Gold, silver news | Business Line

Reuters

Gold held steady just above $1,200 an ounce on Friday, remaining on course for its steepest week... »

Gold, silver drop on subdued demand, weak global cues

PTI

Extending its fall for the fifth straight session, gold drifted further at the bullion market he... »

Gold slips on sluggish demand, silver rebounds

PTI

Extending its fall for the third straight session, gold prices declined at the bullion market he... »

Depends on the interest

This is in response to your editorial, ‘Another gold hunt’ (May 22). We are one of the largest consumers of gold, and import up to 1,000 tonnes every year. The gold monetisation scheme had been ea... »
TECHNICAL ANALYSIS

Buy Comex gold if it dips to $1,200-05/ounce

Comex gold futures ended higher on Thursday as the dollar fell following minutes from the Federal Reserve’s policy meeting showing the US central bank was unlikely to raise interest rates in Ju... »

Crude oil futures rise to Rs 3,786 per barrel

PTI

Crude oil futures rose 0.29 per cent to Rs 3,786 per barrel today as speculators created fresh positions amid a firm trend in Asia.On the Multi Commodity Exchange, crude oil for delivery in... »

What a rip-off!

It has been reported that heart patients in India have to pay 700 per cent more than the import cost for stents — stents imported for ₹25,000 are sold at ₹1.55 lakh. This was revealed by the Food... »

Gold futures down at Rs 27,272 per 10 gm

PTI

Gold futures prices today fell 0.09 per cent to Rs 27,272 per 10 grams as speculators offloaded their positions amid a weak global trend.On the Multi Commodity Exchange, gold prices for del... »
WEEKLY OUTLOOK

Uptrend in MCX silver could resume after a slight pull back

Gurumurthy K, BL Research Bureau

The silver futures contract traded on the Multi Commodity Exchange (MCX) has surged over 5 per cent in the past week to record a high of ₹40,574 a kg on Monday. The contract has corrected from thi... »

New gold scheme may allow deposit as low as 30 grams

Shishir Sinha

One can deposit as low as 30 grams of gold under the new Gold Monetisation Scheme once the draft is approved for implementation. The scheme aims to bring out around 20,000 tonnes of gold lying idl... »

Gold snaps five-day rally on dollar gains, higher shares

Reuters

Gold snapped a five-day rally on Tuesday as the dollar rose sharply versus the euro and European shares gained after the European Central Bank suggested it may speed up its 1 trillion euro bond-bu... »

Gold futures up at Rs 27,775 per 10 gm

PTI

Gold prices rose Rs 78 to Rs 27,775 per 10 grams at the futures trade today as speculators enlarged positions taking positive cues from overseas markets.Besides, increased demand at the dom... »

Gold near 3-month high on sluggish US data, dollar

Reuters

Gold was trading close to a three-month high on Monday, buoyed by a weaker dollar and more soft US data that triggered hopes that the Federal Reserve would not hike interest rates soon. ... »

India, China account for 54% of total gold demand during Q1

Gold futures down at Rs 27,634 on weak global cues

Buy Comex gold if it dips to $1,200-05/ounce

Silver futures weaken to Rs 39,368 per kg

It was no Golden Harvest for Tanishq

Gold near 1-week high as dollar slips

Gold, silver recover on heavy buying from stockists

Gold futures rise to Rs 27,161 on firm global cues

Stay away from MCX gold

Higher interest rate must for success of gold scheme: Nomura

PTI

The Government’s ambitious gold deposit scheme can succeed only if depositors are paid a higher interest rate and banks are given more regulatory exemptions, Japanese brokerage Nomura said today.»

Another gold hunt

The success of the gold monetisation scheme will depend on how badly the Centre wants to make it work»

Gold holds above $1,200/oz as Fed minutes show June rate hike unlikely

Reuters

Gold held above $1,200 an ounce on Thursday as minutes from the Federal Reserve’s policy meet showed the US central bank was unlikely to hike interest rates in June in line with market expectation... »

Silver futures decline to Rs 39,740 per kg

PTI

Silver prices declined 0.19 per cent to Rs 39,740 per kg at the futures trade today as speculators reduced their exposure amid a weak trend in global markets.On the Multi Commodity Exchange... »

Centre moves to unlock the gold hoard

Our Bureau

Issues draft norms for deposits with banks; interest rate to be decided by lenders»

Gold, silver skid on weak demand, global cues

PTI

Gold prices slipped after a two—day rally at the domestic bullion market here on subdued demand from jewellery stockists amid weak local buying support on the back of sluggish overseas sentiments. »

Gold futures fall on weak global cues

PTI

Gold prices fell by 0.34 per cent to Rs 27,755 per ten grams in futures trade today as speculators trimmed their positions taking weak cues from the global markets.Gold for delivery in far-... »
WEEKLY OUTLOOK

MCX gold can rally further

Gurumurthy K, BL Research Bureau

The outlook for the gold futures contract traded on the Multi Commodity Exchange (MCX) is bullish. The contract has surged over 2 per cent in the past week decisively breaching the psychological r... »

Silver futures rise to Rs 40,806 per kg

PTI

Silver prices went up by Rs 342 to Rs 40,806 per kg at the futures trade today after participants built-up speculative positions, largely due to covering-up of short positions by speculators.»
Bullion Cues

Weak dollar boosts bullion

Gurumurthy K

Gold prices could move higher as the greenback remains under pressure»

Gold could drop to levels of $1,150/oz as demand slackens

Gold near 3-month high; eyes biggest weekly gain

Low prices push gold demand up 15% in March quarter

Gold futures slip to Rs 27,441 per 10 gm

Gold futures down at Rs 27,100 per 10 gm

MCX silver rally to continue

Silver futures edge higher by Rs 123 per kg

Gold struggles below $1,200 as dollar firms up

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