Page 14 - Gold Trade

Gold holds near 4-week low with focus on key Federal Reserve meeting

The yield on 10-year Treasuries eased slightly on Monday, following a two-day gain from the lowest since March that damped the appeal of the non-interest-bearing precious metal

Flows into gold exchange-traded funds moderate as equities rally

May saw gross redemptions of Rs 105 crore, compared to less than Rs 6 crore in the preceding month

Gold prices subdued with focus on US inflation data, ECB meeting

Spot gold was down 0.1 per cent at $1,886.66 per ounce, as of 3.05am GMT

Central banks continue to remain positive on gold, finds WGC Survey

Around 21 per cent of the central banks around the globe intend to increase their gold reserves over the next 12 months: survey

Gold prices slip as uptick in dollar offsets easing US bond yields

Gold prices slipped on Monday as an uptick in the dollar dented the metal's appeal, although lower U.S. bond yields and prospects of a prolonged accommodative interest rate environment limited losses

Gold imports plunge in India as second wave of Covid-19 slashes demand

Inbound purchases slumped to 11.3 tons last month from 70.3 tons in April, according to a person familiar with the data, who asked not to be identified as the information isn't public

Gold's momentum is with the bulls after best month since July

Bullion wiped out losses made earlier this year with a 7.8 per cent advance over May amid signs of accelerating inflation

Gold gains Rs 195 in the national capital on firm global trends

Gold rose by Rs 195 to Rs 48,608 per 10 gram in the national capital on Monday following a gain in the precious metal prices, according to HDFC Securities. In the previous trade, it had closed at Rs 48,413 per 10 gram. Silver dipped marginally by Rs 15 to Rs 70,521 per kilogram from Rs 70,536 per kilogram in the previous trade. "Spot gold prices for 24 carats in Delhi rose by Rs 195 with strong COMEX (New York-based commodities exchange) gold prices," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel. In the international market, gold was trading with gains at USD 1,905 per ounce and silver was flat at USD 27.95 per ounce.

Four key charts to indicate whether latest rally in gold can be sustained

Bullion is one of the best-performing commodities this month, erasing almost all of this year's losses.

Sheen is back with rise in gold prices, but pay heed to cost and liquidity

Investors seeking to benefit from this uptrend need to understand the pros and cons of the various investment options available to them

Gold prices slip from 4-1/2-month peak as US dollar regains footing

Spot gold was down 0.1% at $1,894.88 per ounce by 0235 GMT, after hitting its highest since Jan.8 at $1,912.50 on Wednesday

Gold prices firm near multi-month highs on weaker dollar and yields

Spot gold was up 0.2% to $1,885.47 per ounce by 0724 GMT, after falling as much as 0.5% earlier in the session

Gold prices ease on global recovery hopes; weak dollar limits losses

Gold prices edged lower on Tuesday as hopes of quick economic recovery lifted demand for riskier assets, although a weaker dollar and lower US Treasury yields limited losses for the safe-haven metal

Gold hovers near 4-1/2-month high on tepid dollar, inflation jitters

Spot gold was up 0.2% at $1,883.21 per ounce by 0301 GMT. Last week, gold prices hit their highest level since Jan. 8 at $1,889.75

Gold slips as US Federal Reserve officials hint at possible 'taper' talks

Fed minutes published on Wednesday showed "a number" of officials thought that if the recovery holds up, it might be appropriate to "begin discussing a plan for adjusting the pace of asset purchases"

Gold holds below four-month peak as dollar; Treasury yields rebound

Spot gold was flat at $1,869.50 per ounce by 0500 GMT, after hitting its highest since Jan. 8 at $1,889.75 on Wednesday

Gold hovers near 4-month high as dollar eases; Fed minutes in focus

Gold prices inched up on Wednesday, hovering near a four-month high on a weaker dollar, while investors awaited minutes from the US Federal Reserve's last policy meeting as inflation worries persist

Gold scales a near four-month high; Brent crude tops $70 a barrel

Gold in Delhi rose by Rs 333 to Rs 47,833 per 10 gram in line with a rally in the global precious metal, according to HDFC Securities

Gold scales over three-month high on virus worries, lower US yields

Gold prices rose on Monday to their highest level in more than three months, as a dip in U.S. Treasury yields and worries over surging Covid cases in some Asian countries boosted demand for metal

Gold heads for best week in five months on softer dollar, yields

Spot gold was steady at $1,815.88 per ounce by 0246 GMT, after hitting its highest since Feb. 16 at $1,817.90 in the previous session