Page 16 - Gold

Gold eases as US yields edge higher; stumbling dollar caps losses

Spot gold was 0.1% lower at $1,823.24 per ounce by 1020 GMT. U.S. gold futures fell 0.3% to $1,822.20

Gold back-pedals after best day in a month; eyes on US inflation data

Spot gold was down 0.3% at $1,816.76 per ounce at 1025 GMT, after posting its biggest one-day percentage rise since mid-December on Tuesday. U.S. gold futures were little changed at $1,817.70.

Fintech startup Rupeek gives out $1 billion in gold-backed loans

Consumers in India -- where gold is considered both a status symbol and a popular investment -- hold about $1.5 trillion of the precious metal, mostly in jewelry, according to the World Gold Council

Gold tip-toes up on inflation risks despite strength in yields

Spot gold was 0.2% higher at $1,799.78 per ounce by 1035 GMT, recovering slightly from Friday when it hit its lowest since Dec. 16. U.S. gold futures rose 0.1% to $1,798.70.

Spend on expensive art works, gold all set to surge amid pent-up demand

Indians are projected to spend 75 per cent more on valuables at Rs 2.95 trillion during FY22

Gold hits one-week low as US Fed signals increase in interest rate

Spot gold XAU= fell 0.3% to $1,804.60 an ounce by 1038 GMT, having touched its lowest since Dec. 29 at $1,792.30. U.S. gold futures GCv1 dropped 1.5% to $1,797.70.

Gold recovers after worst sell-off in six weeks, shows data

In New Delhi, the yellow metal plunged by Rs 302 to Rs 46,814 per 10 gram

Gold firms above $1800 per ounce as pandemic, inflation risks linger

Spot gold rose 0.2% to $1,804.89 per ounce by 1110 GMT, after recording its worst session in more than a month on Monday. U.S. gold futures rose 0.3% to $1,805.3

Gold prices slip from six-week high on equities strength

Gold prices ended 2021 down 3.6% for the biggest annual decline since 2015, with economies starting to recover from the coronavirus crisis

Gold steadies near 6-week high as firmer yields offset Omicron woes

Benchmark 10-year U.S. Treasuries ended 2021 with the largest yield increase since 2013

Gold marks yearly dip as central banks seek to wean economy off stimulus

Spot gold was last up 0.7% at $1,827.51 per ounce by 1:46 p.m. ET, after hitting a peak since Nov. 22 at $1,827.26 on Friday, helped by a retreat in the dollar and global equities

Base metals shine in wild 2021 as gold falters, iron ore sinks

Gold bulls were ultimately left disappointed even as inflation raged

Gold set for worst year since 2015 on fading safe-haven demand

Gold prices have declined more than 4% so far this year after rising 48% over the previous two years, as the global economic recovery reduced demand for the safe-haven metal

Top headlines: IndiGo CEO says Omicron a threat; gold may hit Rs 55k

Business Standard brings you the top headlines on Thursday

Gold price may cross Rs 55k per 10 gm in 2022 on Covid woes, strong dollar

Rising inflation tends to drive gold demand. Gold is perceived as a strong hedge against inflation and decades of data supports this assumption, says an analyst

Planning wider implementation of mandatory gold hallmarking: Centre

The rollout of mandatory hallmarking of gold jewellery in 256 districts has been smooth so far, according to the Consumer Affairs Ministry.

Gold a good investment option during uncertain times, high inflation

Rebalancing the portfolio by booking some profits in equity might be a good hedge for an extended bearish period.

Don't be over-obsessed with equities, book profits if you haven't already

Exposure to debt funds and gold is essential even if current returns from these asset classes are low

Gold holds advance as coronavirus adds to risks for global growth

Spot gold was steady at $1,784.48 an ounce by 7:13 a.m. in London after rising 0.8% Friday

Gold trading at Rs 47,580 per 10 gm today, silver at Rs 60,700 a kg

The price of 10 gram of gold decreased by Rs 540 on Friday while the rate of 1 kg of silver decreased by Rs 1000