Page 21 - Gold

Trading strategies for nickel and copper by Tradebulls Securities

Nickel has made 'harami' candlestick formation after sharp red candle, indicating selling momentum has subsided

Gold will surge to fresh highs but bitcoin better for $7.5 bn hedge fund

Wall Street banks divided on the relative merits of the pair: Citigroup sees gold 'losing luster' to cryptocurrencies, while Goldman Sachs believes the two assets can coexist.

Traders see gold price regaining $2,000/oz level on speculative interest

Gold has gained over $150 in first two months of FY22, yielding 9% returns; Bitcoin rally could reverse flow into the metal

Gold retreats from near five-month peak on firmer yields, equities

Gold prices retreated from a near five-month high marked in the previous session, as an uptick in bond yields weighed on the safe-haven metal

Gold scales near 5-month peak on weaker dollar, inflation worries

Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session

Gold subdued as dollar, yields tick up ahead of US inflation data

Spot gold was down 0.2% at $1,893.07 per ounce by 0308 GMT. Bullion has risen 0.7% so far this week, and was on track for its fourth straight weekly gain.

Here's why Bhavik Patel of Tradebulls thinks Brent crude may hit $80 soon

Crude oil prices are above their daily 5, 8, 13, and 21 day moving average envelope, which is in bullish sequential order

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls

We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week

'Any level between Rs 45,000-Rs46,000 is ideal for investing in Gold'

If prices gets lower around Rs 46,650 during Akshaya Tritiya 2021, we would recommend investors to buy

Gold rises on hopes of rates staying low, firm treasury yields cap gains

Spot gold was up 0.3 per cent at $1,821.02 per ounce by 07:12 GMT, after falling more than 1 per cent in the previous session

India's reserves adequacy improved to 18.6 months in December 2020

As at end-March 2021, RBI held 695.31 tonnes of gold--403.01 tonnes overseas with the Bank of England and Bank of International Settlements, and 292.30 tonnes domestically

Gold subdued on buoyant dollar; investors awaits US inflation data

US gold futures fell 0.2 per cent to $1,834.20 per ounce.

Gold rises on hopes of low interest rates post bleak US jobs data

US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April, pushing the dollar to a more than two-month trough, making gold less expensive for holders of other currencies

Gold, silver rally reflecting global recovery, says HDFC Securities

Gold prices got support from a weaker dollar as traders and investors are waiting for key US data, says Tapan Patel HDFC Securities, Senior Analyst (Commodities)

Gold steadies on firm dollar; palladium hovers near record high

Spot gold was flat at $1,778.60 per ounce by 0930 GMT, after falling about 0.8% in the previous session. US gold futures were steady at $1,777

Gold falls from two-month high as dollar strength dents safe-haven appeal

U.S. gold futures fell 0.4% to $1,785.50.

India's gold demand could falter in June quarter on Covid-19 lockdowns: WGC

Appetite for gold soared in the first quarter on pent-up demand after weddings were delayed in 2020 due to the Covid-19 pandemic

Gold heads for second straight weekly gain as investors weigh US data

The latest numbers from both countries show consumer spending boosting the recovery from the pandemic

Gold retreats on firm dollar, yields; United States inflation data eyed

A stronger dollar pressures gold as the metal becomes expensive for buyers outside the United States

Gold slips from one-month high as dollar, bond yields stage rebound

Gold retreated from a over one-month peak hit in the previous session, weighed by rebound in the dollar and US Treasury yields, though it was still on course to register its first weekly gain in three