Page 3 - Gold Prices

Gold falls ₹243 ahead of Federal Reserve meeting; silver rises ₹815

Both metals had registered a sharp fall in the domestic and global markets on Tuesday

Gold climbs ₹757 on MCX, silver surges ₹2,266 as crude oil prices ease

Gold and silver futures traded higher after crude oil slipped below $100 a barrel, while renewed geopolitical tensions and safe-haven buying supported precious metals

Higher oil prices may outweigh safe-haven demand for gold: Mirae Asset

Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, said elevated expectations of a Fed rate hike are bearish for the metal, but the downside is expected to remain limited

Gold nears two-week high as Fed outlook, West Asia conflict stay in focus

Spot gold rose 0.9 per cent to $4,113.73 per ounce, as of 0123 GMT, having climbed to its highest since July 10

Gold, silver futures rise on short covering, signs of US-Iran talks

In the global market, both metals rose after a weak start, while their futures prices opened higher in the domestic market

Gold rebounds Rs 1,400 to near Rs 1.47 lakh/10g; silver declines Rs 1,000

The yellow metal of 99.9 per cent purity climbed Rs 1,400 to Rs 1,46,900 per 10 grams (inclusive of all taxes) from Friday's closing level of Rs 1,45,500 per 10 grams

Gold opens ₹733 higher on MCX; silver gains ₹2,796 amid global tensions

Gold and silver futures traded higher in domestic and global markets as escalating geopolitical tensions boosted demand for safe-haven assets

Gold under pressure on rate hike worries as US-Iran conflict escalates

The US Fed chief Warsh's hawkish stance and rate hike worries due to Middle East tensions would keep Gold prices under pressure.

Gold, silver futures fall on MCX and Comex amid global uncertainty

Gold and silver futures opened lower on both MCX and Comex, with prices remaining under pressure during Wednesday's trading session despite ongoing global uncertainties

Gold may hit $5k on easing geopolitical risks: Kaynat Chainwala, Kotak Sec

Gold's near-term direction depends on whether June CPI marks the start of a durable disinflation trend or a temporary pullback driven by energy base effects.

Gold ETFs fall up to 5% in a month; experts see up to 20% upside

Despite the recent decline in Gold ETFs, experts are advising investors to gradually increase their exposure. Gold ETFs can deliver healthy returns over the long term

Gold can fall up to 16% to $3400/oz, say analysts; should you buy the dip?

Already in the bear territory after receding 27% from its record high level, analysts foresee further decline in gold prices of up to 16% to $3400-3500 levels.

Gold, silver may stay volatile amid US-Iran tensions, inflation data

Gold and silver are expected to remain volatile with a corrective bias in the coming week as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices and inflation data that could reshape expectations for global interest rates, analysts said. Fresh hostilities in West Asia have once again put markets on edge. The latest round of tensions began after Iran said it had struck a vessel travelling on an unapproved route and subsequently announced the closure of the Strait of Hormuz. The US Central Command later said it carried out strikes on Tehran, following which Iran retaliated by targeting American-linked installations in the United Arab Emirates, Kuwait, and Bahrain. Analysts said any further escalation in the conflict could drive crude oil prices higher, revive inflation concerns and strengthen safe-haven assets such as the US dollar and Treasury yields, limiting the upside for precious metals. "For gold and silver, momentum remains down and ...

Gold recovers as oil retreats; key hurdle stands at $4,200

Gold prices are expected to remain volatile and choppy amid uncertainty over situation in the Middle East, may trade in the range of $4,000-$4,200 for now.

Oil jumps over 5% to two-week high as Trump warns of more strikes on Iran

Brent crude climbed more than 5 per cent to a two-week high after Donald Trump warned of further strikes on Iran, while gold prices declined

Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets

Spot gold fell 0.1% to $4,100.32 per ounce ‌by 0107 GMT, after dropping to its lowest since July 2 earlier in the day

Gold prices slip ₹150, silver declines ₹5,000 amid weak global cues

Gold prices slipped Rs 150 to Rs 1,50,650 per 10 grams in the national capital on Monday, and silver dropped Rs 5,000, as a sluggish global trend and a firm US dollar prompted traders to trim positions in precious metals. The precious metal of 99.9 per cent purity had closed at Rs 1,50,800 per 10 grams in the preceding session. Silver snapped its four-day rally, declining Rs 5,000 to Rs 2,40,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,45,000 per kg, according to local dealers. Traders said the market remained range-bound as investors balanced lingering geopolitical risks in West Asia against a stronger greenback and expectations surrounding the US Federal Reserve's monetary policy. "Gold prices experienced a slight decline in the domestic markets on Monday, as investors navigated the complex landscape of Washington-Tehran relations while awaiting key inflation data from the US," said Gaurav Garg, Research Analyst at Lemonn Markets Desk. In the ...

Renewed interest in large-caps; keep a tab on IPO pipeline: Shiv Gupta

For a balanced portfolio, Shiv Gupta of Sanctum suggests holding around 40 per cent in equities, 25 per cent in debt, and 25 per cent in alternatives, including private equity, private debt, and gold

Gold prices to stay elevated, volatile; Titan bullish on long-term growth

Gold prices are expected to remain "elevated and volatile" due to geopolitical tensions, Titan said, but expressed optimism about the long-term growth prospects of the jewellery market on favourable demographics and its safe-haven appeal. Despite these challenges, the "outlook in India remains positive" due to favourable demographics and the continued relevance of jewellery as a store of value; however, "short-term demand fluctuations may persist", Titan said in its annual report. "Gold prices are expected to remain elevated and volatile, given ongoing geopolitical developments and global conflicts leading to macroeconomic uncertainties," said Titan, a JV between Tata and the Tamil Nadu government. The Tata group-managed firm also said these macroeconomic uncertainties arising from geopolitical developments could lead to shifts in demand patterns across customer segments. "In this environment, there could be shifts in demand segments and the Division will continue to prioritise mar

Gold: Short-term bias turns positive; but upside seems capped

Gold is expected to trade with a positive bias in near-term, and can extend its advance to $4,200 level in the coming weeks. Upside will remain capped unless the rate hike probability comes down furth