Spot gold XAU= was up 0.4% to $1,931.09 per ounce by 12:51 p.m. EDT (1651 GMT), while U.S. gold futures GCv1 were up 0.6% to $1,935.10
Spot gold XAU= was up 0.3% at $1,930.02 per ounce by 1130 GMT, while U.S. gold futures GCv1 rose 0.5% to $1,933.80
A stronger dollar makes gold less attractive for other currency holders, while higher yields increase the opportunity cost of holding non-paying bullion
A stronger dollar makes gold less attractive for other currency holders, while higher yields increase the opportunity cost of holding non-paying bullion.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Spot gold stood its ground at $1,937.55 per ounce, as of 0425 GMT, but was on course to end the week more than 1% lower. U.S. gold futures fell 0.5% to $1,944.20.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Spot gold was up 0.4% at $1,941.11 per ounce by 10:45 a.m. ET. For the month, bullion was up nearly 1.8%
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Spot silver XAG= and platinum XPT= both rose 0.5% to $24.86 per ounce and $987.39 respectively
Spot gold was up 0.3% to $1,923.95 per ounce by 0210 GMT. U.S. gold futures rose 0.5% at $1,927.70.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Gold is highly sensitive to rising U.S. interest rates, as they increase the opportunity cost of holding non-yielding bullion
Spot gold was unchanged at $1,921.74 per ounce by 0723 GMT, having fallen as much as 2.1% on Monday
Spot gold fell 1.07% to $1,936.36 per ounce by 12:01 p.m. ET(1601 GMT), while U.S. gold futures declined 0.9% to $1,936.40.
Sebi on Monday came out with product specifications pertaining to electronic gold receipts. Last month, the regulator issued the standard operating guidelines for vault managers and depositories in Electronic Gold Receipts (EGR) segment. According to Sebi, the trading of EGR would take place on stock exchanges in the 'trading unit' and the same would be specified by the stock exchanges. "The stock exchanges shall ensure that trading unit is not smaller than 10th part of the corresponding deposit unit," it said in a circular. For instance, on deposit of 100 grams of gold bar, 1 EGR may be created of 100 gm trading unit or 10 EGRs may be created of 10 gm each trading unit. "Any person desirous of dealing in EGR on the stock exchange shall deposit the gold with the registered vault managers, in the 'deposit unit', which shall be specified by the stock exchanges," the circular said. Among others, Sebi said the stock exchanges should disseminate adequate information to investors, ...
Spot gold XAU= fell 1.08% to $1,936.30 per ounce by 10:56 a.m. ET (1456 GMT), U.S. gold futures GCv1 declined 0.8% to $1,939.10
Spot gold was down 1.2% at $1,934.61 per ounce, as of 0651 GMT. U.S. gold futures fell 1% at $1,935.00
Spot silver XAG= fell 0.3% to $25.44 per ounce, but was on track for a weekly rise of about 2%
Silver climbed 2.3% to $25.65 per ounce, platinum inched up 0.1% to $1,021.38, and palladium was steady at $2,512.03