Page 66 - Gold
Gold prices inch lower as Dollar rally appeal dims post US inflation data
Spot gold fell 0.2% to $1,848.15 per ounce by 0959 GMT. U.S. gold futures were down 0.2% at $1,849.20.
 "Gold prices inch lower as Dollar rally appeal dims post US inflation data")
Investors move to gold amid growth concerns, ETF inflows at 2-year high
Industry players said worsenining geopolitical scenario, tightening of interest rates and volatile equity markets have led to investors showing faith in the yellow metal
 "Investors move to gold amid growth concerns, ETF inflows at 2-year high")
Gold firms as dollar rally pauses; focus on US inflation reading
The dollar was steady after touching a 20-year high on Monday, while benchmark 10-year U.S. Treasury yields were off 3-1/2-year peaks. [USD/] [US/]
Gold rises 1% after Fed flags inflation, tones down hawkish bets
Gold is often perceived as a hedge against rising costs
Gold prices pinned near 2-1/2-month low as investors await Fed meeting
Bullion is seen as a safe store of value during times of economic and political crises.
 "Gold prices pinned near 2-1/2-month low as investors await Fed meeting")
Gold dips as bond yields rise before Fed meeting expecting rate hike
The market is concerned that the Fed could be quite hawkish, pricing in a 50 basis point hike, and it could be 75 basis points in July, said Stephen Innes, managing partner at SPI Asset Management
 "Gold dips as bond yields rise before Fed meeting expecting rate hike")
Second phase of mandatory gold hallmarking to be begin from June 1: Govt
The government on Saturday said the second phase of mandatory hallmarking of gold jewellery and artefacts will come into force from June 1 this year. Gold hallmarking is a purity certification of the precious metal and was voluntary in nature till June 16, 2021, when the government decided to implement mandatory gold hallmarking in a phased manner. In the first phase, 256 districts of the country were covered. The second phase of the mandatory hallmarking, the consumer Affairs Ministry said, will cover additional three caratages of gold jewellery/artefacts (ie 20, 23 and 24 carats) and 32 new districts, wherein an Assaying and Hallmarking Centre has been set up post-implementation of the first phase. The Centre has notified the order in this regard and will come into force from June 1, 2022, the ministry said in a statement. Nodal agency Bureau of Indian Standards (BIS) has successfully implemented the mandatory gold hallmarking in 256 districts of the country with effect from 23 J
Russian President Vladimir Putin looks to peg the ruble to gold
However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way"
 "Russian President Vladimir Putin looks to peg the ruble to gold")
Investors should maintain 10-15% allocation to gold, say analysts
While inflation and war will provide support, rising interest rates may act as dampener
 "Investors should maintain 10-15% allocation to gold, say analysts")
PhonePe announces cashback offers on gold, silver purchases via its app
Users can buy 24K gold through the app and choose to either accumulate it in bank grade insured lockers with zero hassle of storage or making charges or get delivery in form of gold coins or bars
 "PhonePe announces cashback offers on gold, silver purchases via its app")
Gold falls to four-week low amid rate hike jitters, robust dollar
Spot gold fell 0.7% to $1,916.17 per ounce by 0922 GMT, earlier hitting its lowest since March 29 at $1,911.80
Want to beat inflation? Hedge your portfolio with exposure to gold
Stock investors must avoid highly leveraged companies and those trading at steep valuations to beat inflation.
Gold rises to five-week high with growing risks boosting havens
The precious metal climbed as much as 0.8 per cent after capping a second weekly gain.
Gold trading at Rs 54,060 per 10 gm today; silver selling at Rs 70,000 a kg
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Gold trading at Rs 54,060 per 10 gm today; silver selling at Rs 70,000 a kg
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
 "Gold trading at Rs 54,060 per 10 gm today; silver selling at Rs 70,000 a kg")
Gold dips, but set for weekly gain on safe-haven demand
Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion
Gold set for weekly gain as Ukraine crisis and inflation lift appeal
Gold has gained about 1.4% so far in the week. Most markets will be closed on Friday for a holiday
Gold trading at Rs 53,840 per 10 gm today; silver selling at Rs 69,300 a kg
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
 "Gold trading at Rs 53,840 per 10 gm today; silver selling at Rs 69,300 a kg")
Sebi comes with new guidelines to evaluate risk value of gold
The annualised volatility will be computed quarterly based on past 15 years' prices of benchmark index of a commodity
 "Sebi comes with new guidelines to evaluate risk value of gold")
Sebi comes out with risk management framework for electronic gold receipts
As per the latest circular, the core of the risk management system is the liquid assets deposited by trading members with the Clearing Corporation (CC)