Page 13 - Precious Metals

Gold prices flat as dollar gains ground with central banks in focus

Gold is considered a hedge against inflation, but it could see demand take a hit from higher rates as a non-interest-paying asset.

Gold steady as improved risk appetite counters weaker dollar, yields

Although gold is considered a hedge against inflation, rate hikes would raise the opportunity cost of holding non-yielding bullion.

Gold muted as traders look past Fed to focus on economic data

Spot gold was little changed at $1,797.64 per ounce by 0440 GMT. U.S. gold futures were up 0.1% at $1,797.60.

Gold trading at Rs 48,990 per 10 gm today; silver at Rs 61,300/kg

The price of gold varies across the country due to excise duty, state taxes, and making charges

India's gold demand to keep rising after big jump in 2021: WGC

Indian demand has averaged 769.7 tonnes over the last 10 years

Gold prices muted ahead of Fed meeting for rate hikes cues

Spot gold was flat at $1,836.21 per ounce by 0403 GMT. U.S. gold futures were up 0.3% to $1,836.80

Budget: Jewellery council seeks import duty cut on precious metals

The Budget for FY23 will be tabled in the Parliament on February 1

Gold bond issue price fixed at Rs 4,786/gm; subscription opens Monday

The bonds will be sold through banks Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges -- NSE and BSE

India spends record $55.7 billion on gold imports in 2021: Report

The 2021 gold import bill easily doubled the $22 billion spent in 2020, and surpassed the previous high, set in 2011, of $53.9 billion, according to an official

Gold prices slip from six-week high on equities strength

Gold prices ended 2021 down 3.6% for the biggest annual decline since 2015, with economies starting to recover from the coronavirus crisis

Gold steadies near 6-week high as firmer yields offset Omicron woes

Benchmark 10-year U.S. Treasuries ended 2021 with the largest yield increase since 2013

Easing demand for safe-haven assets tips gold towards first fall in 3 years

Gold prices have declined more than 4% so far this year after rising 48% over the previous two years, as the global economic recovery reduced demand for the safe-haven metal

Gold set for worst year since 2015 on fading safe-haven demand

Gold prices have declined more than 4% so far this year after rising 48% over the previous two years, as the global economic recovery reduced demand for the safe-haven metal

Gold prices oscillate around $1,800 mark; firm dollar weighs

Gold prices have fallen about 5% in 2021, the most since 2015, as economies recovered from the impact of the pandemic, reducing demand for safe-haven bullion

Gold to add glitter in 2022 on pandemic worries, strong dollar

Gold prices are likely to continue to rise in the medium-term amid inflation worries and uncertainty over the Omicron variant of coronavirus

Gold prices ease from one-month peak as dollar and equities climb

Gold prices are on track for their biggest yearly decline since 2015, having fallen nearly 5% so far

Gold prices slip from one-week high as risk appetite improves

Spot gold was down 0.1% at $1,809.68 per ounce by 0457 GMT

Gold prices ease on US dollar bounce; Omicron fears cap losses

Spot gold was 0.1% down at $1,806.03 an ounce by 1150 GMT but remained above the $1,800 reached last week. U.S. gold futures slipped 0.3% to $1,806.50.

Gold a good investment option during uncertain times, high inflation

Rebalancing the portfolio by booking some profits in equity might be a good hedge for an extended bearish period.

Gold holds advance as coronavirus adds to risks for global growth

Spot gold was steady at $1,784.48 an ounce by 7:13 a.m. in London after rising 0.8% Friday