Page 6 - Gold

Gold prices rise marginally in early trade, silver falls Rs 1,200

Ten grams of 22-carat gold is trading at Rs 46,750 after a marginal rise of Rs 100

Gold proves its mettle against Sensex, price rises 2.6% in CY22

Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe

Gold prices edge higher as investors brace for Fed minutes, inflation data

Gold prices edged higher on Wednesday helped by a slight pullback in the dollar, as investors look to minutes from the U.S. Federal Reserve's September policy meeting

Opportune time to stock up on gold as global inflation surges, rupee falls

Low prices and the underlying demand for the yellow metal, coupled with high inflation are positives

DRI reports 11 cases of gold seizures in North East Corridor during Sept

The recent gold seizures in the North East by the Directorate of Revenue Intelligence (DRI) indicate a spurt in the smuggling of gold through the NE borders of Bangladesh and Myanmar

India slashes base import prices of crude and refined palm oil, gold

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market

Gold heads for biggest quarterly drop since early 2021 on Fed rate hikes

Gold prices were set on Friday for their biggest quarterly fall since early 2021, as aggressive interest rate hikes by the US Federal Reserve and commitment to deliver more

Equities, Gold, FDs: Where should you invest as global headwinds rise?

With the domestic economy looking ripe to shine despite a possible global recession, analysts recommend investors look at investing a bulk of their investable surplus in equities

Gold may head lower, support seen at Rs 48,900 levels; silver range-bound

The 48,900-level is the 100-WMA for MCX Gold October futures, below which the next support stands around Rs 44,500 - 200-WMA. Momentum oscillators indicate a mixed outlook for MCX Silver f

India's gold demand may cross China's: World Gold Council's John Reade

In a Q&A, the council's Global Chief Market-Strategist said the price of gold will face headwinds in the near future

TMS Ep266: Ranbaxy promoters, telecommunication bill, gold, download speed

What brought down the Ranbaxy promoters? How disruptive will the draft telecommunication bill be? Will rate hikes dull gold's allure? Why are download speeds higher than upload speeds? Answers here

Will further rate hikes dull gold's allure?

With the US Federal Reserve lifting its policy rate by 75 basis points for the third consecutive time, analysts believe that gold will continue to face pressure in the near-term. Here is a report

Gold risks collapse into bear market as Federal Reserve targets inflation

Bullion's extended retreat -- with prices on course for a sixth consecutive monthly drop in September -- has driven prices close to bear-market territory

MCX Gold can fall sharply if it breaks 100-WMA; Silver needs to win 100-DMA

The MCX Gold October futures 100-WMA is placed at Rs 48,900, sustained trade below which can trigger a 10 per cent slide. Silver futures need to conquer multiple hurdles.

Fed-induced market volatility could spur demand for gold: Experts

Use current correction to build a 10-15% allocation to yellow metal

Rs 51,100-level remains a key hurdle for Gold futures; Silver tests 200-DMA

The upside for MCX Gold October futures is seen capped around Rs 51,100-level for now. On the other hand, Silver futures may consolidate following the near 5 per cent rally last week.

Gold being imported under disguise of platinum to gain from lower duty

This issue of importing gold disguised as platinum has come to light in the past few weeks, said a source in the know

Upside for MCX Gold seems capped near Rs 51,100; Silver may pullback

The MCX Gold October futures were seen testing support around the 200-DMA; while select momentum oscillators indicate a likely pullback for Silver futures.

Gold drops below $1,700 against stronger dollar, interest rate hike bets

Gold prices fell below the key $1,700 level on Thursday for the first time since July, as a rising dollar and expectations for aggressive interest rate hikes eroded its appeal

Rate hike rush pushes gold to longest monthly losing streak in 4 years

Gold slipped on Wednesday and was on track for its longest run of monthly losses since 2018, pressured by aggressive rate hikes by major central banks across the world