According to Fed meeting minutes, most oﬃcials backed raising rates at their next meeting in July by either 50 or 75 basis points to cool down inﬂation, said ICICI Direct in its note....Read More.
"We expect gold prices to trade sideways to down for the day with COMEX Spot gold support at $1,810 and resistance at $1,830 per ounce. MCX Gold August futures support lies at Rs 50,500..Read More.
Gold futures for August delivery fell 0.22 per cent to Rs 50,791 per 10 grams. Silver futures for July delivery declined 0.67 per cent to Rs 60,243 per KG in early trade.Read More.
Gold prices dropped on Friday, thanks to the firm US dollar and higher treasury yields, which weighed on the demand for the safe-haven metal.The yellow metal is headed for the ..Read More.
Gold prices were trading lower on Friday ahead of the much-awaited US inﬂation numbers due later in the day, which could guide the future direction of Federal Reserve's monetary..Read More.
Gold prices inched up marginally to a month's high on Friday, thanks to a muted US dollar that has added to the sheen of the yellow metal. Bullion was on track for the third straight weekly..Read More.
NEW DELHI: Gold prices were little changed on Friday, but the metal was on track for a second weekly gain following a retreat in the US dollar from 20-year highs..Read More.
NEW DELHI: Gold prices traded flat on Friday, set for a gain on a weekly basis after more than a month. The US dollar receded from the two-decade high and mounting..Read More.
The dollar steadied near a fresh 20-year high scaled on Thursday on concerns of aggressive US Federal Reserve's actions to tame inflationary pressures, said a Reuters report.Read More.
Prices of gold and silver in the key spot markets of the country opened sharply lower on Friday, May 6, 2022.The opening price for 999 purity gold was Rs 51,449 per 10 grams, down Rs 338 ..Read More.
Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book, Currency Wars (2011), and in several other books in the years since.
NEW DELHI: Gold prices rose on Friday as economic data from the US increased the appeal of the yellow metal. However, gains were
capped by a firm dollar.
The American economy unexpectedly ...
Gold prices bucked the weak global trend to rise marginally in early trade on Friday but the upside remained capped amid firm US Treasury yields and a stronger dollar....Read More.
Gold prices dropped on Tuesday, nearing their weekly lows as the US Treasury yields spike ahead of an expected rate hike from Federal Reserve on Wednesday. ...Read More.
NEW DELHI: Gold prices were trading lower on Friday but were set for second weekly gain as talks between Russia and Ukraine made lile apparent progress. ...Read More.
Gold prices went flat on March 3 in the internaonal markets as risk appete improved aer the US Federal Reserve chairman tried to assuage fears about aggressive interest ...Read More.
NEW DELHI: Gold prices dropped sharply on Friday on profittaking although remained at mul-month highs amid global geopolical worries. The bullion investors reassessed ...Read More.
CHENNAI: Gold exchange-traded funds (ETFs) saw the highest-ever repurchase or redempon of Rs 671 crore in January 2022, leading to an oulow of Rs 451 crore.
According to a World Gold Council report, bullion banking is one of the key pillars to address mulple challenges faced by India's gold market, such as a lack of quality assurance, .....Read More.
NEW DELHI: Gold prices were trading higher on Friday, but were set for a third weekly fall, weighed down by hawkish signals from the Federal Reserve officials. .....Read More.
NEW DELHI: Risk of another wave of Covid pandemic, thanks to a mutaon detected in South Africa, increased the appeal of bullion counters on Friday as investors took a flight from risky .....Read More.
Indian Gold prices have fallen by Rs. 370/10 grams today, on November 18. Today in India, 22 carat gold rates are quoted at Rs. 48,100/10 grams and 24 carat gold rates are ....Read More.
Gold’s hot streak is sll in its early innings, say the managers behind two of the largest ETFs on the market backed by the precious metal. Bullion wrapped up its best ....Read More.
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Nov 05, 2021Read More.
Gold markets have rallied significantly during the course of the week but have also given back quite a bit of the gains.Read More.
Gold’s traditional role as a hedge against inflation has faltered all year, but growing risks that the global recovery could stall as price pressures rise may signal a turnaround for the precious metal.Read More.
Following the Covid-19 crisis, investors have reoriented their attention to a wide range of asset types. According to experts in the field, they include non-physical precious .....Read More.
To reduce the severe volatility of the cryptocurrency industry, huge amounts of money are being devoted to futuristic goods and systems. Although all the stakeholders in .....Read More.
