Page 18 - Precious Metals

JPMorgan to pay $920 mn for manipulating precious metals, treasury market

(Reuters) - JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday.

Gold price falls for fourth consecutive day; declines by Rs 485 per 10 gm

Gold price fell for the fourth consecutive day on Thursday, declining by Rs 485 to Rs 50,418 per 10 grams in the national capital amid weak international trends, according to HDFC Securities

Gold gains briefely as gloomy US jobs, economic outlook dents dollar

Spot gold was up 0.3% at $1,947.83 per ounce by 0503 GMT. Gold is up 0.2% so far this week, having shed 4.5% in the week to Aug. 14, its worst in five months

Gold: Enter now if you can hold for 7-8 years, maintain allocation

New investors should also minimise entry cost by purchasing on corrections

Gold price today continues upward trend at Rs 53,200, silver at Rs 65,000

In New Delhi, the price of 22-carat gold rose to Rs 52,200 per 10 grams, and in Chennai to Rs 51,250

Silver price gives competition to gold rally as industries fuel demand

At least 2,000 tonne of silver was imported in the April-June quarter, compared to 10 tonne of gold.

Gold price slides Rs 188 to Rs 48,444 per 10 gm, silver is 48,870 per kg

In Delhi, 22-carat gold prices slid to Rs 47,250 per 10 gm while 24-carat was retailing at Rs 48,450

Gold prices jump to Rs 48,320 per 10 gm, silver climbs to Rs 48,510 a kg

In New Delhi, the price of 22-carat gold slid to Rs 47,120 per 10 gram, and in Chennai to Rs 46,240

Gold prices today steady at Rs 48,350 per 10 gm, silver at Rs 48,550 a kg

In New Delhi, the price of 22-carat gold also slid to Rs 47,150 per 10 gram, and in Chennai to Rs 46,270

Gold price today: Rs 48,559 per 10 gm; silver rises to 48,600 per kg

In New Delhi, gold price today of 22-carat gold declined Rs 150 per 10 gram to retail at Rs 47,100, while in Chennai it is Rs 180 less at Rs 46,270

Gold rises 1% to new high of Rs 48,107 on safe-haven buying, Silver adds 2%

Increasing number of Covid cases and geopolitical tensions renew investors' interest in risk-free assets

Gold prices jump to Rs 47, 540 per 10 gram; silver at Rs 47,870 per kg

In New Delhi, the price of 22-carat gold iis holding steady at Rs 46,000 per 10 gram, while in Chennai it is Rs 45,530

Gold, silver remain volatile hitting price ratio at lifetime high of 121

The gold to silver price ratio was trading above 121, a lifetime high, indicating extreme weakness in silver

Gold rises after US Fed interest rate cut, but pares gains on cash hunt

The dollar fell from a more than two-week high and stock markets plunged after the Fed cut rates for the second time this year

Gold rises 1% as recession fears send investors scurrying for safe haven

The benchmark US 10-year Treasury yields fell to a record low, while the yen rose to its highest since October against the US dollar

Gold prices fall Rs 101 on rupee appreciation, global market sell-off

Silver also declined by Rs 29 to Rs 47,583 per kg from Rs 47,612 per kg

Compare price movement of precious metals before investing: Analysts

Gold-silver ratio can give direction whether the latter will rally or not

Little enthusiasm for precious metals

In 2016, gold returned nearly 12 per cent in rupee terms and eight per cent in dollar terms

Gold rebounds on jewellers' buying, silver jumps Rs 280/kg

Traders said fresh buying by jewellers to meet festive season demand from retailers led to the recovery in the precious metal prices

Gold rebounds on jewellers' demand, silver remains weak

Among other precious metals, silver was down 0.2% at $19.69 an ounce after touching a near two-week low on Monday