Page 13 - Latest Updates on Gold Price
RBI goes slow on gold, consumers follow suit as prices turn prohibitive
Retail gold imports in July nearly halve to 38 tonnes. August imports dip to 3-year year low of 30 tonnes, down as much as 73% YoY
 "RBI goes slow on gold, consumers follow suit as prices turn prohibitive")
Yellow metal adds sheen: Should you invest in sovereign gold bonds or ETFs?
Those with long horizon should use sovereign gold bonds; short- to medium-term horizon may consider gold ETFs
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
 "Gold prices soar to new high of Rs 38,820; silver jumps by Rs 1,140")
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
 "Buy gold 'at any level' as central banks ease monetary policies: Mobius")
Gold crosses $1400 driven by Fed Reserve stimulus hope, US-Iran tension
Spot gold was up 0.6% at $1,406.83 per ounce as of 0959 GMT, heading for a fifth straight session of gains
Gold declines by Rs 160, silver by Rs 625 as demand from jewellers slumps
Declined global trends have resulted in the price fall; sovereign gold however remained steady
 "Gold declines by Rs 160, silver by Rs 625 as demand from jewellers slumps")
Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver
Price hike due to safe-haven buying; trend likely to continue
 "Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver")
Gold hits over 7-month peak as Huawei case sparks risk-off sentiment
Spot gold rose to its highest since June 14, 2018 at $1,306.43.
 "Gold hits over 7-month peak as Huawei case sparks risk-off sentiment")
Global market cues, festive season push Gold price to Rs 32,780 per 10 g
Globally, gold rose 0.82 per cent to $1,225.10 an ounce in Singapore
 "Global market cues, festive season push Gold price to Rs 32,780 per 10 g")
Gold hits six-year high of Rs 32,625 per 10g over festive season demands
Besides, a depreciating rupee, that made imports costlier also added to the uptrend in the gold prices
 "Gold hits six-year high of Rs 32,625 per 10g over festive season demands")
How survival rate of a baby girl in India falls when gold prices go up
Dowries impose a considerable tax on girls' families, with estimates indicating that in South Asia it is six times the average annual household income
 "How survival rate of a baby girl in India falls when gold prices go up")
Gold prices zoom by Rs 250 at bullion market on global cues, festive demand
Globally, gold rose 1.75 per cent to $1,205.30 an ounce and silver gained 2.14 per cent to $14.77 an ounce in New York
Gold extends rally from 17-month low, stronger dollar caps gains
Spot gold was up 0.2 per cent at $1,215.71 an ounce at 0410 GMT, building on its 0.5 per cent gain on Friday
Gold prices hover near six-month low as dollar firms amid risk aversion
The dollar index was steady at 94.674 after gaining 0.4% overnight to snap a four-session losing run
 "Gold prices hover near six-month low as dollar firms amid risk aversion")
Gold prices at 6-month low on US interest rate hike fears
Spot gold was down 0.3 per cent at $1,263.96 an ounce at 1244 GMT but off a low of $1,261.36, its weakest level since December 20
Gold futures up by 0.31% to Rs 31,239 on global cues
Globally, gold rose 0.11 per cent to USD 1,300.20 an ounce in Singapore
Gold prices slip as dollar gains amid Trump-Kim summit
Gold is expected to be volatile this week amid the U.S-North Korea summit and central bank meetings
Gold may hit Rs 34,000 mark by Diwali on weak rupee, geo-political concerns
Gold prices are likely to hold in the range of Rs 30,000-34,000 per ten grams until Diwali in the domestic market
 "Gold may hit Rs 34,000 mark by Diwali on weak rupee, geo-political concerns")
Gold prices slips to its lowest as surging US Treasury yields lift dollar
The metal was heading for its biggest weekly decline since early-December
 "Gold prices slips to its lowest as surging US Treasury yields lift dollar")
Gold dips below Rs 32,000 amid weak local demand, global cues
However, silver recovered by Rs 100 to Rs 40,750 per kg on scattered enquiries from industrial units and coin makers.
 "Gold dips below Rs 32,000 amid weak local demand, global cues")
