Page 3 - Gold Trade

Best of BS Opinion: India needs a new approach to managing gold and water

Today, we look at the challenges and opportunities that India faces in various areas, from gold to flowers to water, and most importantly, China.

Goldman Sachs raises year-end gold forecast to $3,700 on strong demand

The bank also noted a surge in gold ETF inflows, driven by fears of a recession, with its economists assigning a 45 per cent probability to a US recession in the next 12 months

Gold soars past $3,200 as trade war deepens, dollar loses ground

Spot gold was up nearly 2 per cent at $3,235.89 an ounce at 2:32 p.m. ET (1832 GMT), after hitting a record high of $3,245.28 earlier in the session

Trading guide, April 11: Trump 90-day tariff halt, global sell-off, TCS Q4

In the previous session, Indian markets ended in the red after the RBI MPC cut the repo rate by 25 basis points to 6 per cent, and shifted its policy stance from 'accommodative' to 'neutral'.

Gold to face short-term pressure amid risk aversion and profit booking

Support is at $2947 (MCX June contract ₹86,300) /$2900 (₹85,000). Resistance is at $3050 (₹89,300)/$3100 (₹90,800)

Gold trims losses as safe-haven, central bank demand lend support

Gold dropped over 3% on Friday, after US President Donald Trump's bigger-than-expected tariff measures rippled across global markets, wiping out nearly $6 trillion in value from US stocks last week

Safe-haven demand for gold may rise further; check support, resistance here

On April 3, spot gold, buoyed by renewed safe haven demand due to unexpectedly high reciprocal tariff rates that pose a risk to the global trade and economy, soared to a fresh record high of $3,167.84

Safe-haven gold hits record high as Trump announces sweeping tariffs

All eyes are on the US non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path

How to trade Gold ahead of Trump's reciprocal tariff announcement today?

Gold rallied 19 per cent in the first quarter as it was up around 2 per cent last week-its fourth straight weekly gain.

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

The key risks to the upside in gold, BofA Securities said includes US fiscal consolidation, reduced geopolitical tensions, and a return to collaborative inter-governmental relations

Geopolitical uncertainties favours yellow metal: Mirae Asset Sharekhan

On March 27, spot gold rose to a fresh record high of $3,059 on safe haven demand coming on US imposing auto tariffs. A weaker dollar also boosted the yellow metal

Markets Today: FIIs; Sebi proposal; Trump tariffs; Gold; Active, Rapid IPOs

FY25 wrap: At 6:34 AM, GIFT Nifty Futures were down 28 points at 23,749, suggesting a negative start

Gold falls ₹10 to ₹89,280; silver tumbles ₹100, trading at ₹1,00,900

The price of 22-carat gold fell ₹10, with ten grams of the yellow metal selling at ₹81,840

How to trade Gold today? Praveen Singh of Mirae Asset Sharekhan suggests

Spot gold was trading at $3,039, down around 0.25 per cent on the day, at the time of writing. The MCX Gold April contract at Rs 88,700 was up around 0.1 per cent

Domestic jewellery demand takes a hit as gold scales Rs 90,000 per 10 grams

This is in tandem with international prices, which hit record highs and crossed $3,000 an ounce on Friday, say industry players. One ounce is approximately 28.35 gm

2025 investment guide: 'Say no to US tech stocks, allocate more to gold'

Ashika Global Family Office Services has cautioned Indian investors over the US Stock Market for 2025.

Markets Today: GIFT Nifty; Wall St bleeds; Japan GDP; IndusInd Bk; NAPS IPO

FIIs net sold shares worth Rs 485.41 crore, while DIIs net bought shares worth Rs 263.51 crore, on March 10

Gold slips below Rs 89,000 mark on muted demand, silver climbs Rs 500

Gold price slipped below Rs 89,000 per 10 grams in the national capital on Friday due to subdued domestic demand, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity dipped by Rs 200 to Rs 88,900 per 10 grams registering its second day of decline. Gold of 99.5 per cent purity also went lower by Rs 200 to Rs 88,500 per 10 grams. Traders said reduced demand from local jewellers as well as retail buyers led to the fall in gold prices. However, silver climbed by Rs 500 to Rs 99,500 per kilogram extending the gains for the fourth straight day. In the past four sessions, the white metal had advanced by Rs 3,100. In futures trade on the MCX, gold for April delivery slipped by Rs 50 to Rs 85,983 per 10 grams. On the global front, gold futures were trading flat at USD 2,929.30 per ounce. Meanwhile, spot gold rose USD 10.14 or 0.35 per cent to USD 2,921.94 per ounce. Silver futures, however, in the Asian market hours quoted 0.17 per cent lower at USD

Gold strategy on February 21: Support at Rs 84,800, Resistance at Rs 87,770

Weaker dollar, geopolitical concerns over Ukraine peace process, economic and political concerns due to Trump's tariff plans and softer yields are positive for the metal

Here's how to trade Gold on February 19; Check support, target and more

Disappointing data out of the US viz retail sales, nonfarm payroll (considering the downward revision done by BLS) and NAHB housing Index are positive for the yellow metal