GOLD TALKS

Yellow metal nurses wounds; silver hovers around Rs 57,000

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....

Yellow metal flat;silver trades below Rs 60,000

"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..

Yellow metal falls after Powell testimony; silver below Rs 60,250 level

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.

Yellow Metal headed for a big weekly low; silver in the red

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 ..

Yellow metal drops sharply; silver nears Rs 61,000

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..

Yellow metal rises marginally; silver reclaims Rs 62,000

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..

Yellow metal trades flat; silver tops Rs 62,000

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..

Yellow metal trades flat, silver drops marginally

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..

Yellow metal trades weak; crucial support placed at Rs 50,000

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.

Gold declines Rs 338/10 gm, silver crashes Rs 973/kg

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 ..

Collapse Is Happening Before Our Eyes

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.

Gold rate today: Yellow metal heads for monthly losses despite gains

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 ...

Yellow metal gains marginally; silver holds Rs 67,000 mark

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....

Gold rate today: Yellow metal falls below Rs 53,000; silver also declines

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. ...

Gold rate today: Yellow metal tops Rs 53,000, silver edges lower

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. ...

Russia-Ukraine war, spike in oil prices to push yellow metal higher

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 ...

Gold rate today: Yellow metal slides 1% but holds Rs 51,000; silver sheds Rs 1,100

NEW DELHI: Gold prices dropped sharply on Friday on profittaking although remained at mul-month highs amid global geopolical worries. The bullion investors reassessed ...

Gold ETFs see Rs 451 crore outflow in Jan due to profit-booking

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.

Imports made up 86% of India's gold supply from 2016-2020, says WGC

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, .....

Gold rate today: Yellow metal rises by Rs 200; silver steady

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. .....

Gold prices today: Yellow metal up by Rs 200, silver near Rs 63,900

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 .....

Indian Gold Rates Fell By Rs. 370, On Nov 18, Mirroring International Trend

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 ....

Gold is set to rally the coming months, two experts say. The key level they're watching

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 ....

Indian spot gold rate and silver price on Friday, Nov 05, 2021

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, 2021

Gold Weekly Price Forecast –

Gold Markets Pull Back From Major Downtrend Line

Gold markets have rallied significantly during the course of the week but have also given back quite a bit of the gains.

Will stagflation lead to a turnaround in gold price this year?

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.

Novel Sovereign Gold Bonds vs Digital Gold: Which way to go ahead?

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 .....

The Cryptomarket’s Extreme Volatility May Find Solution In Gold

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 .....

Goldsikka- A Secure way to buy and sell Gold

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. .....

Does It Still Pay to Invest in Gold?

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 .....

Bitcoin or Gold- What is the best choice for you?

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 ...

Is the Digital Gold a new trend amongst the youth?

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 ...

NBFCS SEEK EXTENSION OF MSME RESTRUCTURING SCHEME TILL MARCH 2022

Non-banking finance companies (NBFCs) have requested the Reserve Bank to extend the one-time restructuring scheme of MSME advances until March 31, 2022...

Overview of Indian
Gold Market

India's gold market is currently unorganized, fragmented and suffers from various inefficiencies. Policy formulation has not addressed the issues facing the industry

Gold
Mining

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 ...

India's gold imports
increase by 23%-

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, ...

Mobikwik Plans IPO before
September 2021

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....

BlackOpal group gets RBI’s nod to start NBFC

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.

TikTok owner Byte Dance launches Douyin Pay, its mobile payment service for China

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...

Present status of Gold Price
in India

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.

Digital gold,
The new gold standard

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,..

The Working and Running of Gold Market in India

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 ...

Federal Reserve Chair Jerome Powell’s stance that impacted the price of gold

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.

Gold, silver still have ‘a lot of potential’ for upside after a record year

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...

Significance of Gold in
Indian Culture

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, ...

How Does a Country’s Gold Reserve Affect its Economy?

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 ...

Gold and the Economy
By KIMBERLY AMADEO

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.

Gold Standard
By Michael D. Bordo

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.

Retail investors see gold prices pushing through $2,300 an ounce in 2021

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 ...

Gold miners' production all set to rebound in 2021

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 ...

Herd Insolvency or Herd Immunity What Will Affect Gold 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 ...

Gold will soar 22%
next year

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 ...

Now Is the Time to Protect Yourself Interview with Rafi Farber

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, ...

The Scandalous Tale of an Investment bank - Deutsche Bank

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 ...

Gold Price in Relation with us Election Outcomes?

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 ...

Gold Bull Still in Infancy: Four Forces Supporting Gold

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, ...

How is the 2021 gold market different from 2013?

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 ....