December Rate Hike Chances Strengthen
Gold recouped some of the previous session’s sharp price drop on Monday as uncertainty over a U.S. tax reform plan stoked risk aversion, pulling equities from their recent record highs.…
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Gold steady amid firmer dollar; US rate hike view weighs
Gold prices were little changed on Monday, but held near the previous session’s low, pressured by a firmer dollar and expectations of a series of interest rate hikes by the…
Tough quarter for gold as demand slides to 8-year low
Demand for gold slumped to an eight-year low in the third quarter as the prospect of higher US interest rates and tighter monetary policy resulted in less buying from institutional…
Gold tracks the U.S Currency
Bullion moved up on Wednesday as geopolitical tensions between US & North Korea and in the Middle East prompted investors to flock to safer assets. Gold was positive by almost…
winter demand good for gold but prices likely to fall
Gold prices were hovering near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no…
Rally expected in gold in near future
Gold’s rally this year came to a halt in September. And the prices continued to weaken in October mainly due to higher US nominal and US real yields. The yellow…
Gold, silver drop in morning trade
Gold was trading in red in morning trade following firm dollar and rising equity markets. Hopes of monetary policy tightening ahead of the US Federal Reserve meeting further weighed on…
Gold retreats further, holds weaker around $1325 level
Gold extended its profit taking the slide from its highest level in over a year and traded with mild negative bias through early Gold retreats Asian session on Tuesday. Improving investors’…
Gold retreats from 1-year high as dollar gains ground
Mumbai: Gold retreats fell early on Monday after hitting its highest level in over a year in the previous session, with a recovery in the US dollar reining in any upward…
Gold loan companies see return on assets soar to 2012 levels
Gold loan finance companies have seen return on assets rise to 2012 levels of around 4 percent in financial year 2016-17 because the lenders moved to periodic collection of interest…
Gold Prices Breaks above $1,300; should we take contrarian call?
Gold Prices Breaks have hit 100-month high as North Korea has confirmed to have tested a new, more powerful, nuclear weapon. One of the contributing factors that have pushed gold…
Gold rises on positive global cues
Gold prices trading higher by Rs. 31 at Rs. 30,419 per 10 grams in futures trade today as speculators raised bets amid a firm global trend. At the Multi Commodity Exchange, gold for delivery…