Is gold primed for a rally on expectations of central banks easing cycle in 2023?
Major European currencies ceded ground to dollar on Tuesday, EURUSD broke down 1.06 and GBPUSD 1.20 level. The start of European session saw major sell-off both in EUR and GBP:Positive December price data from Germany failed to offset selling pressure in Euro, despite significant pullback in the rate of consumer price growth – from 10% […]
How to Trade Gold in the New Year
From March to October 2022, the price of gold fell 22% lower. Since then, gold prices have recorded a 6-month high into the new year. According to the World Gold Council central banks bought more than 400 tonnes of gold in the third-quarter of 2022. Learn more about some of the factors influencing […]
Gold trading at Rs 55,750 per 10 grams, silver selling at Rs 72,000 per kg
The price of gold surged by Rs 170, from yesterday’s close, during Thursday’s early trade with ten grams of 24-carat gold trading at Rs 55,750, according to the GoodReturns website. On the other hand, silver prices remained unchanged from yesterday’s close with 1 kg of the precious metal selling at Rs […]
Gold prices rise to mid-June highs as markets look to US Fed minutes
By Seher Dareen (Reuters) – Gold prices extended gains on Wednesday to touch their highest levels since mid-June, helped by a pull-back in the dollar and yields as markets awaited the release of Federal Reserve minutes for guidance on upcoming interest rate hikes. Spot gold was up […]
Amidst the Tumult, Silver Ends Higher & Gold Remains Buoyant
War! Inflation! Rate hikes! Crashing cryptos! Sinking stock markets! A soaring U.S. dollar and hints of recession all highlighted a tumultuous 2022. Despite several headwinds and confusion over gold’s weakness in the face of high inflation, the price ended the year basically flat. And silver rose.Our quarterly report examines the performance of silver and gold […]
Gold trading at Rs 55,200 per 10 grams, silver selling at Rs 71,300 per kg
The price of gold remained unchanged during Monday’s early trade with ten grams of 24 carat gold trading at Rs 55,200, according to the GoodReturns website. The price of silver also remained unchanged with 1 kg of the precious metal trading at Rs 71,300. Ten grams of 22 carat […]
Gold, silver prices fall in early trading; yellow metal sells at Rs 54,600
Both gold and silver prices witnessed a fall in early trade on Friday. Gold price fell by Rs 110, with ten grams of the yellow metal (24-carat) trading at Rs 54,600. Silver prices, on the other hand, fell Rs 2,000 from yesterday’s close, and was selling at Rs 70,300 […]
Gold prices rise, yellow metal trading at Rs 54,710; silver unchanged
Gold price witnessed a hike of Rs 230 in early trade on Thursday with ten grams of the yellow metal (24-carat) trading at Rs 54,710. Silver prices, on the other hand, remained unchanged from yesterday’s close. The precious metal was selling at Rs 72,300 per kg. Ten gram […]
Gold prices remain unchanged at Rs 54,480, silver rises by Rs 1,200
Gold price remained unchanged in early trade on Wednesday with ten grams of the yellow metal (24-carat) trading at Rs 54,480. Silver prices, on the other hand, rose by Rs 1,200, and the precious metal was selling at Rs 72,300 per kg. Ten gram of 22-carat gold is […]
Gold prices rise, silver unchanged; yellow metal trading at Rs 54,480
Gold price rose by Rs 100 in early trade on Tuesday with ten grams of the yellow metal (24-carat) trading at Rs 54,480. Silver prices were unchanged and the precious metal is selling at Rs 71,100 per kg. Ten gram of 22-carat gold is selling at Rs 49,950, […]