Page 12 - Gold Prices

Gold dips ₹10, silver falls ₹100; yellow metal trading at ₹1,08,370

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹99,340

Gold dips ₹10, silver falls ₹100; yellow metal trading at ₹1,08,480

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹99,440

Gold may see profit-taking as investors await inflation data, ECB meet

After scaling record highs last week, gold prices may face some short-term profit booking, with the precious metal's future direction dependent on upcoming global economic indicators like US and domestic inflation data, and the European Central Bank's policy meeting, according to analysts. Bullion traders will also closely monitor macroeconomic data, including the US Producer Price Index and speech of the European Central Bank's (ECB) President Christine Lagarde, they added. "Going into the week ahead, the focus will be on the inflation numbers from China, the US, Germany and India, along with American consumer sentiment data. Adding to that would be the European Central Bank's policy meeting on Thursday, as well as Chinese inflation data, which will be closely watched," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. On the Multi Commodity Exchange (MCX), the October contract of gold surged Rs 1,131 or 1.06 per cent to touch a ...

Gold price climbs ₹10 to ₹1,07,630; silver falls ₹100, trading at ₹1,25,900

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹98,660

Three reasons why Gold prices may hit ₹1.4-lakh mark sooner than you think

On the technical side, charts are crystal clear. Gold recently broke out of a bullish pole-and-flag pattern on the weekly time-frame, a setup that often precedes strong continuation rallies.

Gold likely to remain firm; near-term support at $3,500, other levels here

Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.

Gold dips ₹10, silver falls ₹100; yellow metal trading at ₹1,06,850

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹97,940

Gold climbs ₹10, silver rises ₹100; yellow metal trading at ₹1,06,100

The price of 22-carat gold increased ₹10, with ten grams of the yellow metal selling at ₹97,260

Gold strategy on Sept 3: Support at ₹103,500; Resistance at ₹109,500

Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.

Flows favour equities, returns chase gold and silver. Where to invest?

International silver prices could climb toward $50 per ounce, translating into a 20-25 per cent rise in MCX silver prices to around ₹1,50,000 per kg

Gold price climbs ₹10 to ₹1,05,890; silver rises ₹100, trading at ₹1,26,100

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹97,060

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,04,940

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹96,190

Gold's record rally faces test as focus shifts to US data, Fed rate cuts

Gold prices, which scaled record highs in the domestic market last week, are likely to face a crucial test in the coming days with investors watching US macroeconomic data and geopolitical tensions for cues on the trajectory of the precious metal, analysts said. Upcoming US employment data, purchasing managers' index (PMI) readings from major economies, and speeches of several Federal Reserve officials will also be watched, they said. "In the week ahead, focus will be on the manufacturing/services PMI data from across regions and the US employment data. Festive demand in India and uncertainty over the Russia-Ukraine peace deal as well as straining India-US relations, will also drive market sentiment," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services, said. On Friday, the most-traded gold futures for October contract soared to an all-time high of Rs 1,04,090 per 10 grams on the Multi Commodity Exchange (MCX) before settling near record ...

Gold price climbs ₹10 to ₹1,04,950; silver rises ₹100, trading at ₹1,21,000

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹96,200

Gold price climbs ₹10, silver falls ₹100; yellow metal trading at ₹1,02,610

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹94,060

Gold price rises ₹10 to ₹1,02,450; silver dips ₹100, trading at ₹1,19,900

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹93,910

Gold price dips ₹10 to ₹1,01,500; silver rises ₹100, trading at ₹1,21,100

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,040

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,01,610

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,140

Gold price dips ₹10 to ₹1,00,520, silver climbs ₹100, trades at ₹1,18,100

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,140

Gold price falls ₹250 to ₹1,00,370 per 10 g; silver rallies ₹1,000

Gold prices fell Rs 250 to Rs 1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped Rs 150 to Rs 1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at Rs 1,00,200 per 10 grams in the preceding session. However, silver prices rallied by Rs 1,000 to Rs 1,15,000 per kilogram (inclusive of all taxes) on Friday. The white metal had ended at Rs 1,14,000 per kg on Thursday, according to the Association. On the global front, spot gold was trading 0.25 per cent lower at USD 3,330.48 per ounce in New York. Spot silver also went down by 0.48 per cent to trade at USD 37.96 per ounce. "Gold and silver prices are staying within a narrow range as traders await significant movements in anticipation of US Federal Reserve Chair Jerome Powell's spee