Page 5 - Gold

Gold trading at Rs 51,670 per 10 grams, silver selling at Rs 61,400 per kg

Silver prices fell by Rs 300 in Thursday's early trade, with 1 kg of silver trading at Rs 61,400

Gold trading at Rs 51,670 per 10 grams, silver selling at Rs 61,700/kg

The price of 10 grams of 22-carat gold in Delhi, Bengaluru, and Chennai was Rs 47,460, Rs 47,410, and Rs 48,150, respectively.

Gold trading at Rs 51,290 per 10 grams, silver selling at Rs 60,400/kg

The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,160, Rs 47,060, and Rs 47,710, respectively.

Gold trading at Rs 50,280 per 10 grams, silver selling at Rs 60,000/kg

The price of 10 grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 46,240, Rs 46,140, and Rs 47,160, respectively.

Gold prices at two-week low as Jerome Powell quashes dovish pivot hopes

Higher US interest rates increase the opportunity cost of holding the non-yielding asset and boosts the dollar

Gold trading at Rs 51,110 per 10 grams, silver selling at Rs 58,900/kg

The price of 10 grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,000, Rs 46,900, and Rs 47,410, respectively.

Who are the mystery buyers responsible for central bank gold boom?

Almost 400 tons were scooped up by central banks in the third quarter, more than quadruple the amount a year earlier, according to the World Gold Council

Titan hits record high on hopes of strong Q2FY23; stock up 44% in 4 months

The board of directors of Titan is scheduled to meet on Friday, November 4, 2022 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2022

Gold prices retreat 1% on stronger dollar as US Fed meeting looms

Gold could see some correction due to an upside move in the dollar heading into the Fed meeting, expected to deliver a 75 basis point increase

Survey to explore minerals at 25 potential sites in Chhattisgarh

One site each of potential gold, copper, graphite, bauxite, and moissanite would be taken up for the initial study, the official said.

Gold hits near 2-week high on bets for easing interest rate hikes

Gold prices jumped over 1% on Wednesday as the dollar and bond yields weakened amid signs that the US Federal Reserve's aggressive rate hikes were dampening inflationary pressures

BSE launches Electronic Gold Receipts for efficient price discovery of gold

Leading stock exchange BSE has launched Electronic Gold Receipt (EGR) on its platform, a move that will help in efficient and transparent price discovery of the yellow metal. It introduced two new products of 995 and 999 purity during the Muhurat trading on Diwali and trading will be in multiples of 1 gram and deliveries in multiples of 10 gram and 100 gram, the exchange said in a statement. The announcement came after the exchange last month received final approval from the Securities and Exchange Board of India (Sebi) for introducing EGR on its platform. BSE in February received in-principle approval from Sebi after which the exchange conducted several mock trading in the test environment for its members to facilitate trading in EGRs. EGRs will cater to all market participants, which means that buyers and sellers on the exchange will include individual investors, as well as commercial participants along the value chain like importers, banks, refiners, bullion traders, jewellery

Diwali 2022: Dhanteras likely to see bumper demand for jewellery

Industry captains expect a 15-20% increase in demand over last year's high base

Long-term investors should invest in gold through SGBs, say experts

Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume

Gold slides to 3-week low as dollar, fears of rate increase dent appeal

Gold prices slipped to a three-week low on Wednesday as the U.S. dollar and Treasury yields rose on bets of more steep interest rate hikes from the Federal Reserve

Planning to buy gold this Dhanteras? Check price, purity and hallmarking

The price of the gold depends on the karat which is a measurement of the purity of a piece of gold

Gold prices firm as US dollar slides; rate-hike concerns cap upside

Gold prices rose on Tuesday as a weaker dollar lifted bullion's appeal for overseas buyers, although risks from interest rate hikes by the U.S. Federal Reserve limited further gains

Gold prices jump more than 1% as US dollar, yields pull back

Gold prices on Monday rose more than 1% after declines in the previous two sessions, as the U.S. dollar and Treasury yields faltered

Pivot point at 50,350 for MCX Gold this week; Silver may see volatility

The bears are likely to have the upper hand as long as MCX Gold futures trade below Rs 50,350 this week; Near resistance on the upside is seen at Rs 50,900.

Gold heads for weekly decline as fears of hefty US interest rate hikes loom

Growing anticipation of another oversized US Federal Reserve interest rate hike kept the bullion on track for a weekly decline