Page 62 - Gold

Will further rate hikes dull gold's allure?

With the US Federal Reserve lifting its policy rate by 75 basis points for the third consecutive time, analysts believe that gold will continue to face pressure in the near-term. Here is a report

Gold risks collapse into bear market as Federal Reserve targets inflation

Bullion's extended retreat -- with prices on course for a sixth consecutive monthly drop in September -- has driven prices close to bear-market territory

MCX Gold can fall sharply if it breaks 100-WMA; Silver needs to win 100-DMA

The MCX Gold October futures 100-WMA is placed at Rs 48,900, sustained trade below which can trigger a 10 per cent slide. Silver futures need to conquer multiple hurdles.

Fed-induced market volatility could spur demand for gold: Experts

Use current correction to build a 10-15% allocation to yellow metal

Rs 51,100-level remains a key hurdle for Gold futures; Silver tests 200-DMA

The upside for MCX Gold October futures is seen capped around Rs 51,100-level for now. On the other hand, Silver futures may consolidate following the near 5 per cent rally last week.

Gold being imported under disguise of platinum to gain from lower duty

This issue of importing gold disguised as platinum has come to light in the past few weeks, said a source in the know

Upside for MCX Gold seems capped near Rs 51,100; Silver may pullback

The MCX Gold October futures were seen testing support around the 200-DMA; while select momentum oscillators indicate a likely pullback for Silver futures.

Gold drops below $1,700 against stronger dollar, interest rate hike bets

Gold prices fell below the key $1,700 level on Thursday for the first time since July, as a rising dollar and expectations for aggressive interest rate hikes eroded its appeal

Rate hike rush pushes gold to longest monthly losing streak in 4 years

Gold slipped on Wednesday and was on track for its longest run of monthly losses since 2018, pressured by aggressive rate hikes by major central banks across the world

Dollar, treasury yields slip as US data suggests less hawkish Fed

Gold snapped a six-session losing streak while Wall Street was little changed on hopes the Fed will turn dovish

MCX Gold may seek support around Rs 51,100-level; Silver remains negative

The MCX Gold October futures is trading near multiple supports in the form of 20-WMA, 20-DMA and 50-DMA; Whereas Silver futures may seek support near its recent low of Rs 54,160-odd level, while the u

Dollar strength sets gold on its longest losing streak since November

Spot gold dropped 0.6% to $1,748.58 per ounce by 1:47 p.m. ET (1747 GMT), having hit its lowest since July 28 earlier in the session. U.S. gold futures settled down 0.5% at $1,762.9.

Gold witnesses first weekly decline in a month as dollar, US bond rises

Spot gold fell for a fifth straight session, down 0.3% at $1,753.84 per ounce, which could be its longest losing streak since November 2021

Titan, Kalyan: Jewellery stocks to dazzle in festive season, say analysts

Analysts see more upside for jewellery stocks as festive demand kicks in post the correction of gold prices

MCX Gold, Silver futures slide; Key levels to watch out this week

Sustained trade below Rs 52,065, can trigger a fall to Rs 51,650 - 51,700 levels on the Gold futures; whereas Rs 57,200 is the key support for Silver futures.

Officials seize 831 gm of gold worth Rs 43.29 lakh at Mangaluru airport

Customs sleuths at the Mangaluru International Airport have seized 24 carat gold weighing 831 gm from a passenger who arrived by an Air India flight from Dubai

Gold, silver prices fall in early trade; yellow metal dips Rs 660 per 10 gm

The price of silver declined by Rs 300 per kg to Rs 58,700 per kg

Gold ETFs log first monthly outflows in five months, shows data

The latest bout of outflows come amid a sharp surge in the equity markets

Gold eases as investors await US inflation data due later this week

Gold prices edged lower on Tuesday as investors awaited U.S. inflation data due later in the week that could offer more clarity on the Federal Reserve's rate-hike plans to combat rising prices.

Short-term trend for MCX Gold turns positive; Silver remains negative

This week, the MCX Gold October futures could consolidate in the range of Rs 51,150 to Rs 52,870; Silver futures need to break above Rs 58,835 for gaining strength.