Gold Prices

Mirae Asset sees gold testing $4,535 as yields and oil prices ease

Gold may rise to test the resistance zone of $4520-$4535. However, oil prices rising further will pose a downside risk to this possibility.

Shining bright! Gold, silver ETFs rise 2-3% as oil fall eclipses Fed hike

Analysts believe the bullion rose as the US Fed rate hike is largely discounted by the market. Meanwhile, a fall in oil prices for the third straight day softened inflation concerns.

Gold, silver prices strengthen despite US Federal Reserve rate hike

In early trade on Friday, September 18, gold and silver prices were trading firm

Gold rises ₹1,291 amid Fed rate-hike concerns, silver jumps ₹3,667

In the global market, gold was trading near $4,375 per ounce on Comex, while silver was trading near $65 per ounce

Gold falls ₹115 on US interest rate hike fears, silver declines ₹461

The benchmark October gold contract opened at ₹1,51,115 per 10 gram, down ₹115 from the previous close of ₹1,51,230

Gold falls ₹182 on MCX, trading near ₹1,53,650; silver declines ₹907

Gold edged lower in early trade on Comex after opening at $4,448 per ounce, with the precious metal last trading at $4,458.90, down $1.80 from the previous close

Investors pump $18bn into gold ETFs in Aug.; Europe-listed funds lead: WGC

North American demand, according to the report, was relatively modest early in the month before accelerating sharply during the week of 17 August when funds added roughly $4 billion.

Gold faces a critical test as markets reprice Fed rate expectations

Domestically, the dollar was whipsawed by a shifting Fed outlook through the week, leaving gold caught between a structurally softer greenback and rising rate-hike probability.

Gold falls ₹399 on MCX, silver rises ₹193 amid inflation concerns

Gold had risen sharply in August, supported by higher investment and hedging demand, along with continued buying by central banks, including China's central bank

Gold gains ₹544, silver climbs ₹993 as safe-haven buying picks up

In the global market, gold was trading near $4,480 per ounce on Comex, while silver was around $67.60 per ounce

Can gold & crypto sustain recent momentum amid looming US Fed rate hikes?

The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.

Gold: Crude, inflation key threats; analyst sees $4400 as tactical buy zone

Mirae Asset ShareKhan's Praveen Singh said that gold's key support levels are at $4,450, $4,358, and $4,300-4,330, while resistance is seen at $4,533, $4,575, and $4,650.

Bullion braces for swings as US jobs data, Iran tensions take centrestage

After a bruising week that wiped out more than Rs 6,000 from gold prices, commodity markets are heading into September with traders bracing for another bout of volatility as US jobs data and geopolitical tensions take centrestage, analysts said. Investors will focus on manufacturing and services PMI data from major economies, including India. Inflation figures from Eurozone and Germany, and US non-farm payroll data due towards the end of the week will also be closely tracked, they added. "The coming week is likely to remain highly volatile, with market participants attempting to price in the probability of a September Federal Reserve policy change," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said. Gold futures for October delivery on the Multi Commodity Exchange (MCX) tumbled Rs 6,157, or 3.8 per cent, last week to Rs 1.56 lakh per 10 grams, while silver futures for September contract plunged Rs 9,893, or 4 per cent, to Rs 2.36 lakh per ...

Gold outlook hinges on Warsh speech as hawkish Fed stance may weigh

A hawkish signal from Warsh could trigger further correction in gold towards the $4,500-$4,520 support zone, although downside may remain limited ahead of next week's US nonfarm payroll data.

Gold rises ₹320 on MCX, silver gains ₹1,456 as US bond buybacks lift demand

In the global market, gold was trading near $4,700 per ounce on Comex, while silver was around $69 per ounce

Gold falls ₹214, silver declines ₹1,921 as investors book profits

In the global market, gold was trading near $4,680 per ounce on Comex, while silver was around $67.80 per ounce

Gold hits over 3-month high ahead of US inflation data, Fed chair speech

Spot ‌gold was up 0.9 per cent at $4,643.63 per ounce, as of 0644 GMT, the highest level since mid May. Prices gained more than 5 per cent last week

Gold crosses $4,700 on Comex; silver trades above $69 amid US bond buybacks

In the global market, gold was trading near $4,700 per ounce on Comex, while silver was around $69 per ounce

Bullion may shine next week as traders await US inflation data, Fed signals

Gold and silver prices are expected to retain their upward momentum next week, though profit-booking at higher levels may temper the rally as investors await key US inflation data, analysts said. US Core Personal Consumption Expenditures (PCE) inflation and GDP figures will be the key triggers for bullion. Developments surrounding West Asia geopolitics, particularly the US-Iran peace deal and reopening of the Strait of Hormuz, will also remain in focus, they added. "In the coming trading session, we expect bias to remain positive, but some profit-booking cannot be ruled out," Pranav Mer, Senior Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the domestic front, gold futures for October delivery gained Rs 7,932, or 5.13 per cent, to close the week at Rs 1.62 lakh per 10 grams on the Multi Commodity Exchange (MCX). Silver for September delivery surged Rs 10,673, or 4.52 per cent, to settle at Rs 2.46 lakh per kilogram. "Gold remained firmly

Gold rises ₹1,205 on MCX, silver gains ₹1,745 on safe-haven demand

In the global market, gold was trading near $4,590 per ounce on Comex, while silver was around $69 per ounce