Page 43 - Gold

Gold price slips Rs 10 to Rs 74,500, silver falls Rs 100 to Rs 94,500

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290

Gold rallies on cautious US Fed; check target prices, support levels here

The cautious stance of the US Federal Reserve on its monetary policy is somewhat positive for the metal; thus, inflation hedge buying theme dominates

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal

The dollar index remained subdued, making greenback-priced bullion more attractive to buyers holding other currencies

Retail expansion and omnichannel plans are in place: Titan Company CFO

In an exclusive interview, Ashok Sonthalia, chief financial officer of Titan Company, discusses the company's expansion plans

Gold price slips Rs 10 to Rs 73,740, silver falls Rs 100 to Rs 89,000

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,590

Silver trades at record high for 2nd day in Delhi; gold declines Rs 150

Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets. According to HDFC Securities, silver prices jumped Rs 300 to Rs 89,000 per kg in the national capital. It had closed at Rs 88,700 per kg in the previous session. Meanwhile, gold prices declined Rs 150 to Rs 73,900 per 10 grams. In the previous session, it had settled at Rs 74,050. "Gold prices retreated on Friday as the US dollar and US Treasury yields recovered from multi-week lows. The US dollar index is currently quoting higher by 0.22 per cent against the previous close. "Traders reassessed the future path of interest rates, leading to a recovery in the US dollar and yields, following the US Fed's policymakers' emphasis on the need for US inflation to decrease further to justify lower borrowing costs and indicating that borrowing

Gold has major resistance at 74,500, buy the dips in near-term: Sharekhan

The metal was changing hands at $2381 at the time of the MCX closing, which is down 0.20 per cent from Wednesday's closing level

Gold price rises Rs 10 to Rs 74,030, silver up Rs 100 at Rs 89,200

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860

Gold price rises Rs 10 to Rs 73,260, silver jumps Rs 100 at Rs 87,700

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,160

US homebuilder sentiment tumbles as high interest rates slow buyer traffic

Spot gold rose 0.4% to $2,367.29 per ounce, as of 1322 GMT. U.S. gold futures rose 0.6% to $2,372.70

Gold price declines Rs 10 to Rs 72,810, silver rises Rs 100 at Rs 87,300

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,960, Rs 72,810, and Rs 72,970, respectively

Gold declines as traders await key US inflation data for more rate cut cues

Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday

Domestically held gold reserve rise by 40% in 5 years, shows RBI data

As of the end of March 2024, the Reserve Bank of India held a total of 822 metric tonnes of gold, with 408 metric tonnes held within the country

Gold price slips Rs 10 to Rs 73,350, silver down Rs 100 at Rs 86,900

The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 67,240

Gold ETFs see first outflow post March 2023 at Rs 396 cr on profit booking

Gold Exchange Traded Fund (ETF) witness a net outflow of Rs 396 crore last month, making it the first withdrawal after March 2023, owing to profit booking. Despite the decline, the asset under management (AUM) of gold funds rose 5 per cent to Rs 32,789 crore at April-end from Rs 31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India (Amfi). As per the data, Gold ETFs saw a net withdrawal of Rs 396 crore in April as compared to an inflow of Rs 373 crore in the preceding month. The last time this asset class witnessed net outflow was in March 2023, withdrawing Rs 266 crore. "In INR terms, gold has done fairly well over the last year but dwarfs in comparison to how equities have fared. Given this backdrop, flows in the Gold ETF category have been somewhat patchy relative to the equity asset class. That said, investors could have opted to book some profits in this segment which has resulted in the asset class witnessing net outflows ...

Gold price climbs Rs 10 to Rs 73,700, silver rises Rs 100 to Rs 87,800

The price of 22-carat gold inched up Rs 10, with the yellow metal selling at Rs 67,560

Akshaya Tritiya: Jewellery brands roll out discounts & instant delivery

You can also get gold and silver delivered to your doorstep within just 10 minutes through quick commerce platforms

Akshaya Tritiya 2024: Should you buy gold today? What experts suggest

Akshaya Tritiya 2024: Factors such as the current gold price, manufacturing charges, and the inclusion of diamonds or other gemstones influence the final cost of gold jewellery

Gold prices on Akshaya Tritiya, May 10: Check key levels before investing

Spot gold was up nearly 1 per cent Thursday on rate cut bets as the weekly US job data disappointed

Akshaya Tritiya: Silver will outshine gold in near term, buy on dips

Investors looking for precious metals might want to consider silver over gold, according to Motilal Oswal Financial Services Limited (MOFSL).