Page 64 - Gold

Gold prices drop over 2% in selloff sparked by strong dollar

Dollar's 1.4% rise makes gold more expensive for overseas buyers; market focus on minutes of Fed June meeting on Wednesday

India's June gold imports treble from year ago on price correction

The country had imported 49 tonnes of gold in June, compared with 17 tonnes a year earlier, the source said on condition of anonymity

Gold slips on strong dollar gains, clings above $1,800 on recession risks

Spot gold was down 0.4 per cent to USD 1,801.20 per ounce by 0907 GMT, while U.S. gold futures were little changed at USD 1,800.80 per ounce

Muthoot Finance gets RBI approval to open 150 new branches across India

Gold financing company says it will hire 600 more people for the expansion

MCX Gold futures can rally to Rs 53,150; Silver likely to decline further

Gold futures are likely to trade with a bullish bias as long as they hold above Rs 51,535 in the entire month of July; Silver futures could decline towards Rs 53,850.

Govt imposes windfall tax on oil producers, raises import duty on gold

To curb gold imports, govt hikes customs duty on the metal to 15% from 10.75%

India feels the heat as investors face brutal emerging markets selloff

The government raised import taxes on gold, while increasing levies on exports of gasoline and diesel in an attempt to control a fast-widening current account gap.

Import duty hike likely to weigh on stocks of gold jewellery retailers

Analysts were bullish on Titan before, but may downgrade target price

High duty may extend slack season for gold, keep prices in check for now

Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading

Gold bound for worst quarter in over a year on hawkish Fed policy

Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central banks dimmed appeal for the non-yielding asset

Major hurdle for Gold seen at Rs 51,300; Silver awaits decisive move

Gold futures need to break above Rs 51,300 for fresh gains to emerge, on the downside break of Rs 50,300 can trigger a slide to Rs 49,400-odd level.

Want to get your old gold jewellery hallmarked? Check costs, other features

There are two ways in which you can get your ornaments hallmarked in order to make them marketable

GST Council meeting next week may consider e-way bill for gold transport

Likely to take up GoM report on feasibility of system for intra-state movement of precious metals

India now the fourth largest gold recycling country: World Gold Council

Over the past five years, 11 per cent of India's gold supply came from 'old gold'; driven by movements in the gold price

India fourth in global gold recycling, processed 75 tonnes in 2021: Report

India has emerged as the fourth largest recycler in the world and the country has recycled 75 tonnes in 2021, according to a World Gold Council (WGC) report.

Gold prices firm in narrow range as weaker dollar buoys bullion demand

Spot gold firmed 0.1% to $1,841.59 per ounce by 0717 GMT, after falling as much as 0.3% earlier in the session.

MCX Gold, Silver futures seem range-bound; Key levels to watch out

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

Gold to remain bullish above Rs 51,600-level; Silver futures await breakout

The bias for MCX Gold August futures is likely to remain bullish as long as the commodity sustains above Rs 51,600, below which prices can dip to Rs 51,300 to Rs 51,200.

India's gold imports jump 677% in May to 101 tonnes, shows data

India imported 101 tonnes of gold in May, compared to 13 tonnes a year earlier

Decisive move likely in MCX Gold this week; Silver futures may consolidate

The Rs 50,975-level is the pivot point for MCX Gold futures this week; Silver futures may trade in a broad range of Rs 60,165 to Rs 63,175 this week.