How gold and Nifty 500 TRI fared in times of crisis – Crisis Periods
How gold and Nifty 500 TRI fared in times of crisis Source link
Gold prices
Geoff Dennis sees limited long-term impact from US government shutdown
As the United States nears a government shutdown, investors are evaluating its potential impact on the US and global markets. The shutdown, expected within hours, could affect data releases and market sentiment, particularly for emerging markets and commodities like gold. Geoff Dennis, Independent EM Commentator told ET Now, “It depends on how long the shutdown … Read more
Gold prices hold close to record at Rs 1,10,177/10 gms. Will Fed meet push it even higher this week?
Gold prices (October futures contracts at MCX) held firm at Rs 1,10,177 per 10 grams on the MCX October futures contract, staying near their lifetime high of Rs 1,10,330, hit in the previous trading session. The precious metal has been on a record-setting spree in recent sessions, supported by a weaker dollar, safe-haven demand, and … Read more
China proposes rule changes to ease gold imports and exports
China sought to ease licensing rules for gold imports and exports, as the world’s largest consumer of the precious metal continues to diversify its reserves away from US dollars. The country plans to expand the use of “multi-use permits,” a faster approval system, by increasing the number of ports that can accept them, according to … Read more
Gold prices rally to 3-week high; silver hits new peak above Rs 1.17 lakh/kg. Should you buy?
Gold and silver extended their gains as investors sought safe havens amid weakness in the dollar index. Gold October futures prices at MCX touched an intraday high of Rs 1,02,226/10 grams, while the silver September contracts were resilient, hitting their new all-time high in the domestic market today. Silver prices on MCX hit a peak … Read more
Gold bounces from lows after prices fall by Rs 1,500/10 grams this week. Can yellow metal rally further?
Gold October futures prices on MCX have fallen by Rs 1,500 so far this week after hitting a new all-time high of Rs 1,02,191 per 10 grams on Friday. Prices later bounced from these lows to trade at Rs 1,00,342 per 10 grams around noon today, higher by Rs 185 or 0.18%. Silver September contracts … Read more
Gold slips as dollar firms, investors book profit; US data on tap
Gold prices slipped on Monday as the dollar strengthened and some investors locked in profits after a recent rally, with markets now focused on upcoming U.S. inflation data that could offer insight into Federal Reserve’s interest rate outlook. FUNDAMENTALS * Spot gold was down 0.7% at $3,373.37 per ounce, as of 0137 GMT, after hitting … Read more
Gold prices surge to fresh all-time high of Rs 1,02,191/10 gms. What’s fueling the rally?
Gold October futures prices at MCX on Friday hit another new all-time high of Rs 1,02,191/10 grams, driven by US trade tariff uncertainty and safe-haven buying by global central banks. Additionally, silver September contracts were also resilient, trading at Rs 1,14,900/kg, up by Rs 614 or 0.54%. On Thursday, gold and silver settled on a … Read more
Gold prices rise to over one-month high on softer dollar, bond yields
Gold prices climbed on Tuesday to their highest point in more than a month, supported by a weaker U.S. dollar and lower Treasury yields, as investors looked for progress in trade talks ahead of an August 1 deadline. FUNDAMENTALS * Spot gold was steady at $3,390.73 per ounce, as of 0112 GMT, after hitting its … Read more
Safe-haven gold gains on global uncertainty, weaker dollar
Gold prices rose on Friday as a weaker U.S. dollar and ongoing geopolitical and economic uncertainty boosted demand for the safe-haven metal, while platinum prices eased after reaching their highest level since 2014. Spot gold rose 0.5% to $3,353.80 per ounce, as of 0947 a.m. EDT (13:47 GMT), after falling 1.1% in the previous session. … Read more