Page 12 - Precious Metals

Gold prices rise on softer dollar, yields; US inflation data in focus

All eyes are on US consumer price data for January due on Thursday that could provide more clarity on the Federal Reserve's rate hike trajectory

Gold caught in range as inflation risks keep investors on edge

Spot gold XAU= was up 0.1% at $1,827.20 per ounce as of 0957 GMT, trading in a narrow $5 range. U.S. gold futures GCv1 were steady at $1,828.40

Gold near 2-week high as inflation risks buoy appeal

Spot gold XAU= was up 0.1% at $1,826.76 per ounce, as of 0725 GMT, holding near previous session's high of $1,828.68, the strongest level since Jan. 26

Gold advances to near 2-week peak as inflation risks lift demand

Spot gold rose 0.4% to $1,827.86 per ounce by 13:49 EST (1849 GMT), after hitting its highest since Jan. 26 at $1,828.12 earlier in the session.

Gold firms near 1-week high as political risks buoy demand

Gold prices firmed on Tuesday as Russia-Ukraine concerns kept the safe-haven metal supported near the previous session's over one-week high

Gold prices steady near 1-week high as inflation risks lift demand

Gold is considered a hedge against inflation and geopolitical risks, yet rate hikes would raise the opportunity cost of holding non-yielding bullion

Gold ETFs attract Rs 4,814-cr in 2021 on inflation, higher mkt valuations

The global recovery and improved investor sentiment resulted in gold ETF flows sobering down in 2021 compared to the pandemic year.

Gold prices firm as dollar slides in run-up to US jobs data

Spot gold edged up 0.1% to $1,806.83 per ounce by 0526 GMT. U.S. gold futures gained 0.2% to $1,807.80

Gold prices flat as dollar gains ground with central banks in focus

Gold is considered a hedge against inflation, but it could see demand take a hit from higher rates as a non-interest-paying asset.

Gold steady as improved risk appetite counters weaker dollar, yields

Although gold is considered a hedge against inflation, rate hikes would raise the opportunity cost of holding non-yielding bullion.

Gold muted as traders look past Fed to focus on economic data

Spot gold was little changed at $1,797.64 per ounce by 0440 GMT. U.S. gold futures were up 0.1% at $1,797.60.

Gold trading at Rs 48,990 per 10 gm today; silver at Rs 61,300/kg

The price of gold varies across the country due to excise duty, state taxes, and making charges

India's gold demand to keep rising after big jump in 2021: WGC

Indian demand has averaged 769.7 tonnes over the last 10 years

Gold prices muted ahead of Fed meeting for rate hikes cues

Spot gold was flat at $1,836.21 per ounce by 0403 GMT. U.S. gold futures were up 0.3% to $1,836.80

Budget: Jewellery council seeks import duty cut on precious metals

The Budget for FY23 will be tabled in the Parliament on February 1

Gold bond issue price fixed at Rs 4,786/gm; subscription opens Monday

The bonds will be sold through banks Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges -- NSE and BSE

India spends record $55.7 billion on gold imports in 2021: Report

The 2021 gold import bill easily doubled the $22 billion spent in 2020, and surpassed the previous high, set in 2011, of $53.9 billion, according to an official

Gold prices slip from six-week high on equities strength

Gold prices ended 2021 down 3.6% for the biggest annual decline since 2015, with economies starting to recover from the coronavirus crisis

Gold steadies near 6-week high as firmer yields offset Omicron woes

Benchmark 10-year U.S. Treasuries ended 2021 with the largest yield increase since 2013

Easing demand for safe-haven assets tips gold towards first fall in 3 years

Gold prices have declined more than 4% so far this year after rising 48% over the previous two years, as the global economic recovery reduced demand for the safe-haven metal