Page 2 - Gold
Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy
Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.
 "Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy")
Gold outlook: Buy on dips, temper return expectations after strong runup
Improvement in US GDP figures, easing of tensions in the Middle East, and stable or rising interest rates in the US are other factors that could hurt gold prices
 "Gold outlook: Buy on dips, temper return expectations after strong runup")
Gold falls Rs 10 to Rs 77,340; silver down Rs 100, trading at Rs 90,900
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,340
 "Gold falls Rs 10 to Rs 77,340; silver down Rs 100, trading at Rs 90,900")
Gold price climbs Rs 10 to Rs 78,120, silver jumps Rs 100 to Rs 91,600
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 71,610
 "Gold price climbs Rs 10 to Rs 78,120, silver jumps Rs 100 to Rs 91,600")
Gold prices up by Rs 700 to Rs 79, 400 per 10 gm; silver mounts Rs 1,300
Gold prices rose by Rs 700 to Rs 79,400 per 10 grams in the national capital on Friday due to fresh buying by local jewellers and a firm overseas trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 78,700 per 10 grams on Thursday. Silver also climbed Rs 1,300 to Rs 92,200 per kg. On Thursday, the white metal prices crashed by Rs 4,900 to Rs 90,900 per kg. Price of gold of 99.5 per cent purity advanced Rs 700 to hit Rs 79,000-mark against the previous close of Rs 78,300 per 10 grams on Thursday. Traders said sentiment turned bullish due to positive trend overseas and rise in domestic demand, which mainly pushed gold prices higher. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 602 or 0.79 per cent to trade at Rs 76,326 per 10 grams. "Gold traded positively in MCX, supported by safe-haven demand amid ongoing geopolitical concerns," Jateen Trivedi, VP Researc
 "Gold prices up by Rs 700 to Rs 79, 400 per 10 gm; silver mounts Rs 1,300")
Gold price dips Rs 10 to Rs 77,340, silver falls Rs 100 to Rs 89,400
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 70,920
 "Gold price dips Rs 10 to Rs 77,340, silver falls Rs 100 to Rs 89,400")
Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025
Thus far in calendar year 2024 (CY24), Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical concerns rose
 "Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025")
Gold prices rebound as dollar weakens ahead of key US inflation data
Gold registered its deepest one-day decline in more than five months on Monday, and hit its lowest since Nov. 18 in the previous session, as safe-haven demand for the metal softened
 "Gold prices rebound as dollar weakens ahead of key US inflation data")
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 falls Rs 10, silver declines Rs 100; yellow metal trading at 77,230
The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 70,790
Gold prices rebound to Rs 80k-level despite Trump's aggressive trade policy
Gold prices have breached Rs 80,000 per 10 grams levels in major Indian cities, recovering from the impact of Donald Trump's expected high tariff trade policy and a firm US dollar, analysts said. A flare-up in geopolitical tensions due to the Russia-Ukraine war is bolstering the precious metal, which crossed the USD 2,700 an ounce level in global markets, they added. The uncertainty surrounding the US economy and volatile stock markets are also driving inflows into the safe-haven, however, the US Federal Reserve's (Fed) cautious attitude towards policy interest rate and strong US dollar are acting as headwinds for the bullion, analysts stated. On the Multi Commodity Exchange (MCX), gold prices tanked Rs 6,775, or 8.5 per cent, to hit Rs 73,000 per 10 grams after Donald Trump's victory raised expectations of a restricted trade policy by the US. "Gold prices had fallen 8 per cent after the US election results. "The strengthening US dollar index which rose from USD 101 to 107.5 press
Gold price climbs Rs 10 to Rs 78,830, silver falls Rs 100 to Rs 91,900
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 72,260
Gold prices surge Rs 1,100 to Rs 80,400 per 10 g; silver climbs Rs 300
Gold prices surged Rs 1,100 to hit a two-week high of Rs 80,400 per 10 grams in the national capital on Friday due to persistent buying by jewellers and retailers during the ongoing wedding season, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity finished at Rs 79,300 per 10 grams. Silver also climbed Rs 300 to Rs 93,300 per kg. It had closed at Rs 93,000 per kg in the previous session. Price of gold of 99.5 per cent purity soared Rs 1,100, extending the gains for the second consecutive day to Rs 80,000 per 10 grams. The yellow metal had finished at Rs 78,900 per 10 grams on Thursday. Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery climbed Rs 906, or 1.18 per cent, to trade at Rs 77,599 per 10 grams. "Rising global unease pushed gold higher on Comex, and by Rs 900 on MCX, reaching Rs 77,600. This sharp recovery highlights gold's resilience and its role in balancing portfol
Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn
Spot gold, at the time of writing this report, was trading nearly 0.77 per cent higher at $2,670, as it extended its rally to the fourth straight day
 "Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn")
Gold rises Rs 10, silver falls Rs 100; yellow metal trading at Rs 77,960
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 71,460
Gold jumps Rs 1,400 to Rs 79,300 per 10 gm; silver remains flat at Rs 93K
The precious metal of 99.9 per cent purity had closed at Rs 77,900 per 10 grams in the previous session. However, silver traded flat at Rs 93,000 per kg on Thursday
Gold jumps Rs 1,400 to Rs 79,300 per 10 gm; silver flat: Industry body
The precious metal of 99.9 per cent purity had closed at Rs 77,900 per 10 grams in the previous session. However, silver traded flat at Rs 93,000 per kg on Thursday
 "Gold jumps Rs 1,400 to Rs 79,300 per 10 gm; silver flat: Industry body")
Gold nears two-month low, headed for worst week in over three years
Spot gold was little changed at $2,568.37 per ounce as of 1215 GMT. Prices have fallen more than 4% so far this week
Gold premiums reach 4-month peak as price drop attracts customers
Despite gold trading significantly below its record high, a shift toward precious metals in China has not been noticed yet, said Hugo Pascal, a precious metals trader at InProved
 "Gold premiums reach 4-month peak as price drop attracts customers")
Senco gold shines with Rs 1,000 cr festive sales despite record high prices
Senco Gold dazzles with over Rs 1,000 crore in October sales, defying record-high gold prices with strong rural demand and festive cheer
 "Senco gold shines with Rs 1,000 cr festive sales despite record high prices")
