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Page 23 - Gold

President Trump's admin to check amount of gold stored at Fort Knox

The president's comments come amid speculation over an idea that the US Treasury could revalue its gold stockpiles

President Trump's admin to check amount of gold stored at Fort Knox
Updated On : 20 Feb 2025 | 9:15 AM IST

Trump's tariff threats pave way to safe-haven gold's all-time high

Gold's rally appears to be driven by President Trump's remarks on upcoming tariffs for autos and pharmaceuticals

Trump's tariff threats pave way to safe-haven gold's all-time high
Updated On : 19 Feb 2025 | 5:02 PM IST

Musk takes on Fort Knox: Who can confirm the US still holds $425 bn in gold

Elon Musk questions whether $425 billion-worth gold reserves are safe in Fort Knox, challenging the strict security measures and lack of transparency

Musk takes on Fort Knox: Who can confirm the US still holds $425 bn in gold
Updated On : 19 Feb 2025 | 3:01 PM IST

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

Here's how to trade Gold on February 19; Check support, target and more
Updated On : 19 Feb 2025 | 10:36 AM IST

Gold price climbs Rs 10 to Rs 86,960; silver down Rs 100 at Rs 1,00,400

The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,710

Gold price climbs Rs 10 to Rs 86,960; silver down Rs 100 at Rs 1,00,400
Updated On : 19 Feb 2025 | 7:48 AM IST

Gold rush: Why JPMorgan, HSBC are pulling bullion from Bank of England

Donald Trump's tariff threats spark huge gold rush from London to New York as prices surge 11% in the US

Gold rush: Why JPMorgan, HSBC are pulling bullion from Bank of England
Updated On : 17 Feb 2025 | 11:41 AM IST

Gold takes the crown as equities stumble on a shaky throne, shows data

Allocate 10-15% to gold, but don't expect last year's gains: Experts

Gold takes the crown as equities stumble on a shaky throne, shows data
Updated On : 16 Feb 2025 | 11:19 PM IST

Gold scaling new peaks: Book profit if weight in portfolio exceeds 15%

Geopolitical tensions and fears of trade wars due to anticipated US tariff announcements are the key drivers of gold prices

Gold scaling new peaks: Book profit if weight in portfolio exceeds 15%
Updated On : 13 Feb 2025 | 10:15 PM IST

Praveen Singh of Mirae Asset Sharekhan suggests 'buy on dips' for gold

The metal was trading at $2,906, down nearly 0.40 per cent on the day, whereas the MCX April gold contract was changing hands at Rs 85,540, down nearly 0.32 per cent on the day

Praveen Singh of Mirae Asset Sharekhan suggests 'buy on dips' for gold
Updated On : 12 Feb 2025 | 10:36 AM IST

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 price hits $2,900 today, up 11% in 2025; will the rally continue?
Updated On : 10 Feb 2025 | 10:56 PM IST

Action against banks, NBFCs if they violate gold auction norms: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan. During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules. There are very well laid down and tight processes in place for auctioning of gold by NBFCs and banks in case a borrower fails to pay the gold loan. These processes are followed by NBFCs and banks, she told Lok Sabha. There is a process for giving enough number of notices to bank account holders to say their servicing is not up to the mark. In the eventuality of a borrower not coming back to pay, the bank or NBFC will be forced to go for an auction, the minister said. Sitharaman stressed that even while going for an auction, there are very well laid out procedures and tight processes. "... if these processes are violated,

Action against banks, NBFCs if they violate gold auction norms: Sitharaman
Updated On : 10 Feb 2025 | 1:20 PM IST

Gold rises Rs 10 to Rs 86,520, silver falls Rs 100 to Rs 99,400 per kg

The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 79,310

Gold rises Rs 10 to Rs 86,520, silver falls Rs 100 to Rs 99,400 per kg
Updated On : 07 Feb 2025 | 7:54 AM IST

Gold price climbs Rs 10 to Rs 86,250, silver rises Rs 100 to Rs 99,600

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 79,060

Gold price climbs Rs 10 to Rs 86,250, silver rises Rs 100 to Rs 99,600
Updated On : 06 Feb 2025 | 7:25 AM IST

Gold demand up 1% in 2024, to remain supported by economic uncertainty: WGC

Spot gold prices rose by 27 per cent last year, the most since 2010, as investors chose the metal to hedge against global risks and as the US Federal Reserve slashed interest rates

Gold demand up 1% in 2024, to remain supported by economic uncertainty: WGC
Updated On : 06 Feb 2025 | 12:33 AM IST

Gold consumption in India to cool in 2025 as prices soar, says WGC

Demand for gold could stand between 700 metric tonnes and 800 metric tonnes, compared to last year's 802.8 tonnes

Gold consumption in India to cool in 2025 as prices soar, says WGC
Updated On : 06 Feb 2025 | 12:00 AM IST

Gold hits record high as investors flock to safe-haven amid tariff war

China imposed tariffs on US imports, swiftly responding to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada

Gold hits record high as investors flock to safe-haven amid tariff war
Updated On : 04 Feb 2025 | 8:44 PM IST

Gold pares early losses as Trump tariffs drive interest in safe-haven

Gold, often regarded as a safe-haven investment during periods of economic or geopolitical instability, soared to a record peak of $2,817.23 on Friday

Gold pares early losses as Trump tariffs drive interest in safe-haven
Updated On : 03 Feb 2025 | 7:01 PM IST

Gold rises Rs 10 to Rs 84,340; silver up Rs 100, trades at Rs 99,600 per kg

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 84,340

Gold rises Rs 10 to Rs 84,340; silver up Rs 100, trades at Rs 99,600 per kg
Updated On : 01 Feb 2025 | 7:55 AM IST

Gold prices hit record high as Trump tariff concerns drive demand

Gold is considered a safe investment during geopolitical turmoil and thrives in a low interest rate environment

Gold prices hit record high as Trump tariff concerns drive demand
Updated On : 31 Jan 2025 | 2:40 PM IST

Should you buy or sell Gold ahead of Budget 2025? Check rate, outlook

Gold rate today: India's budget to be presented on February 1 will be important for domestic gold prices as import duty on precious metals may be increased.

Should you buy or sell Gold ahead of Budget 2025? Check rate, outlook
Updated On : 31 Jan 2025 | 11:48 AM IST