The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion
Gold has gained about 1.4% so far in the week. Most markets will be closed on Friday for a holiday
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The annualised volatility will be computed quarterly based on past 15 years' prices of benchmark index of a commodity
As per the latest circular, the core of the risk management system is the liquid assets deposited by trading members with the Clearing Corporation (CC)
Spot gold was down 0.2% at $1,942.85 per ounce by 0730 GMT, after hitting a more than one-week high of $1,949.32 earlier in the day. U.S. gold futures were up 0.1% at $1,947.40.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The category's net assets under management at the end of March stood at Rs 19,280 crore
The surge in gold imports during the last financial year contributed to the widening of the trade deficit to USD 192.41 billion, against USD 102.62 billion in 2020-21
Gold is highly sensitive to rising U.S. interest rates and Treasury yield, which increase the opportunity cost of holding the non-yielding bullion, while boosting the greenback in which it is priced
Spot gold was flat at $1,929.52 per ounce by 0520 GMT. US gold futures were down 0.3% at $1,931.90
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Gold prices held steady after Wednesday's release of the minutes of the Federal Reserve meeting in March, as the metal's appeal as a safe haven
Rising U.S. interest rates and higher yields increase the opportunity cost of holding non-yielding bullion, which is also used as a hedge against rising inflation
Gold held steady on Tuesday as safe-haven demand spurred by the possibility of new sanctions on Russia countered a rise in US Treasury yields and expectations of interest rate hikes by Federal Reserve
Spot gold XAU= was down 0.2% at $1,929.43 per ounce, as of 0933 GMT, trading in a narrow range
Spot gold was down 0.2% at $1,929.31 per ounce by 0721 GMT. U.S. gold futures were up 0.1% at $1,935.50.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.