Page 14 - Latest Updates on Gold Price
Slowdown impact: Gold, silver sales down by up to 40% this Dhanteras
Dhanteras was a muted affair in most markets across the country with traders complaining of lesser footfall and reduced consumer spending
 "Slowdown impact: Gold, silver sales down by up to 40% this Dhanteras")
Top headlines: SBI Q2 profit zooms 3-fold, JioPhone all-in-one plans & more
US market regulator SEC may seek cooperation from its Indian counterpart Sebi in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities
 "Top headlines: SBI Q2 profit zooms 3-fold, JioPhone all-in-one plans & more")
Corporates prefer gifting vouchers than 'costly' gold this Diwali season
In July-August, the jewellery-buying sentiment was somewhat muted due to high gold prices
 "Corporates prefer gifting vouchers than 'costly' gold this Diwali season")
Why it makes sense to invest in gold in the present global environment
An allocation of 10-15% of portfolio is recommended for gold; use any correction as an opportunity to add more gold to portfolio or keep allocating to gold in a systematic manner
 "Why it makes sense to invest in gold in the present global environment")
Gold rises Rs 75, silver jumps Rs 110 on rise in festive demand
In the previous trade, Gold had closed at Rs 38,870 per 10 grams
 "Gold rises Rs 75, silver jumps Rs 110 on rise in festive demand")
The upward leg in gold's cycle tends to last for 3-4 years, say analysts
Gold, currently trading at Rs 38,177 per 10 gram, has given investors a return of 20.3 per cent over the past year
RBI goes slow on gold, consumers follow suit as prices turn prohibitive
Retail gold imports in July nearly halve to 38 tonnes. August imports dip to 3-year year low of 30 tonnes, down as much as 73% YoY
 "RBI goes slow on gold, consumers follow suit as prices turn prohibitive")
Yellow metal adds sheen: Should you invest in sovereign gold bonds or ETFs?
Those with long horizon should use sovereign gold bonds; short- to medium-term horizon may consider gold ETFs
Gold prices soar to new high of Rs 38,820; silver jumps by Rs 1,140
Traders attributed the gain in gold to increase in the domestic spot market demand
 "Gold prices soar to new high of Rs 38,820; silver jumps by Rs 1,140")
Buy gold 'at any level' as central banks ease monetary policies: Mobius
Gold hit a six-year high this month on prospects for easier monetary policy from the Federal Reserve and other central banks to support growth
 "Buy gold 'at any level' as central banks ease monetary policies: Mobius")
Gold crosses $1400 driven by Fed Reserve stimulus hope, US-Iran tension
Spot gold was up 0.6% at $1,406.83 per ounce as of 0959 GMT, heading for a fifth straight session of gains
Gold declines by Rs 160, silver by Rs 625 as demand from jewellers slumps
Declined global trends have resulted in the price fall; sovereign gold however remained steady
 "Gold declines by Rs 160, silver by Rs 625 as demand from jewellers slumps")
Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver
Price hike due to safe-haven buying; trend likely to continue
 "Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver")
Gold hits over 7-month peak as Huawei case sparks risk-off sentiment
Spot gold rose to its highest since June 14, 2018 at $1,306.43.
 "Gold hits over 7-month peak as Huawei case sparks risk-off sentiment")
Global market cues, festive season push Gold price to Rs 32,780 per 10 g
Globally, gold rose 0.82 per cent to $1,225.10 an ounce in Singapore
 "Global market cues, festive season push Gold price to Rs 32,780 per 10 g")
Gold hits six-year high of Rs 32,625 per 10g over festive season demands
Besides, a depreciating rupee, that made imports costlier also added to the uptrend in the gold prices
 "Gold hits six-year high of Rs 32,625 per 10g over festive season demands")
How survival rate of a baby girl in India falls when gold prices go up
Dowries impose a considerable tax on girls' families, with estimates indicating that in South Asia it is six times the average annual household income
 "How survival rate of a baby girl in India falls when gold prices go up")
Gold prices zoom by Rs 250 at bullion market on global cues, festive demand
Globally, gold rose 1.75 per cent to $1,205.30 an ounce and silver gained 2.14 per cent to $14.77 an ounce in New York
Gold extends rally from 17-month low, stronger dollar caps gains
Spot gold was up 0.2 per cent at $1,215.71 an ounce at 0410 GMT, building on its 0.5 per cent gain on Friday
Gold prices hover near six-month low as dollar firms amid risk aversion
The dollar index was steady at 94.674 after gaining 0.4% overnight to snap a four-session losing run
 "Gold prices hover near six-month low as dollar firms amid risk aversion")
