Page 17 - Gold Trade

Akshaya Tritiya was never so dull for jewellery industry: IBJA president

Industry estimates suggest that nearly 30 tonnes of gold is sold on Akshay Tritiya, last year

Existing investors must book partial profits in gold to cut portfolio risks

New ones should build their allocation gradually upon corrections

Gold jumps 2% to hit a new lifetime high, silver futures up over 5%

Appreciating rupee restricts jump, global monetary easing to support gold further

Here's why 100-ounce gold bar is attracting buyers despite volatile price

Not only are prices swinging in an erratic fashion - surging one moment and crashing the next - that is undermining the metal's vaunted status as a haven in times of crisis

Gold heading towards Rs 45,000 level amid volatility in global markets

This is a boon for investors holding gold exchange-traded funds and sovereign gold bonds

Is it a good time to buy gold as a safe-haven bet amid coronavirus fears?

Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.

RBI buys gold for forex reserves after 5 months, now holds 625 tonnes

The RBI buys gold to hedge the government's sovereign gold bond issue, launched in November 2015

BIS notifies good delivery norms for gold, silver and 31 other items

Unlike earlier, gold and silver meeting the Indian standards could now be delivered on exchanges like MCX which deal in their derivatives

Gold rally to continue for some time, book some profit now: Experts

Massive purchases by central banks have been another driver of demand for the yellow metal

Commodity outlook by Tradebulls Securities: Sell gold, buy zinc

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

Hallmarking of gold jewellery mandatory across nation from January 2020

Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered

First time since Budget, gold trading at 0.5% premium over landed cost

Gold has been selling at a premium for the first time since the Union Budget for 2019-20, presented on July 5, when import duty on gold was raised to 12.5 per cent

Muthoot Finance pre-tax profit up 42% to Rs 1,116 cr, income rises 32%

Loan assets of the group grow by 13% to Rs 40,390 crore during first half of FY20

Dull gold: Jewellery industry losing sheen for lack of policy, innovations

The lack of a coherent policy and the unwillingness of Indian jewellers to reform are tarnishing the industry

Samvat 2075 ends with highest returns for gold investors in eight years

In this Samvat, investors earned 20.4 per cent from gold. The last year in which returns from gold were as good, was Samvat 2067 and 2068, though 2072 was not bad either

RBI denies dipping into gold reserves, cites other factors for fluctuations

The central bank's gold reserves is valued at about $27 billion as of October 18, latest data showed

Gold likely to move higher in Samvat 2076; make a strategic allocation

While in the near term, gold can remain range-bound as there are various conflicting forces at play, there are triggers that can propel prices higher in the long run

Demand for gold, imports nosedive to three-year low post budget

In the first six months (January to June) of this calendar year, India imported 427.8 tonnes of gold at a monthly average of 71.3 tonnes

Gold refineries suffer after higher import duty slapped on yellow metal

The demand for gold took a major hit in the domestic market after the import duty on the precious metal was raised from 10 per cent to 12.5 per cent, leading to a sharp increase in gold prices

Analysts see gold price hitting Rs 40,000 per 10 g by the end of the year

In Mumbai's physical market, standard gold (995 purity) was trading at Rs 36,850 on Wednesday, nearly Rs 1,000 lower than in the futures market