodity report says bullion counter may trade on the sideways path.

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Gold steady as dollar dips; rate hike expectations cap gains

US gold futures were also mostly steady at $1,211.82 an ounce on Wednesday.

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Commodity outlook: Gold has resistance at Rs 30,210-30,245 levels

Here’s a lowdown on the outlook of different commodities by brokerage Motilal Oswal Securities.

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Gold turns weak on muted demand

Sovereign also fell by Rs 100 to Rs 24,500 per piece of eight gram.

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Wednesday, August 29, 2018

Gold prices inch up, but U.S.-China trade tensions weigh

US Treasury yields rose on Tuesday across maturities to weekly highs.

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Commodity outlook: Buy gold near Rs 30,050-29,960 levels

MCX gold has immediate resistance at Rs 30,210-30,245 levels.

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Gold extends gains on jeweller-buying, global cues

Sovereign gold, too, traded higher by Rs 100 at Rs 24,600 per piece of eight gram.

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Tuesday, August 28, 2018

Gold Rate Today: Gold, silver trade higher in morning deals

Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10236.28 tonnes

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Gold prices steady as dollar sags on U.S-Mexico trade deal

The dollar index slid 0.1 per cent against a basket of six major currencies on Tuesday.

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Gold at Rs 31,000 amid festive buzz

Globally, gold fell 0.07 per cent to USD 1,204.40 an ounce in Singapore.

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Floods in Kerala likely to hit wedding season gold demand

The usual spend of 200 grams to 1 kg of gold per wedding in Kerala may drop 50% in a month.

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Monday, August 27, 2018

Gold Rate Today: Gold, silver trade higher in morning deals

SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, said its holdings stood at 764.58 down 2.65 tonnes

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Gold prices edge up as Fed chair's speech weighs on US dollar

The dollar index, which tracks the greenback against a basket of six major currencies, was down 0.1 per cent at 95.075.

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Sunday, August 26, 2018

Hedge funds kept betting against gold even as prices began rally

Gold has tumbled about 11 per cent from this year’s high as the dollar strengthened.

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Saturday, August 25, 2018

You should buy out-of-money options in gold; here’s why

Pessimist sentiments have caused gold to become massively oversold.

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Thursday, August 23, 2018

Gold Rate Today: Gold, silver trade lower in morning deals

On the global front, gold prices edged down after hitting their highest in over a week in the previous session.

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Russia is stockpiling gold as fresh sanctions from US loom

A Russian government website lists the value of the holdings as being worth about $77 billion at the end of July.

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