Page 63 - Gold
Gold, electronic goods worth Rs 3.09 crore seized at Chennai airport
Over six kilograms of gold and electronic goods worth Rs 3.09 crore were seized in multiple incidents at the airport here in the last two days, the Customs department said on Friday.
 "Gold, electronic goods worth Rs 3.09 crore seized at Chennai airport")
How will the IIBX at GIFT City benefit India?
On July 29, PM Modi launched India's first bullion exchange at Gujarat's GIFT City. Experts believe it will usher in transparency in the gold's price-setting mechanism. Here is more about the exchange
 "How will the IIBX at GIFT City benefit India?")
IIBX at GIFT City: A potential gold standard for the bullion trade
IIBX has the potential to ease the hassle involved in importing precious metals
 "IIBX at GIFT City: A potential gold standard for the bullion trade")
Gold steadies as lower US treasury yields counter uptick in dollar
Spot gold was flat around $1,771.29 per ounce by 0843 GMT, after hitting its highest since July 5 at $1,780.39 earlier in the session.
 "Gold steadies as lower US treasury yields counter uptick in dollar")
Gold-Silver Price Today: Prices go down for a while - Monday, 1 August
Gold and Silver prices go down gradually. Chennai to be the most expensive to city to buy gold and silver.
 "Gold-Silver Price Today: Prices go down for a while - Monday, 1 August")
Despite pullback, MCX Gold, Silver futures face multiple hurdles ahead
The MCX Gold futures are likely to face resistance around Rs 51,670, while Silver futures may face hurdle at Rs 59,030.
 "Despite pullback, MCX Gold, Silver futures face multiple hurdles ahead")
Gold, silver prices surge across India after US Federal Reserve hikes rates
Gold and silver have always remained some of the precious assets to safeguard against inflation
Utilise price corrections to buy gold; this safe haven's here to stay
If the Fed turns less aggressive, the yellow metal could stage a comeback
 "Utilise price corrections to buy gold; this safe haven's here to stay")
Gold rates fall today, price of silver rises by Rs 100 to Rs 54,600 per kg
10 gram of 22-carat gold is trading at Rs 46,450 today after a fall of Rs 130
Key levels: Gold needs to sustain above Rs 50,700; Silver above Rs 54,100
The MCX Gold futures seem to be taking support around the 200-DMA, on the upside sustained trade above the 20-DMA at Rs 50,700 can trigger a fresh rally.
Gold to face headwinds in H2 2022 as dollar continues to dominate
Gold is heading into the second half of the year under increasing pressure, with the dollar more than ever the dominant driver
MCX Gold futures trade near 200-DMA; Silver likely to test 200-WMA
The MCX Gold futures may test its support at the 200-DMA placed at Rs 49,750, while Silver futures may dip towards the 200-WMA placed at Rs 53,900-odd level.
EU to ban Russian gold imports in new sanctions package amid war
The European Commission has adopted a proposal for a seventh package of measures that will ban the importation of Russian gold
 "EU to ban Russian gold imports in new sanctions package amid war")
Gold slips to near 1-year low as US inflation jump bolsters rate hike bets
Spot gold was down 0.4% at $1,719.49 per ounce by 09:35 a.m. ET (1335 GMT), after dropping to its lowest since August at $1,707.09 earlier in the session. US gold futures were down 0.6% at $1,714.60
Gold struggles for traction as interest rate hike bets, dollar dim appeal
Spot gold was little changed at $1,734.59 per ounce by 0916 GMT after hitting $1,722.36 earlier in the session, its lowest since Sept. 30. US gold futures rose 0.1% to $1,733.60.
TMS Ep213: Adani's 5G bid, Erik Berglof, gold, anchor investors
What does Adani's 5G spectrum bid mean? What is Erik Berglof's take on economic turmoil? Is it a good strategy to invest in gold right now? Who are anchor investors? All answers here
 "TMS Ep213: Adani's 5G bid, Erik Berglof, gold, anchor investors")
Is it a good strategy to invest in gold right now?
With financial markets facing a turbulent time, is it a good strategy to seek refuge in gold? What are the key factors that you must keep in mind before investing in the yellow metal?
The emerging stress in imports: Surprisingly, it's coal more than oil
Surprisingly, its coal more than oil that is emerging as a huge pressure point
 "The emerging stress in imports: Surprisingly, it's coal more than oil")
Broader outlook for Gold remains bullish; Silver can pull-back to Rs 59,250
The MCX Gold futures need to cross and sustain above Rs 51,350 to regain upward momentum; Silver futures has near support at Rs 56,100.
Lessons from the Raj: Whether it is gold or salt, higher duties don't work
The problem of gas in Europe, oil in the US and gold in India is a lifestyle problem. High taxes and import duties aren't going to solve it
