Page 20 - Gold Trade

NSE plans new exchange for domestic spot gold

India's National Stock Exchange (NSE) said on Saturday it planned to set up a new domestic spot gold exchange that would bring more efficiency and transparency to bullion pricing.

India's gold imports bounced back to 1,067 tonnes in 2021: GJEPC

India's gold imports bounced back to 1,067.72 tonnes in 2021 from 430.11 tonnes during 2020 when the demand was hit due to the COVID-19 pandemic, Gem Jewellery Export Promotion Council (GJEPC) said

Gold resumes advance as Russia-Ukraine talks re-ignited a shift

A rush to safe-haven assets earlier this week due to the Ukraine crisis powered gold prices to near record levels hit in August 2020.

Palladium charges to all-time high on Ukraine, gold tests $2,000/oz

Western nations have piled sanctions on Moscow, driving prices higher across a range of commodities

Gold prices jump Rs 1,298, silver zooms Rs 1,910 on global trends

Gold in the national capital on Monday rallied by Rs 1,298 to Rs 53,784 per 10 gram in line with strong international precious metal prices and sharp rupee depreciation, according to HDFC Securities.

Gold hits near nine-month high as Russia-Ukraine standoff worsens

Gold hits near nine-month high on Tuesday, as the Eastern Europe situation intensified after Russia ordered troops into breakaway regions of eastern Ukraine, supporting demand for safe-haven bullion.

Gold eases on US-Russia plan for talks over Ukraine

Gold retreated slightly on Friday as a potential Russia-US meeting cooled some nerves about a rise in the Ukraine conflict, but the recent rally set bullion up for a third straight weekly gain.

Share futures jump, gold falls on hopes for diplomacy in Ukraine

US and European stock futures bounced back on Friday and selling pressure on Asian shares eased after the US Secretary of State agreed to a meeting with Russia's foreign minister, over Ukraine crisis.

Dollar set to snap 2-day losing streak on Russia-Ukraine tension, Yen gains

The US Dollar is set to break a two-day losing streak on Thursday, while the Japanese yen gained, after Russia reports of fire in eastern Ukraine jangled market nerves and boosted safe haven bets.

Gold jumps over 1% as Ukraine-Russia conflict escalates

Gold jumps over 1% on Thursday, as Russia reports of firing in Ukraine that led investors towards safe-haven assets. While Platinum hits its three month high peak.

Gold spikes near eight month high as yields fall, Ukraine crisis resurfaces

Gold prices gained on Thursday after a steady start on a Russian news report of mortar fire in eastern Ukraine that sent investors rushing towards safe-haven assets.

World stocks rally, seizing on Ukraine de-escalation signs; bond yields up

World stocks crept higher on Wednesday, while assets such as government bonds and gold lost ground, despite Western doubt of Russian claims of troops pullback from Ukraine's borders.

Gold flat as easing Ukraine tensions countered support from subdued yields

Gold was flat on Wednesday, after hitting an eight-month high in volatile trade last session, as easing Russia-Ukraine tensions countered support from weaker bond yields.

Gold slips off eight-month high, after Russia-Ukraine tension ease

With the reports of Russian troops near Ukraine returning to their base, thereby easing the Russia-Ukraine tension, the Gold prices fall by 0.8% after reaching 8-month high prices.

Gold prices hits 8-month high as Russia-Ukraine tensions boost appeal

Spot gold was up 0.4% at $1,877.96 per ounce, as of 0639 GMT, after hitting its highest level since June 11 at $1,879.48 earlier. U.S. gold futures rose 0.6% to $1,880.20

Gold prices ease off three-month peak as US dollar, yields firm

Weighing on gold, the dollar and safe-haven currencies held their gains, while yields on the benchmark US 10-year Treasury note edged higher

BSE gets Sebi's in-principle approval to introduce Electronic Gold Receipt

Sebi, in January, came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of EGRs

Gold imports hit 10-year high as jewellery demand doubles

Celebrations picked up in full swing in the three months through December, more than doubling full-year imports to 925 tonnes

The reason investors are sticking with gold despite easy money ending

Money managers back the asset because they see real yields remaining negative as the US Fed struggles to tighten policy enough to push interest rates above inflation.

Gold stalls after rally to two-month highs, palladium extends gains

(Reuters) - Gold held near two-month highs on Thursday, buoyed by worries surrounding inflation and tensions over Ukraine, which also helped palladium extend its rally given concerns about supply of the autocatalyst metal from Russia.