Page 17 - Gold Trade
Gold prices gains Rs 138, still shy of Rs 50,000; Silver jumps by Rs 224
During intraday trade, spot gold was down 0.1% at $1,641.59 per ounce as of 5.30 pm, after dropping as much as 1 per cent earlier to its lowest since April 2020 at $1,626.41 in the Asia session
 "Gold prices gains Rs 138, still shy of Rs 50,000; Silver jumps by Rs 224")
Gold hits 2-1/2-year low weighed down by sturdy dollar, Fed rate hike
Gold prices fell to a new 2-1/2-year low on Monday, weighed down by a sturdy dollar and prospects of further interest rate hikes by the U.S. Federal Reserve to bring down inflation.
 "Gold hits 2-1/2-year low weighed down by sturdy dollar, Fed rate hike")
Despite price fall, domestic gold trading at a discount to imports
In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7
Gold, silver rates rise in early trade; yellow metal selling at Rs 50,130
Gold and silver rates went up in early trade with 10 gram of yellow metal (24-carat) trading at Rs 50,130
 "Gold, silver rates rise in early trade; yellow metal selling at Rs 50,130")
Fed-induced market volatility could spur demand for gold: Experts
Use current correction to build a 10-15% allocation to yellow metal
Gold prices get reprieve as dollar slips, rate hike bets check advance
The dollar index eased 0.4% on Wednesday, making gold less expensive for overseas buyers
 "Gold prices get reprieve as dollar slips, rate hike bets check advance")
Gold prices hold steady as US' inflation data takes centre stage
U.S. gold futures were down 0.2% to $1,737.00
 "Gold prices hold steady as US' inflation data takes centre stage")
Gold, silver prices jump as dollar dips ahead of US inflation data
Gold's moves seemed to be overshadowed by silver, which usually follows gold but can be additionally influenced by economic cues given its industrial uses
Gold price ticks up as dollar slips, US inflation data in investors' focus
While gold is traditionally considered an inflation hedge, rate hikes translate into a higher opportunity cost for holding bullion, which pays no interest
Gold firms above $1,700/oz on hopes of less aggressive rate hikes by Fed
The European Central Bank is due to meet later this week, where it is expected to deliver a large 75 basis-point interest rate hike to tame record high inflation
Gold lingers near 1-month low as possibility of more Fed rate hikes weigh
Data also showed a bigger-than-expected rebound in U.S. consumer confidence in August
Gold edges higher in early Asian hours as dollar slips from 20-year high
Gold prices inched up in early Asian hours as the dollar eased off a 20-year high, offsetting pressure from expectations of the U.S. Federal Reserve keeping interest rates higher to combat inflation
Gold hits 1-month low as dollar firms, Powell signals high interest rate
Gold prices hit a more than one-month low on Monday, pressured by a robust dollar after Jerome Powell signalled continuing with an aggressive monetary policy to tame inflation
 "Gold hits 1-month low as dollar firms, Powell signals high interest rate")
Gold, silver rates unchanged in early trade; yellow metal at Rs 51,600
Gold and silver prices remained unchanged in Monday's early trade with ten gram of the yellow metal (24-carat) trading at Rs 51,600
Gold hits one-week high as dollar dips; Jackson Hole symposium in focus
Rate hikes increase the opportunity cost of holding bullion, which pays no interest, while boosting the greenback
 "Gold hits one-week high as dollar dips; Jackson Hole symposium in focus")
Sovereign Gold Bonds: Discounts, prices and everything you should know
The Sovereign Gold Bond scheme flares today, allowing you to buy gold bonds at a fixed interest of 2.5-percent twice a year. Read this article to know everything about gold bonds
Gold falls for sixth day today, hits over 3-week low on dollar rally
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion
Gold hits over 3-week low on strong dollar, Fed rate-hike worries
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion
Gold flat as investors await cues on interest rate hikes from Fed minutes
Gold prices were flat today, as investors awaited the release of the minutes of the U.S. Federal Reserve's last policy meeting later in the day that could offer clues on further interest rate hikes.
Gold ETFs log first monthly outflows in five months, shows data
The latest bout of outflows come amid a sharp surge in the equity markets