Business Standard

Gold Trade

Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data

Spot gold at the time of writing this report is trading at $2,631, down nearly 0.76 per cent on the day

Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data
Updated On : 06 Dec 2024 | 12:03 PM IST

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'

Spot gold is expected to be choppy on crosscurrents of haven demand on geopolitical worries and healthy risk appetite

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'
Updated On : 29 Nov 2024 | 12:22 PM IST

Gold to range trade in near-term; Sharekhan suggests 'Buying on dips'

The metal, closing 3.22 per cent lower at $2625 on November 25, traded between $2,605 and $2,642 on Tuesday and was down by nearly 0.20 per cent to trade at $2,620 at the time of writing this report

Gold to range trade in near-term; Sharekhan suggests 'Buying on dips'
Updated On : 27 Nov 2024 | 9:49 AM IST

Gold prices ease from one-week high as US dollar rebounds after 1-week low

Spot gold was down 0.2 per cent at $2,627.60 per ounce as of 1238 GMT, after hitting its highest level since Nov. 11 earlier in the session. US gold futures were steady at $2,631.30

Gold prices ease from one-week high as US dollar rebounds after 1-week low
Updated On : 20 Nov 2024 | 7:02 PM IST

Equity returns outclass gold, FD, property in the long term: Morgan Stanley

Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.

Equity returns outclass gold, FD, property in the long term: Morgan Stanley
Updated On : 13 Nov 2024 | 10:03 AM IST

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut
Updated On : 08 Nov 2024 | 10:34 AM IST

Gold slips as dollar surges on Trump win, investors keep eyes on Fed

"Gold will be torn between the risk of rising inflation, potentially slowing the pace of US rate cuts, as tariffs are rolled out and continued demand for safe haven assets," said Ole Hansen, head

Gold slips as dollar surges on Trump win, investors keep eyes on Fed
Updated On : 06 Nov 2024 | 6:35 PM IST

Gold prices may rise if Trump wins US election; check trading strategy here

Gold rate today: Donald Trump coming to power is likely to heighten the Sino-US trade tensions, which would be positive for gold

Gold prices may rise if Trump wins US election; check trading strategy here
Updated On : 06 Nov 2024 | 9:09 AM IST

Fitch affirms IIFL Finance's rating after RBI lifts ban on gold-loan biz

Fitch Ratings on Monday affirmed IIFL Finance's ratings with a stable outlook, saying that after the lifting of the ban on new gold-backed lending imposed by the Reserve Bank of India (RBI), the firm's franchise will gradually stabilise. The RBI in September, had lifted regulatory restrictions it had imposed in March on IIFL Finance's gold-backed lending business. Fitch Ratings has affirmed India-based IIFL Finance Ltd's long-term issuer default rating (IDR) and medium-term note programme rating at 'B+', and removed the ratings from 'Rating Watch Negative'. The outlook on the IDR is stable. The affirmation and stable outlook reflect expectation that IIFL Finance's franchise will gradually stabilise after the lifting of the ban. "Funding towards the gold-backed lending entity remains tentative, which could continue to restrain growth in the product. Nonetheless, funding volume for the housing finance and microfinance subsidiaries has been more resilient, which should support the cre

Fitch affirms IIFL Finance's rating after RBI lifts ban on gold-loan biz
Updated On : 04 Nov 2024 | 3:41 PM IST

More glitter in Gold after 32% gain in Samvat 2080, highest after 2011

Consequent to high gold prices, the domestic jewellery industry also faced many challenges during the recently concluded Samvat

More glitter in Gold after 32% gain in Samvat 2080, highest after 2011
Updated On : 31 Oct 2024 | 10:10 PM IST

Gold rate today: Yellow metal in 'overbought' zone, eyes $2800 in near-term

Gold prices today: Spot gold hit a fresh record high of $2,773.53 on October 29, 2024. Buying the dips is the preferred strategy

Gold rate today: Yellow metal in 'overbought' zone, eyes $2800 in near-term
Updated On : 30 Oct 2024 | 10:32 AM IST

Gold rate today: US election, Brics, Mid East war may take gold to Rs 80200

Gold rate today: As gold prices are expected to be highly volatile, especially due to Brics headlines, buying the dips is the preferred strategy

Gold rate today: US election, Brics, Mid East war may take gold to Rs 80200
Updated On : 23 Oct 2024 | 9:06 AM IST

Gold may continue to trade with positive bias; Buying dips best strategy

Presently, gold is not affected by the traditional drivers. Traders are focusing rather on uncertainties over the US Presidential election outcome and possibility of resurgence of inflation in

Gold may continue to trade with positive bias; Buying dips best strategy
Updated On : 18 Oct 2024 | 12:07 PM IST

Swiss gold exports to India fall to lowest level since Jun on lower supply

This year's 30 per cent gold price rally, which took spot prices to a record high of $2,696.59 per troy ounce on Thursday, has been affecting physical demand in price-sensitive Asian markets

Swiss gold exports to India fall to lowest level since Jun on lower supply
Updated On : 17 Oct 2024 | 11:22 PM IST

Gold price today: Trading strategy for yellow metal ahead of China stimulus

If China's stimulus details prove to be convincing to investor community, it is highly likely that gold prices may come under increased downside pressure

Gold price today: Trading strategy for yellow metal ahead of China stimulus
Updated On : 16 Oct 2024 | 9:22 AM IST

Gold dips Rs 10, trading at Rs 77,610; silver falls Rs 100 to Rs 96,900

In Delhi, the price of ten grams of 22-carat gold stood at Rs 71,290 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 71,140

Gold dips Rs 10, trading at Rs 77,610; silver falls Rs 100 to Rs 96,900
Updated On : 15 Oct 2024 | 7:58 AM IST

Gold dips Rs 10 at Rs 77,660; silver falls Rs 100, trading at 96,900/kg

The price of 22-carat gold also witnessed a fall of Rs 10, with ten grams of the yellow metal selling at Rs 71,190

Gold dips Rs 10 at Rs 77,660; silver falls Rs 100, trading at 96,900/kg
Updated On : 14 Oct 2024 | 7:44 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 recovers slightly after 6 sessions ahead of key US inflation data

Spot gold was up 0.3 per cent at $2,615.19 per ounce, as of 0833 GMT. US gold futures edged 0.2 per cent higher to $2,632.30

Gold recovers slightly after 6 sessions ahead of key US inflation data
Updated On : 10 Oct 2024 | 11:41 PM IST

'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong

'Buyers opting for lighter, more affordable pieces amid rising gold prices'
Updated On : 09 Oct 2024 | 4:31 PM IST