Reading Time: < 1 minute Gold demand this year will be underpinned by consumers and central banks, mitigating outflows from exchange- traded funds, according to the World Gold Council
Precious Metals ends five days of gains as earnings lift market optimism
Reading Time: < 1 minute Gold and Silver prices snapped a five-day streak of gains as positive earnings reports from U.S. and European companies bolstered broader market optimism, reducing the appeal of haven metals.
Gold reclaims $1800, bulls’ eye $1834
Reading Time: < 1 minute Gold prices reclaimed the $1,800 mark on Monday, supported by persisting worries over inflation, as investors looked ahead to the next Federal Reserve meeting for its outlook on monetary policy
Gold imports touch a decade-high level of $23.9 billion in H1
Reading Time: < 1 minute Precious Metal spiked after extending last week’s uptrend, jumping $15 per ounce to break above $1800 for the first time in 5 weeks as global stock markets rose despite surging energy costs and inflation forecasts
Precious Metals make a come back before the festive season
Reading Time: 3 minutes Since late September, gold and silver have been steadily finding buyers, bouncing up from multi-month lows. Long-term interest rates, on the other hand, continue to rise at the same time.
Precious Metals Heads for Second Weekly Gain as Inflation Concerns Persist
Reading Time: < 1 minute Precious Metals headed for a second straight weekly gain as investors weighed concerns over inflationary pressures with signals from some Federal Reserve officials that interest- rate hikes aren’t imminent.
Precious Metals Holds Gains as Fed Official Signals No Rush For Rate Hikes
Reading Time: < 1 minute Gold steadied after a two-day advance as investors weighed the latest comments from Federal Reserve officials, which indicated that interest-rate hikes aren’t imminent
Precious Metals Gains as Bond Yields Weaken and the U.S. Dollar Retreats
Reading Time: < 1 minute Gold snapped a two-day decline as the dollar weakened and U.S. bond yields held steady, while traders awaited comments from a slate of Federal Reserve speakers this week.
Precious Metals ticks higher as U.S. bond yields, dollar ease
Reading Time: < 1 minute Gold prices edged up on Monday, recouping some losses after a steep sell-off in the previous session as U.S. bond yields and the dollar softened, restoring some of the precious metal’s appeal.
Demand for gold ETFs in India on a sharp rise attracting $60 million in September
Reading Time: < 1 minute Gold exchange-traded funds (ETFs) in India reportedly attracted Rs 446 crore (or about $59.43 million) last month, which far exceeded the inflow of Rs 24 crore (or $3.19 million) recorded in August.