Gold Safe Haven

Gold prices held steady on Friday, but the safe-haven metal was bound for its second straight quarterly gain after recent banking turmoil

Worth its weight in Gold: Saw portfolio increase of 1-6 percentage points in November-December 2022

Market experts opined that Russia-Ukraine conflict led to a short-term spike in gold prices before it began falling amid stronger dollar and spike in crude oil prices

The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively.

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively

The price of ten grams of 22-carat gold in Delhi and Chennai is Rs 48,360 and Rs 48,930, respectively.

The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 46,940, Rs 46,840, and Rs 47,570, respectively

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,160, Rs 47,060, and Rs 47,710, respectively.

Silver is trading at Rs 56,700 per kg today

The Gold and Gold Markets 2022 report by India Gold Policy Centre (IGPC) also said that people in the higher income group are interested in having the yellow metal in digital or paper format

The category's net assets under management at the end of March stood at Rs 19,280 crore

Gold prices remained stable on Monday after posting its biggest weekly drop since June as investors weighed monetary policy tightening in the US against the impact of Russia's war in Ukraine.

Inflationary fears triggered a rush for safe haven investments during the ongoing market volatility that pushed up the global gold price to $2,000 per ounce on Monday

The 1980s then saw the growth of what is called financialisation where firms make money by trading in money rather than goods and services

Gold prices edged lower on Friday, heading for their first weekly decline in five, as a stronger dollar made bullion more expensive for holder of other currencies

Gold eased on Wednesday as the dollar emerged as the preferred safe-haven bet amid fears that the highly contagious Delta coronavirus variant may stall a global economic recovery

You need it to provide a hedge against a possible third wave, or correction in equities

Gold edged higher on Friday and was set for its third straight weekly gain, as concerns over the fast-spreading Delta variant and a drop in US Treasury yields lifted the safe-haven metal's demand

Gold prices gained on Monday, after posting a 6% drop last week, as a retreat in US Treasury yields bolstered the non-yielding metal's appeal

Gold prices rose above the key psychological level of $1,900 per ounce on Wednesday, helped by a weaker dollar and growing inflation concerns after Federal Reserve officials maintained a dovish stance