September 05, 2023 03:33 PM ISTMaking gold more expensive for other currency holders, the dollar gained 0.4% to a more than three-month high after data showed China's services activity expanded at the slowest pace in eight months in August.
September 04, 2023 05:58 PM IST The Fed is likely done raising interest rates, traders bet on Friday after a jump in the U.S. unemployment rate and moderate wage growth suggested that labour market conditions were easing.
August 22, 2023 01:49 AM IST Spot gold edged up 0.3% to $1,893.82 per ounce by 02:13 p.m. ET (1813 GMT), but still held near a five-month low of $1,883.70 it touched on Friday.
August 21, 2023 04:49 PM IST In absolute terms, gold reserves rose to Rs 3.67 lakh crore as on August 18, 2023, compared to Rs 2.02 lakh crore as on January 3, 2020, as per RBI data.
August 17, 2023 11:59 PM IST Spot gold was down 0.3% at $1,886.10 per ounce by 1:53 p.m. EDT (1753 GMT), its lowest level since March 13.
August 15, 2023 08:52 PM IST U.S. retail sales jumped 0.7% last month, the Commerce Department said on Tuesday, suggesting the economy continued to expand early in the third quarter.
August 07, 2023 10:47 PM IST Silver fell about 2% to $23.13 an ounce, while platinum slipped 0.2% to $920.27. Palladium dropped 1.8% to $1,233.98.
August 07, 2023 12:50 PM IST Market participants are now closely watching the US CPI data, a significant gauge of inflationary pressures. Fluctuations in CPI often correlate with changes in gold prices as the precious metal is often sought after as a hedge against inflation. Investors are also looking forward to the release of inflation and trade data from China
August 03, 2023 03:24 PM IST Investors now anticipate the Bank of England's decision which is expected to hike rates by 25 basis points, adding to the complexity of the global economic landscape. This anticipated rate increase adds pressure to an already intricate situation as central banks worldwide try to strike a balance between inflation control and economic recovery
August 02, 2023 04:47 PM IST Financial advisors are of the opinion that one should stick to one’s asset allocation and not go gung-ho on gold because of just one trigger.
August 01, 2023 11:38 PM IST Spot gold was down 1.1% at $1,942.65 per ounce by 12:54 p.m. ET (1654 GMT), while U.S. gold futures dropped 1.4% to $1,942.
July 26, 2023 12:43 PM IST Gold imports have surged by 17.5 percent, reaching 65 tonne YoY; and gold consumption in the same period has risen by 16.37 percent, amounting to 554.88 tonne
July 25, 2023 04:26 PM IST During the quarter, MCX gold prices surged 5-8 percent and traded above the Rs 60,000 per 10 grams mark, according to Bloomberg data.
July 24, 2023 08:22 PM IST Spot gold was mostly unchanged at $1,959.39 per ounce by 10 a.m. EDT (1400 GMT). U.S. gold futures fell 0.3% to $1,961.20.
July 21, 2023 12:42 AM IST Spot gold was down 0.4% at $1,969.53 per ounce by 1:42 p.m. EDT (1742 GMT) after hitting its highest since May 17 earlier in the session.
July 19, 2023 08:15 PM IST On Tuesday, gold hit its highest since May 24 at $1,984.19 before settling about 1.2% higher after U.S. retail sales rose less than expected in June.
July 19, 2023 01:48 PM IST The dollar index edged higher from a more than one-year low hit on July 18, making gold more expensive for holders of other currencies.
July 15, 2023 12:06 AM IST Spot gold fell 0.1% to $1,959.27 per ounce by 01:45 p.m. EDT (1745 GMT), but has gained about 1.8% so far this week. U.S. gold futures settled little changed at $1,964.40.
July 11, 2023 04:11 PM IST Spot gold was up 0.7% to $1,937.70 per ounce at 1011 GMT, set for a third consecutive session of gains. U.S. gold futures climbed 0.7% to $1,943.60.
July 06, 2023 07:27 PM IST Spot gold was down 0.4% at $1,910.69 per ounce by 09:33 a.m. EDT (1332 GMT), while U.S. gold futures dropped 0.5% to $1,917.10.
July 05, 2023 03:38 PM IST Spot gold rose 0.2% to $1,927.99 per ounce by 0952 GMT, trading in a $8 range, while U.S. gold futures gained 0.3% to $1,935.50.
July 04, 2023 06:34 PM IST Spot gold rose 0.3% to $1,927.89 per ounce by 1227 GMT, with trading volume likely thinned by a U.S. holiday.
July 03, 2023 09:52 PM IST Spot gold rose 0.3% to $1,925.85 per ounce by 12:02 p.m. EDT (1602 GMT), while U.S. gold futures gained 0.2% to $1,934.10. Bullion lost 2.5% in the April to June quarter.
June 29, 2023 09:31 PM IST Spot gold edged up 0.2% at $1,911.69 per ounce by 11:25 a.m. EDT (1525 GMT). U.S. gold futures shed 0.1% to $1,919.80.
June 29, 2023 12:00 AM IST Spot gold fell 0.1% to $1,912.49 per ounce by 1:43 p.m. EDT (1743 GMT), after hitting its lowest since mid-March. U.S. gold futures settled 0.1% lower at $1,922.20.
