Page 150 - Gold Prices

Gold set for biggest weekly gain since Oct 2011 over Coronavirus fears

The metal has gained as much as 5.5% so far this week as worries over the coronavirus sent investors scurrying for safe-havens

Gold gains on coronavirus risks, but rise in equity market caps gains

The dollar recovered following recent declines, finding support from robust jobs data from the United States on Wednesday

Gold prices little changed as strong equities counter coronavirus fears

There are signs the epidemic has begun to weigh on business sentiment in the United States

Will gold touch the 50,000 mark? Hopes rise after US Fed rate cut

In Mumbai's physical market on Wednesday, gold prices had risen after the US Federal Reserve announced one of its steepest cuts of 0.5 per cent in interest rate

Bullion, base metals, crude oil jump on US Fed's surprise interest rate cut

Gold and silver rise sharply on safe-haven appeal in a global economy prone to more downside risk

Gold extends gains as coronavirus prompts Fed to trim rates by 50 bps

The Fed trimmed interest rates by 50 basis points on Tuesday in an emergency move to safeguard the world's largest economy from the impact of the epidemic

2,900-tonne gold mine found in Sonbhadra, 4 times that of India's reserves

Since, India is estimated to have gold reserves of less than 700 tonnes, the projected gold reserves in Sonbhadra is nearly five times that quantity

2,294-tonne goldmine unearthed in Sonbhadra, four times India's reserves

A seven-member team has been formed by the administration for auction of blocks through e-tendering

Gold prices surge 2% in domestic markets to new high on global cues

Standard gold in Mumbai's Zaveri bazaar rose to Rs 42,400 per 10gm in spot trade

Coronavirus scare: Sharp jump in gold price; silver nearly 50,000/kg

Funds rush to hedge in safe haven

Is it a good time to buy gold as a safe-haven bet amid coronavirus fears?

Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.

Gold gains as coronavirus raises policy-easing chances for central banks

Lower interest rates reduce the opportunity cost of holding non-yielding bullion and also weigh on US yields and the dollar

Gold, silver may continue to slide in short term, 2-3% decline likely

Gold extended its downturn in the physical markets in Mumbai on Saturday

Consumers stay away from fresh buying despite 0.5% correction in gold price

Investors book profits amid fears that a large sell-off in equities will have a spillover effect on a safe-haven asset like bullion

Gold retreats from 7-year high, but coronavirus fears limit losses

On Monday, the metal rose as much as 2.8% to $1,688.66, its highest since January 2013

Gold up Rs 239 to Rs 41,865 per 10 gram on global cues, rupee depreciation

Silver prices also jumped Rs 296 to Rs 47,584 per kg from Rs 47,288 per kg on Monday

Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147

"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Gold steady after one-week peak as virus fears offset uptick in equities

Spot gold was little changed at $1,570.98 per ounce by 0041 GMT. The metal touched its highest since Feb. 4 at $1,576.76 on Monday

Gold falls 1% as China works to stem economic impact of coronavirus

Beijing's efforts included signing off on more government spending, tax relief and subsidies for virus-hit sectors

Gold demand in India down 18% in Q3; revival hinges on Budget measures

This quarter was crucial because of a fall in demand in the Diwali days in the year-ago equivalent period. However, that failed to boost numbers because of high prices, weak consumer sentiment