Page 8 - Gold
Key levels: Gold needs to sustain above Rs 50,700; Silver above Rs 54,100
The MCX Gold futures seem to be taking support around the 200-DMA, on the upside sustained trade above the 20-DMA at Rs 50,700 can trigger a fresh rally.
 "Key levels: Gold needs to sustain above Rs 50,700; Silver above Rs 54,100")
Gold to face headwinds in H2 2022 as dollar continues to dominate
Gold is heading into the second half of the year under increasing pressure, with the dollar more than ever the dominant driver
MCX Gold futures trade near 200-DMA; Silver likely to test 200-WMA
The MCX Gold futures may test its support at the 200-DMA placed at Rs 49,750, while Silver futures may dip towards the 200-WMA placed at Rs 53,900-odd level.
 "MCX Gold futures trade near 200-DMA; Silver likely to test 200-WMA")
EU to ban Russian gold imports in new sanctions package amid war
The European Commission has adopted a proposal for a seventh package of measures that will ban the importation of Russian gold
 "EU to ban Russian gold imports in new sanctions package amid war")
Gold slips to near 1-year low as US inflation jump bolsters rate hike bets
Spot gold was down 0.4% at $1,719.49 per ounce by 09:35 a.m. ET (1335 GMT), after dropping to its lowest since August at $1,707.09 earlier in the session. US gold futures were down 0.6% at $1,714.60
 "Gold slips to near 1-year low as US inflation jump bolsters rate hike bets")
Gold struggles for traction as interest rate hike bets, dollar dim appeal
Spot gold was little changed at $1,734.59 per ounce by 0916 GMT after hitting $1,722.36 earlier in the session, its lowest since Sept. 30. US gold futures rose 0.1% to $1,733.60.
TMS Ep213: Adani's 5G bid, Erik Berglof, gold, anchor investors
What does Adani's 5G spectrum bid mean? What is Erik Berglof's take on economic turmoil? Is it a good strategy to invest in gold right now? Who are anchor investors? All answers here
 "TMS Ep213: Adani's 5G bid, Erik Berglof, gold, anchor investors")
Is it a good strategy to invest in gold right now?
With financial markets facing a turbulent time, is it a good strategy to seek refuge in gold? What are the key factors that you must keep in mind before investing in the yellow metal?
The emerging stress in imports: Surprisingly, it's coal more than oil
Surprisingly, its coal more than oil that is emerging as a huge pressure point
 "The emerging stress in imports: Surprisingly, it's coal more than oil")
Broader outlook for Gold remains bullish; Silver can pull-back to Rs 59,250
The MCX Gold futures need to cross and sustain above Rs 51,350 to regain upward momentum; Silver futures has near support at Rs 56,100.
Lessons from the Raj: Whether it is gold or salt, higher duties don't work
The problem of gas in Europe, oil in the US and gold in India is a lifestyle problem. High taxes and import duties aren't going to solve it
Gold prices drop over 2% in selloff sparked by strong dollar
Dollar's 1.4% rise makes gold more expensive for overseas buyers; market focus on minutes of Fed June meeting on Wednesday
India's June gold imports treble from year ago on price correction
The country had imported 49 tonnes of gold in June, compared with 17 tonnes a year earlier, the source said on condition of anonymity
Gold slips on strong dollar gains, clings above $1,800 on recession risks
Spot gold was down 0.4 per cent to USD 1,801.20 per ounce by 0907 GMT, while U.S. gold futures were little changed at USD 1,800.80 per ounce
Muthoot Finance gets RBI approval to open 150 new branches across India
Gold financing company says it will hire 600 more people for the expansion
 "Muthoot Finance gets RBI approval to open 150 new branches across India")
MCX Gold futures can rally to Rs 53,150; Silver likely to decline further
Gold futures are likely to trade with a bullish bias as long as they hold above Rs 51,535 in the entire month of July; Silver futures could decline towards Rs 53,850.
 "MCX Gold futures can rally to Rs 53,150; Silver likely to decline further")
Govt imposes windfall tax on oil producers, raises import duty on gold
To curb gold imports, govt hikes customs duty on the metal to 15% from 10.75%
 "Govt imposes windfall tax on oil producers, raises import duty on gold")
India feels the heat as investors face brutal emerging markets selloff
The government raised import taxes on gold, while increasing levies on exports of gasoline and diesel in an attempt to control a fast-widening current account gap.
 "India feels the heat as investors face brutal emerging markets selloff")
Import duty hike likely to weigh on stocks of gold jewellery retailers
Analysts were bullish on Titan before, but may downgrade target price
 "Import duty hike likely to weigh on stocks of gold jewellery retailers")
High duty may extend slack season for gold, keep prices in check for now
Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading
 "High duty may extend slack season for gold, keep prices in check for now")
