Gold Futures

Gold price hits lifetime high of Rs 59,241 amid strong global trends

Spot gold was down 0.6 per cent at $1,976.60 per ounce, as of 6.48 pm India time, while U.S. gold futures rose 0.5 per cent to $1,983.20

Indian gold prices hit record high, dampening demand, say dealers

Local gold futures rose to 56,245 rupees ($691.45) per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020

Gold futures gain Rs 62 to reach Rs 49,505 per 10 gram on firm spot demand

Gold prices on Thursday increased by Rs 62 to Rs 49,505 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 62 or 0.13 per cent at Rs 49,505 per 10 gram in a business turnover of 7,699 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 0.49 per cent higher at USD 1,667.50 per ounce in New York.

MCX Gold, Silver futures seem range-bound; Key levels to watch out

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

MCX Gold likely to consolidate; Silver futures trade with a negative bias

The MCX Silver July futures are currently trading below all its key moving averages; similarly, MCX Gold futures need to break above Rs 51,870 for further up move to emerge.

Can MCX Gold futures drop below Rs 50,000 in May? Key levels to watch out

The MCX Gold futures seem to be facing considerable resistance around Rs 52,250 as per the monthly charts. Similarly, the upside for Silver seems likely to be capped around Rs 64,200-64,750 odd levels

Commodity Corner: MCX Gold, Silver futures likely to consolidate

The MCX Gold futures may seek near support around Rs 52,040; whereas Silver futures have multiple key support around Rs 65,235 and Rs 64,600.

Upside seems limited for MCX Gold; Silver may rally past Rs 71,000-level

The MCX Gold futures are likely to face considerable resistance around Rs 53,500-odd levels; MCX Silver futures can test Rs 71,300 on the upside.

Gold trading at Rs 52,140 per 10 gm today; silver selling at Rs 66,300 a kg

Ten gram of 24-carat gold in Chennai is trading at Rs 52,400, while ten grams of 22-carat gold in Chennai is trading at Rs 48,030.

Gold prices ease off three-month peak as US dollar, yields firm

Weighing on gold, the dollar and safe-haven currencies held their gains, while yields on the benchmark US 10-year Treasury note edged higher

Gold hastens retreat as dollar gains upper hand

Spot gold dropped 1.6% to $1,794.57 per ounce by 1:45 pm EDT (1745 GMT), and was set for its worst day since August 9

India gold imports jump to near two-year high as weddings revive demand

Overseas purchases increased more than sevenfold to 98.6 tons last month from 13 tons a year earlier.

Gold price drop boosts India buying, lifts premiums to eight-month high

On Friday, local gold futures fell to 45,861 rupees per 10 grams, the lowest level since June 2020

Gold poised for best week in over 3 months on soft dollar, stimulus bets

Prices have risen more than 4% this week, putting gold on course for its longest winning streak since late 2011

NSE to accept gold bars produced by Indian refiners for settlement

Leading stock exchange NSE on Friday said it willaccept gold bars produced by the domestic refiners for settlement of the gold futures contracts traded on its platform.

Gold prices today: Rs 48,120 per 10 gm; silver prices edge up to Rs 48,440

In New Delhi, the price of 22-carat gold is about Rs 46,800 per 10 gram, while price of 24-carat is retailing at Rs 48,000 today

Crude oil sheds over 7% on global cues, bullion take a beating too

Traders book profit on gold and silver, MCX crude futures follow WTI, which hit a 21-year low of $18 a barrel

Gold zooms to Rs 40,652 per 10 gm on strong global trends, weak rupee

Similarly, silver prices also jumped Rs 960 to Rs 48,870 per kg from Rs 47,910 per kg in the previous trade

MCX the first bourse to offer one gram gold futures with delivery option

With this, retail investors can now buy coins in the futures market and store it in a vault of his choice before taking delivery

Intensifying US-China trade war pushes gold futures to record high

In India, the rise in gold prices as well as the depreciation in the rupee value has pushed its prices to new highs