Page 9 - Gold Trade
Gold strategy on July 3: Support at Rs 71,300; Resistance at Rs 72,000
Spot gold rose slightly ahead of the US Fed Chair Powell's speech at the European Central Bank forum on central banking in Sintra, Portugal
 "Gold strategy on July 3: Support at Rs 71,300; Resistance at Rs 72,000")
Gold price slips Rs 10 to Rs 72,270, Silver declines Rs 100 to Rs 89,900
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,390, Rs 66,240, and Rs 66,840, respectively
Gold price rises Rs 10 to Rs 72,160, silver slips Rs 100 to Rs 89,900
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,310, Rs 66,160, and Rs 66,670, respectively
 "Gold price rises Rs 10 to Rs 72,160, silver slips Rs 100 to Rs 89,900")
Gold price slips Rs 10 to Rs 71,720, silver falls Rs 100 to Rs 89,900
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 65,740
Intraday trading strategy for gold, crude oil by Neha Qureshi of Anand Rathi
On the daily chart, MCX Gold for August is hovering near its trend line support. A break below 70,750 could signal bearish sentiments, the analyst said
 "Intraday trading strategy for gold, crude oil by Neha Qureshi of Anand Rathi")
Gold price dips Rs 10 to Rs 71,990, silver falls Rs 100 to Rs 89,900
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 65,990
 "Gold price dips Rs 10 to Rs 71,990, silver falls Rs 100 to Rs 89,900")
Gold: Yellow metal falls on hawkish Fed; bearish ahead of US payroll data
Spot gold slid on Tuesday following a rebound on Monday as the US Federal Reserve officials continue to maintain a hawkish outlook on rates
Gold price slips Rs 10, silver down Rs 100; yellow metal at Rs 72,370
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,490, Rs 66,340, and Rs 66,940, respectively
Gold zooms to two-week high on rate cut speculation; trading strategy here
Spot gold surged on Thursday to two week-high level of $2,366 on the Fed rate cut bets. The rate cut speculation gained currency as the Swiss National Bank cut interest rates for the second time
Gold slips Rs 10, silver gains Rs 100; yellow metal trading at Rs 72,210
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,340, Rs 66,190, and Rs 66,960, respectively
Gold slips Rs 10, silver declines Rs 100; yellow metal trading at Rs 72,320
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,440, Rs 66,290, and Rs 66,890, respectively
Gold Strategy: Yellow metal uncertain before Fed outcome; support at $2,277
Spot gold traded with a bearish bias on Tuesday as most of the commodities were under pressure due to the rise of far-right parties in the recently concluded European elections
Gold prices fall despite softer US yields, buy the dips; target prices here
Spot gold at the time of the MCX closing was trading at $2329, down 0.89per cent on the day, whereas the MCX August contract was changing hands at Rs 72,005, down 0.27per cent
Gold prices decline Rs 10 to Rs 72,750, silver dips Rs 100 to Rs 95,400
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,690
 "Gold prices decline Rs 10 to Rs 72,750, silver dips Rs 100 to Rs 95,400")
Gold Strategy: Buy the dips towards Rs 71,400; Support near Rs 71,500
The MCX Gold August contract was down by 0.11 per cent at its LTP of Rs 72,193. Risk appetite remains weak as wider markets swoon
Biggest global gold ETFs by AUM see $3.9 bn outflow in 5 months. Check why
On the other hand, gold prices have seen a rise in the last few months amid steady demand, especially from the global central banks
 "Biggest global gold ETFs by AUM see $3.9 bn outflow in 5 months. Check why")
Gold price climbs Rs 10 to Rs 73,210, silver rises Rs 100 to Rs 97,800
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,260, Rs 67,110, and Rs 67,760, respectively
Gold trading strategy: Yellow metal may hit Rs 71200 if US yields hold 4.5%
Gold outlook: Gold continues to see a buying support into the dips around $2,300. Support is at $2,352/$2,325/$2,317
 "Gold trading strategy: Yellow metal may hit Rs 71200 if US yields hold 4.5%")
Jewellery chain Senco Gold aims 15-20% growth in revenue, profit in FY25
Leading jewellery chain Senco Gold Ltd is looking at 15-20 per cent growth in revenue and profit in the current fiscal, despite rising prices of the yellow metal and global uncertainties. The jeweller is also planning to add 15-20 stores in the current 2024-25 financial year (FY'25), of which around 50 per cent will be franchisee-owned. "We are looking at a growth of 15 per cent as a conservative estimate, which may go up to 20 per cent in normal circumstances, in both revenue and profit in FY'25," Senco Gold MD & CEO Suvankar Sen told PTI. The jewellery chain reported a 39 per cent year-on-year revenue growth in the fourth quarter of FY'24 (2023-24) to Rs 1,137 crore, while its profit jumped 23 per cent to Rs 32.17 crore. For the entire fiscal year, the revenue growth was 29 per cent with turnover reaching Rs 5,241 crore, backed by rising gold prices and increased demand from existing and new stores. The net profit expanded by 14 per cent to Rs 181 crore. In 2023-24, the retail .
 "Jewellery chain Senco Gold aims 15-20% growth in revenue, profit in FY25")
Gold price slips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,400
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,540, Rs 66,390, and Rs 66,540, respectively