Page 9 - Gold

Gold bound for worst quarter in over a year on hawkish Fed policy

Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central banks dimmed appeal for the non-yielding asset

Major hurdle for Gold seen at Rs 51,300; Silver awaits decisive move

Gold futures need to break above Rs 51,300 for fresh gains to emerge, on the downside break of Rs 50,300 can trigger a slide to Rs 49,400-odd level.

Want to get your old gold jewellery hallmarked? Check costs, other features

There are two ways in which you can get your ornaments hallmarked in order to make them marketable

GST Council meeting next week may consider e-way bill for gold transport

Likely to take up GoM report on feasibility of system for intra-state movement of precious metals

India now the fourth largest gold recycling country: World Gold Council

Over the past five years, 11 per cent of India's gold supply came from 'old gold'; driven by movements in the gold price

India fourth in global gold recycling, processed 75 tonnes in 2021: Report

India has emerged as the fourth largest recycler in the world and the country has recycled 75 tonnes in 2021, according to a World Gold Council (WGC) report.

Gold prices firm in narrow range as weaker dollar buoys bullion demand

Spot gold firmed 0.1% to $1,841.59 per ounce by 0717 GMT, after falling as much as 0.3% earlier in the session.

MCX Gold, Silver futures seem range-bound; Key levels to watch out

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

Gold to remain bullish above Rs 51,600-level; Silver futures await breakout

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

India's gold imports jump 677% in May to 101 tonnes, shows data

India imported 101 tonnes of gold in May, compared to 13 tonnes a year earlier

Decisive move likely in MCX Gold this week; Silver futures may consolidate

The Rs 50,975-level is the pivot point for MCX Gold futures this week; Silver futures may trade in a broad range of Rs 60,165 to Rs 63,175 this week.

Exports in May up by 15.46% to $37.29 bn; trade deficit widens to $23.33 bn

Imports during the month grew by 56.14% to $60.62 billion

Gold standard of hallmarking purity is now just a click away: Here's how

Download BIS Care app, use 'verify HUID' to check authenticity

Upside seems capped for MCX Gold; Silver may consolidate in this range

The upside for MCX Gold June futures seem capped around Rs 51,400-level, while support is seen around Rs 50,670; Silver futures may consolidate in a broad range of Rs 58,480 to Rs 63,885.

Bihar govt allows exploration of 'country's largest' gold reserve

The Bihar government has decided to accord permission for exploration of the "country's largest" gold reserve in Jamui district, an official said

MCX Natural Gas likely to test new highs; key levels for MCX Crude Oil

The MCX Natural Gas futures may test Rs 704 as indicated on the daily charts; the bias for the remainder of the week is likely to remain bullish as long as Natural Gas sustains above Rs 673.

Gold gains for third straight session, climbs over 1% on dollar sell-off

The dollar slumped 1% as investors kept up selling pressure, cutting bets on further dollar gains from rising U.S. rates. A weaker dollar makes gold cheaper for overseas buyers. [USD/]

MCX Gold, Silver: Upside seems capped; likely trading range for the week

The upside for MCX Gold June futures seem capped around Rs 51,500-odd level; while MCX Silver futures are likely to face strong resistance in the Rs 64,200 - 64,800 range.

Gold prices touch to over one-week high as dollar starts on back foot

Prices hit their highest since May 12 at $1,853.55 earlier in the session.

India's foreign exchange reserve declines by $2.67 billion to $593 billiion

In the previous reporting week, forex reserves stood at $595.95 billion.