Page 33 - Gold

Gold trading at huge discount as prices hit record high, cross Rs 35k mark

2019 has been one of the best years for gold investors as the metal has delivered returns of 12.5 per cent so far

Gold soars to 6-year-high to $1,450 on US Fed rate cut hint, Iran tensions

The metal has gained nearly 2% so far this week, on track for a second consecutive weekly gain

Trading interest in gold futures rises, open positions at 6-yr high on MCX

High price volatility sparks interest, with futures price ruling higher than spot prices, leading to arbitrage and vibrancy in the options market

Gold soars by Rs 600 in Mumbai's Zaveri Bazar, silver shows modest uptrend

Strong rupee takes some shine off rally in yellow metal; jewellery buyers defer fresh purchases on hopes of a correction in prices from current high levels

Gold's not glittering: Can retailers attract young buyers with a new story?

In the last five years, India's demand for gold jewellery has remained around 600 tons while investment demand has shrunk

Have received representations for cut in customs duty on gold: Sitharaman

The country's gold imports dipped about 3 per cent in value terms to $32.8 billion during 2018-19, which is expected to keep a lid on the current account deficit

Gold correction on US-China patch up talks only for short term: Analysts

Support is seen at $1,365-1,375 levels, at which the metal delivered 5X returns over a five-year period

Tipping point: Gold prices are on the rise; should you invest?

Low real interest rates are positive for gold

Gold enters long-term bull market but analysts urge short-term caution

Experts are now eyeing the Trump-Xi meeting on Saturday; if a deal to end the trade war is struck, gold could shed $100 quickly. But if things worsen it could move by as much as $200

The gold rush

Global central banks' purchases are pushing up prices

Letter to BS: Measures needed to make gold deposit schemes popular

Measures like starting facilities for refining and certification of standards, building public trust in such schemes and incentives with institutions and individuals are necessary

Gold drops to 3-month low

Gold recorded a decline of over 6% since its recent peak of Rs 28700 on July 11

RBI enters top-10 list of gold holders with 52.3-tonne purchase in FY19

Till about a month ago, the central bank was ranked 11th, but in March it added 3.7 tonnes of gold to its forex reserves and dislodged the Netherlands from the 10th spot

Gold loses sheen, falls Rs 150 to Rs 32,720 on lacklustre demand

Sovereign gold, however, held steady at Rs 26,500 per eight gram

WGC nudges govt to enforce its norms for buyers and sellers of digital gold

Council's guidelines have been designed to protect investors as well as to promote best practices among sellers

Gold steadies as Donald Trump's tariff threat supports dollar

Spot gold was down 0.1 percent at $1,277.66 per ounce, as of 1324 GMT

Outbreak of 'yellow fever'

Central banks have started buying gold in large quantities and selling US dollars

Govt plans to reduce GST rate and basic customs duty on gold

India's gold import fell 3% in value to $32.8 billion (Rs 2.3 trillion) during 2018-19

Cooler price pushes India gold demand 5% in Q1, more glitter likely ahead

May rise further on account of Akshaya Tritiya, wedding season

Global gold demand up 7% in Q1; gold jewellery demand in India at 4-yr high

India's demand for gold jewellery hit a four-year high in Q1CY19 at 125.4 tonnes. This, WGC said, helped the overall gold demand for jewellery at the global level inch nearly 1% higher to 530.3 tonnes