Page 61 - Gold Prices

Gold and Brent crude rise over 1% after Janet Yellen's 'act big' call

Spot gold gained 1.18 per cent to $1,862.10 per ounce by 8.20 pm IST, having risen 1 per cent to a near one-week high earlier

Gold prices rise over 1% as focus turns to Joe Biden's administration

Yellen on Tuesday said pandemic relief would take priority over tax increases

Gold gains, dollar weakens as Yellen underscores need of stimulus

Spot gold gained 0.6% to $1,850.66 per ounce by 0604 GMT. U.S. gold futures added 0.5% to $1,850

Gold recovers as hopes of additional fiscal stimulus in US buoy appeal

Spot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec. 2. U.S. gold futures rose 0.1% to $1,831.90

Gold steadies as prospects of major US stimulus offsets firm dollar

Earlier in the session, the U.S. dollar held near a four-week peak against rival currencies, making gold expensive for holders of other currencies

Gold prices increase on Biden's stimulus plans, Fed's dovish stance

Gold rose as prospects of a substantial US pandemic relief package boosted the metal's appeal as an inflation hedge, while the Federal Reserve's dovish stance on monetary policy also supported prices

Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,000 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 48,350 per 10 gm, while in Chennai it fell to Rs 46,600

Gold edges higher as weak US labour market data boosts stimulus bets

The number of Americans filing first-time applications for unemployment benefits surged last week

Gold prices retreat as dollar, US Treasury yields rebound; Stimulus awaited

Gold prices fell on Thursday as US Treasury yields and the dollar rebounded, while investors awaited details on incoming US President Joe Biden's coronavirus stimulus proposal

Gold price today at Rs 52,750 per 10 gm, silver trending at Rs 66,300 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 48,350 per 10 gm, while in Chennai it fell to Rs 46,620

Gold gains as stocks dip on Washington worries, rising virus cases

Spot gold rose 0.2% at $1,847.96 per ounce by 0235 GMT, after touching its lowest since Dec. 2 in the previous session. US gold futures eased 0.2% to $1,847.30

Gold price today at Rs 52,420 per 10 gm, silver trending at Rs 64,800 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 48,050 per 10 gm, while in Chennai it fell to Rs 46,800

Gold hits near six-week low on firmer dollar, higher Treasury yields

Gold prices touched a near six-week low on Monday, extending losses from the previous session, as a stronger dollar and higher US Treasury yields pressured the non-yielding bullion

Gold price today at Rs 52,860 per 10 gm, silver trending at Rs 63,900 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 48,460 per 10 gm, while in Chennai it fell to Rs 47,010

Gold prices inch lower as stronger US dollar, higher yields weigh

Gold inched lower on Friday as the US dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain

Gold prices inch down as higher yields outweigh stimulus optimism

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus

Gold eases as dollar gains on 'knife-edge' Georgia runoffs outcomes

Gold edged lower as the dollar firmed with investors tracking two closely contested US Senate runoff races in Georgia that will likely determine President-elect Biden administration's fiscal policy

Gold price today at Rs 54,700 per 10 gm, silver trending at Rs 70,200 a kg

In New Delhi, the gold price of 22-carat gold is at Rs 50,150 per 10 gm, while in Chennai it fell to Rs 48,560

Gold hits two-month peak as investors brace for US Senate runoffs

Spot gold was up 0.12 per cent to $1,946.52 per ounce by 9.16 pm IST, after hitting its highest since November 9 at $1,947.96

Gold prices inch down as dollar recovers; focus turns to Georgia race

Gold prices eased on Tuesday after hitting an eight-week high, as the US dollar recovered from multi-year lows ahead of Senate runoff elections in Georgia