Page 57 - Gold

Gold price hits lifetime high of Rs 59,241 amid strong global trends

Spot gold was down 0.6 per cent at $1,976.60 per ounce, as of 6.48 pm India time, while U.S. gold futures rose 0.5 per cent to $1,983.20

Gold price rises Rs 270 to Rs 58,690; silver selling at Rs 69,800

The price of ten grams of 22 carat gold rose by Rs 250 to Rs 53,800

Banking crisis impact: Rate cut in US prerequisite for sustained gold rally

The current surge in prices of yellow metal, sparked by the banking crisis, may be followed by a period of volatility

Gold price rises Rs 550 to Rs 57,860; silver up by Rs 200 at Rs 69,200

The price of ten grams of 22 carat gold rose by Rs 500 to Rs 53,550

Brent crude oil slides to below one-year low, gold climbs over 1%

Brent crude fell $3.20, or 4.1 per cent, to $74.25 a barrel after touching $74.01 for its lowest since December 2021

Gold price rises Rs 10 to Rs 57,990, silver price unchanged at Rs 68,500

The price of ten grams of 22 carat gold went up by Rs 10 to trade at Rs 53,160

Taking global cues, gold prices climb Rs 480; silver up Rs 2,150

In the overseas markets, gold and silver were trading 0traded higher at $1,909 per ounce and $20.80 per ounce, respectively

Safe-haven gold accelerates to $1,900 level as traders assess SVB fallout

Gold raced towards the key $1,900 level on Monday as investors sought cover from the uncertainty triggered by the collapse of Silicon Valley Bank

Gold price rises by Rs 540 to Rs 56,070, silver price falls Rs 200

The price of ten grams of 22-carat gold declined Rs 500 to Rs 51,400

Gold prices up Rs 395 per 10 gm amid strong global trends, silver declines

Silver, on the other hand, declined by Rs 115 to Rs 62,095 per kilogram

Gold prices fall Rs 200, silver prices unchanged at Rs 67,000 per kg

The price of ten grams of 22-carat gold dipped Rs 200 from yesterday's close to Rs 51,650

Silicon, gold, copper, electric fields could help fight Covid-19: Study

The spike proteins of the SARS-CoV-2 virus become trapped when they come in contact with silicon, gold and copper, according to a study which also found that electric fields can be used to destroy these proteins, likely killing the virus. The spike protein is used by the SARS-CoV-2 virus to enter and infect the human cells. The study, published in the journal Chemical Science, found that the spike proteins of coronaviruses attached and became stuck to certain types of surfaces. "Coronaviruses have spike proteins on their periphery that allow them to penetrate host cells and cause infection and we have found these proteins becomes stuck to the surface of silicon, gold and copper through a reaction that forms a strong chemical bond," said study lead researcher Nadim Darwish, from Curtin University in Australia. "We believe these materials can be used to capture coronaviruses by being used in air filters, as a coating for benches, tables and walls or in the fabric of wipe cloths and f

Sale of gold jewellery hallmarked with 6-digit code starts from April 1

Sale of gold jewellery and gold artefacts hallmarked with only a six-digit alphanumeric HUID -- union identification number -- will be permitted from April 1, the government said on Saturday. This means the sale of old hallmarked jewellery with four logos without HUID (Hallmark Unique Identification) number will not be allowed after March 31. A decision in this regard was taken after due consultation with stakeholders on January 18 in a bid to safeguard the interest of consumers, the consumer affairs ministry said in a statement. Gold hallmarking is a purity certification of the precious metal. It was voluntary in nature til June 16, 2021. It may be noted that prior to the implementation of the six-digit HUID number, hallmarking of gold jewellery consisted of four marks -- BIS logo, purity of the article as well as the logo of the jeweller and Assaying and Hallmarking Centre. The six-digit HUID number was introduced from July 1, 2021. After the introduction of HUID, the hallmark

Gold price rises to Rs 56,290, silver price unchanged at Rs 66,800

The price of ten grams of 22-carat gold went up by Rs 150 to Rs 51,600

Gold price rises Rs 100 to Rs 56,120; silver price unchanged at Rs 66,800

The price of ten grams of 22-carat gold went up by Rs 100 to Rs 51,450

Gold prices fall Rs 150 to Rs 51,350, silver falls to Rs 67,800 per kg

The price of ten grams of 22 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 51,350

India's January gold imports plunge 76% to 32-month low on subdued demand

India did not slash the import duty on gold in its budget presented on Feb. 1 but raised the import duty on silver

'Gold will perform well if US Fed cuts interest rates and dollar weakens'

In a conversation with Business Standard, Siddharth Srivastava, Head of ETF Products, Mirae Asset Mutual Fund dwells upon the pros and cons of gold ETF >

Gold prices edge down as traders strap in for US Fed policy decision

Gold tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding non-yielding bullion

Last year, central banks bought most gold since 1967: WGC

Buying dipped during the coronavirus pandemic but accelerated in the second half of 2022, with central banks purchasing 862 tonnes between Jul and Dec