Page 5 - Gold Prices
US interest rate-cut expectations have yellow metal shining bright
Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds
 "US interest rate-cut expectations have yellow metal shining bright")
Gold may take a breather around Rs 56,850; Trading range narrows for Silver
The overall bias for Gold remains bullish, with near support seen at Rs 55,900 level. The Bollinger Bands indicate a likely trading range of Rs 2,000-odd points for the MCX Silver March futures.
 "Gold may take a breather around Rs 56,850; Trading range narrows for Silver")
Gold, silver prices rise; yellow metal selling at Rs 51,600 per 10 grams
In Mumbai, Kolkata, and Hyderabad, 10 gram of 24-carat and 22-carat gold was selling at Rs 51,600 and Rs 56,290, respectively
 "Gold, silver prices rise; yellow metal selling at Rs 51,600 per 10 grams")
Gold at over eight-month high on slower US Fed rate-hike prospects
Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December
 "Gold at over eight-month high on slower US Fed rate-hike prospects")
Gold scales 9-month high above key $1,900 level; highest since late April
Lower interest rates tend to be beneficial for bullion as they decrease the opportunity cost of holding the non-yielding asset
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, silver prices fall, yellow metal selling at Rs 55,960 in early trade
The price of 22-carat gold fell Rs 150 from yesterday's close to Rs 51,300
 "Gold, silver prices fall, yellow metal selling at Rs 55,960 in early trade")
Gold prices fall, yellow metal sells at Rs 56,130; silver remains unchanged
The price of 22-carat gold fell Rs 150 from yesterday's close to Rs 51,450
Gold prices steady as investors focus on Powell speech for rate guidance
Powell is scheduled to speak at a central bank conference in Stockholm at 1400 GMT, ahead of key US inflation data on Thursday
Gold prices rise by Rs 330, selling at Rs 56,290; silver unchanged
22-carat gold was selling at Rs 51,600 per 10 grams
Gold hits eight-month peak as dollar slips on US Fed slowdown bets
Higher interest rates dim bullion's appeal as an inflation hedge and raise the opportunity cost of holding the non-yielding asset
Gold to remain bullish above Rs 55,100; Silver may remain volatile
On the upside, Gold futures can rally to Rs 56,580 during the course of the month.
Gold, silver prices remain unchanged; yellow metal trades at Rs 55,960
22-carat gold was selling at Rs 51,300 per 10 grams
 "Gold, silver prices remain unchanged; yellow metal trades at Rs 55,960")
Gold and silver prices fall; yellow metal selling at Rs 55,530 per 10 g
The price of 22-carat gold fell Rs 400 from yesterday's close to Rs 50,900, according to the GoodReturns website
Gold declines Rs 153 amid fall in precious metal prices globally
Gold price in the national capital declined Rs 153 to Rs 55,650 per 10 grams on Friday amid a fall in precious metal prices globally, according to HDFC Securities. The yellow metal had ended at Rs 55,803 per 10 grams in the previous trade. Silver also fell Rs 7 to Rs 68,700 per kilogram. "Gold price fall was extended after stronger than expected US job market data allowed US Fed to continue with higher interest rate," said an analyst at HDFC Securities. In the overseas market, gold was quoting lower at USD 1,839.6 per ounce while silver was flat at USD 23.46 per ounce. The US job market data pushed US dollar to a fresh one-month high. Rising interest rates and higher dollar index tend to weigh on yellow metals, the analyst added.
Gold prices rise, silver unchanged; yellow metal trading at Rs 55,960
The price of 22-carat gold rose by Rs 200 from yesterday's to Rs 51,300
Profit-booking takes some sheen off gold; commodity hits all-time high
The yellow metal had closed at Rs 56,195 per 10 gram in the previous trade. Silver also plummeted Rs 1,475 to Rs 69,286 per kilogram
 "Profit-booking takes some sheen off gold; commodity hits all-time high")
Gold trading at Rs 55,750 per 10 grams, silver selling at Rs 72,000 per kg
The price of ten grams of 24-carat gold in Delhi, Chennai, and Bangalore is Rs 55,900, Rs 57,140, and Rs 55,800, respectively
Gold prices rise to mid-June highs as markets look to US Fed minutes
The market now awaits the 2 p.m. EST release of the minutes from the Fed's Dec. 13-14 policy meeting
Gold trading at Rs 55,590 as rates rise in early trade, silver unchanged
Gold is considered a hedge against inflation and economic uncertainties, but higher interest rates increase the opportunity cost of holding gold as it pays no interest