There’s no denying the fact that the popularity of gold as an investment has reached great heights and been that way since many ages. It keeps growing with each passing month. .....Read More.
Some argue that gold is a barbaric relic that no longer holds the monetary qualities of the past. In a modern economic environment, paper currency is the money of choice. They contend that gold's only benefit is the fact .....Read More.
Be it hedge against flat market inflation or diversification of portfolio, Gold is a traditional asset that stood the test of time. It has been a go-to investment for many years, but ...Read More.
Gold has been seen as a most-sought after investment in India for ages. The reason behind it is Simple. Gold is always safer and reliable. It is seen as a pride and more ...Read More.
Non-banking finance companies (NBFCs) have requested the Reserve Bank to extend the one-time restructuring scheme of MSME advances until March 31, 2022...Read More.
India's gold market is currently unorganized, fragmented and suffers from various inefficiencies. Policy formulation has not addressed the issues facing the industryRead More.
Gold Mining is relevant and important in global economy for many reasons. Gold explorers have been conducting geological surveys that target concentration levels that are usually ...Read More.
According to the Commerce Ministry, due to the increasing domestic demand for gold, the country's gold imports have increased by 22.58% (about 2.54 lakh crore) in the FY- 21, ...Read More.
Many Mutual Fund managers have anticipated that in the near future, due to depreciating rupee, low savings scheme and fear of covid – 19 the prices of Gold will increase drastically. Due to this Gold Funds, ...Read More.
IPO means Initial Public Offering. It is a process by which a privately held company becomes a publicly traded company by offering its shares to the public for the first time....Read More.
BlackOpal is an Asset Management company, announced that it received a license from the Federal Reserve System Bank of India to start out NBFC operations.Read More.
TikTok owner Byte Dance launches Douyin Pay which is a mobile payment service for China on Tuesday, it is a third-party payment service for the Chinese version of...Read More.
In India, there is a sentimental value associated with gold. The yellow metal symbolizes prosperity and wealth. Gold jewellery is so dear to Indian women that they can’t enough of it.Read More.
The gold can be bought online and the seller stores the gold in an insured vault on the behalf of the customer. The gold can be bought through various mobile e-wallets such as Google Pay,..Read More.
Gold is known to be used and traded in many different forms such as jewellery bullion and ETF's. Gold bullion are the purest form of gold that is generally sold in large quantities and ...Read More.
After Jerome Powell’s speech that dismissed rising inflation pressure and bond yields. The gold market saw a negative trend post Jerome Powell’s speech and a sharp fall in the gold price was seen.Read More.
Gold and silver’s rallies could continue into the new year. The two precious metals closed out their best years since 2010 on Thursday following a year of unprecedented volatility brought on by...Read More.
Gold has a deep rooted significance in Indian history, alluring people from different parts of the world with its beauty and charm. Its golden glow was visible across seas and borders, ...Read More.
Last month I watched one of James Bond’s movies called ‘Golden Finger’, which was produced in 1964. The story was about a villain who wanted to contaminate the US gold reserve in ...Read More.
Gold has had a significant impact on the U.S. economy, from the gold standard to the price of gold. Its value depends on its relative safety compared to other investments.Read More.
The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold.Read More.
Although the gold market is struggling to interrupt above $1,900 an oz on the last trading day of 2020, the rally within the value isn't over yet as sentiment among retail investors remains ...Read More.
Overall the highest 20 gold miners are projected to lose ~5% of their total 2020 gold output primarily due to the pandemic and related suspensions. In 2021 gold production is ...Read More.
It means that the immediate economic outlook is going to be dark. The short-term economic slowdown is sweet information for the gold market. But there's also bad news for Gold, and ...Read More.
Gold prices will break out of a ght trading range in 2021 as infla on worries stoke demand, Goldman Sachs analysts said in a note. The bank holds a $2,300-per-ounce price target for ...Read More.
The Modern Monetary Theory believers are not the first ones to believe that money grows on trees. Most of the 5-year olds believe it, too.The combined stupidity and arrogance of the elite, ...Read More.
A bank which started as a specialist bank for financing foreign trade and exporting German exports in 1870 had grown up into a multinational investment bank and ...Read More.
With US elections on the other side of the week most of the investors and capitalists are on the cliff for the early predictions of the us elections. Most curious are the investors who ...Read More.
Although the news of several effective vaccines is very encouraging, it'll take a while to supply, distribute and administer to billions of individuals .We are at the best months, ...Read More.
Gold's dismal performance in November had some investors seeing visions of 2013 when massive outflows in gold-backed exchange-traded products caused gold prices ....Read More.