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Gold Safe Haven

Buy dips in Gold as low China bond yields, economic uncertainty bode well

Gold rate today: A weaker-than-expected US job data may help the metal test the crucial resistance in $2,690-$2,700, says analyst at Mirae Asset Sharekhan

Buy dips in Gold as low China bond yields, economic uncertainty bode well
Updated On : 08 Jan 2025 | 9:43 AM IST

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC

Goldman Sachs expects gold prices to reach $3,150 per ounce (bull-case scenario; base case: $3,000/oz) by December 2025, an upside of around 17 per cent from the current levels

Gold prices up 30% in 2024; set for best calendar year show in 10 yrs: WGC
Updated On : 14 Dec 2024 | 12:39 AM IST

Market Today: GIFT Nifty, Maharashtra election, Enviro Infra IPO, Dow Jones

At 6:54 AM, GIFT Nifty futures were trading 395 points higher at 24,281.5, indicating a gap-up start for the bourses

Market Today: GIFT Nifty, Maharashtra election, Enviro Infra IPO, Dow Jones
Updated On : 25 Nov 2024 | 8:00 AM IST

Market Today: HUL Q2, Gold at record, IMF on India, Waaree IPO last day

On October 22, foreign institutional investors continued their selling spree, offloading shares worth Rs 3,978.61 crore, while domestic institutional investors bought shares totaling Rs 5,869.06 crore

Market Today: HUL Q2, Gold at record, IMF on India, Waaree IPO last day
Updated On : 23 Oct 2024 | 7:23 AM IST

Gold trading Strategy: Avoid large short positions; check key levels here

Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.

Gold trading Strategy: Avoid large short positions; check key levels here
Updated On : 11 Oct 2024 | 8:27 AM IST

Gold strategy on October 9: Support at Rs 73,000; Resistance at Rs 76,300

Spot gold crashed to breach the crucial support around $2620 on Tuesday as commodities witnessed across-the-board selling.

Gold strategy on October 9: Support at Rs 73,000; Resistance at Rs 76,300
Updated On : 09 Oct 2024 | 9:15 AM IST

Stock Market Today: Middle East war, Oil prices, US jobless claims, FIIs

At 7:06 AM, GIFT Nifty futures also indicated a weak start for the bourses, trading 66 points lower at 25,410 levels.

Stock Market Today: Middle East war, Oil prices, US jobless claims, FIIs
Updated On : 04 Oct 2024 | 7:25 AM IST

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024

UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024
Updated On : 30 Sep 2024 | 1:30 PM IST

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500

Gold hit a fresh record high of $2664 and closed with a hefty gain of 1.09 per cent at $2657.

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500
Updated On : 25 Sep 2024 | 1:09 PM IST

Gold trading strategy today: Resistance at Rs 75,100; Support at Rs 71,800

US yields and the US Dollar Index surged on no recession talks, which sent the yellow metal to $2547 in today's Asian session.

Gold trading strategy today: Resistance at Rs 75,100; Support at Rs 71,800
Updated On : 20 Sep 2024 | 10:20 AM IST

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 62,990

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400
Updated On : 27 Jul 2024 | 7:47 AM IST

Gold Strategy: Buy the dips towards Rs 71,400; Support near Rs 71,500

The MCX Gold August contract was down by 0.11 per cent at its LTP of Rs 72,193. Risk appetite remains weak as wider markets swoon

Gold Strategy: Buy the dips towards Rs 71,400; Support near Rs 71,500
Updated On : 31 May 2024 | 7:02 AM IST

Gold price slips Rs 10 to Rs 72,260, silver down Rs 100 at Rs 84,900

The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 66,360

Gold price slips Rs 10 to Rs 72,260, silver down Rs 100 at Rs 84,900
Updated On : 09 May 2024 | 8:19 AM IST

Why are gold prices rising? Chris Wood of Jefferies explains

China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024

Why are gold prices rising? Chris Wood of Jefferies explains
Updated On : 12 Apr 2024 | 10:49 PM IST

Gold delivers 60% return in last 4 years, expected to touch Rs 63,000

If you bought gold during Diwali 2019, by this Diwali you would have been sitting on 60 per cent returns on your domestic Gold investments, said Motilal Oswal Financial Services

Gold delivers 60% return in last 4 years, expected to touch Rs 63,000
Updated On : 08 Nov 2023 | 10:10 AM IST

India's gold bar, coin investments touch 55 tonnes, highest since 2015

Demand jumped 20% y/y and was 38% higher than its five-year quarterly average of 40t.

India's gold bar, coin investments touch 55 tonnes, highest since 2015
Updated On : 01 Nov 2023 | 9:40 AM IST

What drives shiny metal's price up or down, explains World Gold Council

During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset?

What drives shiny metal's price up or down, explains World Gold Council
Updated On : 06 Aug 2023 | 7:34 AM IST

Gold needs to clear this hurdle for sentiment revival, shows chart

The MCX Gold October futures need to overcome the resistance at Rs 59,930, for fresh buying to emerge, indicates technical chart.

Gold needs to clear this hurdle for sentiment revival, shows chart
Updated On : 03 Aug 2023 | 11:00 AM IST

Fed slowdown expectations drive gold towards second quarterly rise

Gold prices held steady on Friday, but the safe-haven metal was bound for its second straight quarterly gain after recent banking turmoil

Fed slowdown expectations drive gold towards second quarterly rise
Updated On : 31 Mar 2023 | 6:01 PM IST

More glitter: Multi-asset allocation funds burnish gold's safe-haven appeal

Worth its weight in Gold: Saw portfolio increase of 1-6 percentage points in November-December 2022

More glitter: Multi-asset allocation funds burnish gold's safe-haven appeal
Updated On : 30 Jan 2023 | 6:10 AM IST