Page 3 - Gold Prices
Gold in India falls below pre-duty-hike levels as overseas prices drop
Domestic gold futures fell 1.93 per cent on Wednesday to ₹1,46,557 per 10 grams, their lowest level since May 5
 "Gold in India falls below pre-duty-hike levels as overseas prices drop")
Gold price climbs ₹10 to ₹1,53,170; silver down ₹100, trading at ₹2,59,900
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,410
 "Gold price climbs ₹10 to ₹1,53,170; silver down ₹100, trading at ₹2,59,900")
Silver in correction mode; but can zoom 150% in next 3 yrs: Kedia Advisory
Analysts at Kedia Stocks and Commodities Research expect Silver prices to fall to $48.60 levels in the bear-case scenario. On the upside, they expect prices to zoom up to $170 in the next bull cycle.
 "Silver in correction mode; but can zoom 150% in next 3 yrs: Kedia Advisory")
Gold price dips ₹10 to ₹1,51,680; silver down ₹100, trading at ₹2,59,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,040
 "Gold price dips ₹10 to ₹1,51,680; silver down ₹100, trading at ₹2,59,900")
Silver ETFs slip up to 6%, gold ETFs down 2% on rate hike, West Asia fears
In the international market, spot gold fell 0.2 per cent to $4,319.09 per ounce on rising fears of a US rate hike after a strong jobs report, while renewed hostilities in West Asia
Gold price falls ₹10 to ₹1,52,720; silver down ₹100, trading at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,990
 "Gold price falls ₹10 to ₹1,52,720; silver down ₹100, trading at ₹2,74,900")
West Asia crisis, oil prices key driver for gold this week: Analysts
Gold prices will remain sensitive to developments in West Asia, movement in crude oil prices, and a series of key economic data releases in the coming week, analysts said. Investors will monitor trade and inflation data from China and the US, mid-month Washington's consumer sentiment figures and India's Consumer Price Index (CPI) readings. The European Central Bank's monetary policy decision will also be in focus as market participants assess their impact on bullion and other commodities, they added. "Momentum for precious metals such as gold and silver still looks corrective," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services Ltd, said. Domestic commodity markets ended the week lower, with MCX gold futures for August delivery falling Rs 5,317, or 3.3 per cent, to Rs 1.55 lakh per 10 grams. Silver for July delivery fell Rs 18,461, or 7 per cent, to Rs 2.48 lakh per kilogram on the Multi Commodity Exchange (MCX). "Gold witnessed a weak ...
Gold price falls ₹10 to ₹1,55,720; silver down ₹100, trading at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,740
 "Gold price falls ₹10 to ₹1,55,720; silver down ₹100, trading at ₹2,74,900")
Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst
Gold ETF flows remain uninspiring, as investors continue to be deterred by elevated volatility and the prospect of higher interest rates
 "Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst")
Gold price dips ₹10 to ₹1,56,100; silver falls ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,090
 "Gold price dips ₹10 to ₹1,56,100; silver falls ₹100, trading at ₹2,79,900")
Gold price falls ₹10 to ₹1,56,210; silver down ₹100, trades at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
Gold price dips ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
 "Gold price dips ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900")
Gold price falls ₹10 to ₹1,56,210; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,190
Gold price dips ₹10 to ₹1,57,030; silver down ₹100, trading at ₹2,79,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,940
US-Iran talks, oil and Fed signals key drivers for gold this week: Analysts
Speeches from US Federal Reserve officials during the week could significantly influence interest rate expectations and determine the near-term direction for bullion prices, they added
 "US-Iran talks, oil and Fed signals key drivers for gold this week: Analysts")
Gold prices rise ₹10 to ₹1,57,650; silver up ₹100, trading at ₹2,80,100
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,510
 "Gold prices rise ₹10 to ₹1,57,650; silver up ₹100, trading at ₹2,80,100")
Gold set for third straight monthly fall as inflation concerns linger
Hopes of a US-Iran ceasefire lifted gold prices, but easing oil prices and fears of prolonged high interest rates kept bullion on track for a third monthly fall
 "Gold set for third straight monthly fall as inflation concerns linger")
Gold price dips ₹10 to ₹1,56,050; silver down ₹100, trading at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,040
US gold sinks to two-month low as US-Iran tensions stoke inflation fears
Spot gold was down 1.1 per cent to $4,406.81 per ounce, as of 0236 GMT, falling to its lowest level since March 27
 "US gold sinks to two-month low as US-Iran tensions stoke inflation fears")
Gold price dips ₹10 to ₹1,58,280; silver price falls ₹100 to ₹2,84,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,45,090