Page 5 - Gold Trade

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

Gold prices rise Rs 300 to Rs 88,500 per 10 gm, silver climbs Rs 800

In the international markets, Comex gold futures for April delivery climbed USD 24.94 per ounce, or 0.86 per cent, to USD 2,925.64 per ounce in the global market

Here's how to trade Gold on February 14; Check support, target and more

Gold is expected to trade with a positive bias as buyers have $3,000 (MCX April gold Rs 88,000) level in focus

Gold price hits $2,900 today, up 11% in 2025; will the rally continue?

The recent uptick in gold prices in 2025 has been led by tariff threats by US president Donald Trump, which in turn have seen investors move away from equities to safer havens.

Gold strategy on February 5: Support at Rs 82,450; Resistance at Rs 85,000

Gold rally is being driven more by subdued yields and US Dollar Index rather than safe haven demand

Gold strategy on Jan 29: Support at Rs 79,400; Resistance at Rs 81,400

On January 28, spot gold traded between $2730 and $2760 as, once again, it took support at the crucial level of $2730 to extend its recovery following the selloff on January 27

Gold breaches Rs 83K for first time amid uncertainty over Trump policies

According to the All India Sarafa Association, the precious metal of 99.9 per cent purity rose Rs 200 to hit a fresh lifetime high of Rs 83,100 per 10 grams

Gold may remain choppy, volatile in short-term: Praveen Singh, Sharekhan

Gold is looking somewhat overstretched at the current level as the US economy continues to do well amid sticky inflation and strong job market

Gold hits fresh all-time high of Rs 82,900 per 10 gm, silver falls Rs 500

Gold prices rose Rs 170 to hit a fresh record high of Rs 82,900 per 10 grams in the national capital on Thursday amid a positive global trend, according to the All India Sarafa Association. The precious metal had closed at Rs 82,730 per 10 grams on Wednesday. In about one year, the precious metal surged Rs 20,180 or 32.17 per cent to Rs 82,900 per 10 grams from Rs 62,720 per 10 grams on February 23, 2024. Extending the gains for the seventh straight session, gold of 99.5 per cent purity appreciated by Rs 170 to hit an all-time high level of Rs 82,500 per 10 grams. The metal had finished at Rs 82,330 per 10 grams in the previous trading session. Gold of 99.9 and 99.5 per cent purity grew Rs 2,320 each in the last seven trading sessions. However, silver prices declined Rs 500 to Rs 93,500 per kg from the previous close of Rs 94,000 per kg on Wednesday. Bullion traders attributed the rise in precious metal prices to heightened demand by jewellers and retailers, along with a strong t

Buy dips in Gold as low China bond yields, economic uncertainty bode well

Gold rate today: A weaker-than-expected US job data may help the metal test the crucial resistance in $2,690-$2,700, says analyst at Mirae Asset Sharekhan

Gold price today: How to trade gold as US dollar surges to 52-wk highs?

Spot gold traded in the range of $2,621-$2,661 on January 2

Gold set for best year since 2010 amid rate cuts, safe haven demand

Spot gold rose 0.1 per cent to $2,607.72 per ounce as of 1315 GMT, while US gold futures gained 0.1 per cent to $2,620.40

Gold's 27% annual gain stands out in mixed year for metals markets

While bullion has ticked lower since Donald Trump's sweeping victory in November's US presidential election, its gains over 2024 still outstrip most other commodities

Gold and silver ETFs: The new-age alchemists spinning wealth in 2024

Where investors find philosopher's stone, with Rs 19K crore inflow in first 11 months of CY 2024

Here's how to trade Gold on December 27; Check support, target and more

On December 26, spot gold rose on flattish US Dollar and mixed US weekly job data

Gold steadies in thin trade as investors assess Fed policy outlook

The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions of fewer rate cuts in 2025 resulted in a decline in gold prices to their lowest level since Nov. 18 last week

Gold prices to remain under pressure in near-term; check key levels

Gold price today: Bears eye $2537 (Rs 74,000), the cycle-low made on November 14, for Gold. Resistance is at $2630 (Rs 76,700)