Mon, Jan 06, 2025
Gold futures edged lower amid mixed global cues, with February contracts trading at Rs 77,038 per ten grams. Investors are advised to keep a close watch on US economic data and the Fed's decisions for cues on future price movements.
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Fri, Jan 03, 2025
Gold futures rose on January 3, driven by weak global manufacturing data and robust fund flows, signalling strong investor demand despite the US dollar surging to a 52-week high.
Thu, Jan 02, 2025
Gold prices climbed Rs 330 to Rs 79,720 per 10 grams in the national capital on Thursday due to persistent buying by jewellers and retailers, according to the All India Sarafa Association.
Thu, Mar 18, 2021
CapitalVia Global Research highlights the Weekly Technical View on Individual Commodities like Gold and Silver. Detailed analysis will help traders and investors to understand the levels of both these commodities. Gold Spot trading above $1745 levels, After the Fed’s decisions and commentary the U.S. Treasury yields fell sharply, dragging down the U.S. Dollar, this effect is driving up demand for dollar-denominated gold.
SBI Gold Loan: If you are looking for a quick gold loan with zero processing fee, here is your option. The State Bank of India (SBI) is offering SBI Gold Loan at attractive interest rates and no processing fee as per the information put by the state lender on its official Twitter handle
Gold Price Today 18-03-2021: Gold price today has rose Rs 27 per 10 gm at the Multi Commodity Exchange (MCX) and hit Rs 44,840 levels.
Wed, Mar 17, 2021
LBMA Gold Spot trading above $ 1730levels, The U.S. Federal Open Market Committee’s two-day meeting ends on Wednesday. The central bank is expected to reiterate its pledge to keep interest rates pinned near zero until the economy reaches full employment. Downside support is $ 1675- $ 1700 levels, Resistance is at $ 1741 - $ 1760 levels.
ICICI Prudential AMC said that since Budget 2021 was announced, gold price has been under the spotlight following the reduction on its import duty from 12.5% to 7.5% and the decision to set up and regulate the gold spot exchange, all of which bodes well for the bullion industry. A gold spot exchange will enable extensive availability of spot prices, leading to transparency and a benchmark price. This is a positive for gold-linked investment products like ETFs (Exchange-Traded Fund).
Gold, Rupee Rate Today: Gold prices opened flat on Tuesday and prices consolidated for most of the session in the range of Rs 44800 -Rs 45000 levels. Overall, prices remained supported in the last few sessions as U.S. Treasury yields eased, while investors awaited a U.S. Federal Reserve meeting which is likely to tackle concerns over rising inflation. Therefore, ICICI Securities expect Gold prices to recover further towards Rs 45400 level in the short term.
Gold Price Today 17-03-2021: For those who are planning to buy gold coins, jewellery or any other precious metals, there is a piece of good news for them.
Tue, Mar 16, 2021
Gold Price Today 16-03-2021: Gold remained firm on Tuesday, refusing to slide down appreciably. While Gold Futures were trading almost flat from the Monday closing price at 5:30 pm on MCX, Silver futures were down by Rs 323 or 0.5 per cent around this time. Expert Anuj Gupta, says the outlook is positive for gold and silver in near term. This is what he suggested for investments in Gold and Silver
CapitalVia Global Research says that LBMA Gold Spot trading above $ 1730 levels, due to decline in U.S. treasury yields might be signaling that market participants are heeding to the Federal Reserve’s current monetary policy. This policy includes keeping interest rates between zero and 25 basis points likely into 2022. Downside support is $1675- $1700 levels, Resistance is at $1740 - $1760 levels.
Gold Price Today 16-03-2021: The precious yellow metal rate rose Rs 160 per 10 gm at MCX (Multi Commodity Exchange) today morning and hit Rs 44,910.
Mon, Mar 15, 2021
Gold Price Today 12-03-2021: Gold and Silver started on a positive note on Monday after ending the previous week in the red. The Gold Futures were trading higher by Rs 81 or almost 0.2 per cent on MCX at 12:15 pm. Meanwhile, Silver futures were also expensive by Rs 120 or 0.2 per cent around this time. Expert Anuj Gupta, says the outlook is positive for gold and silver. This is what he suggests
In the International Market, Gold is already down from its last peak of almost $ 2000 to $ 1700 today, says Amit Jain is the Chief Strategist - Global Asset Class, Ashika Group. It is a correction of almost 17% from its peak of Aug 2020. Even in Indian market it is down from almost Rs 55000 to Rs 44000, which is a downfall of almost 20%.
CapitalVia Global Research highlights the Weekly Technical View on Individual Commodities like Gold and Silver. Detailed analysis will help traders and investors to understand the levels on both these commodities.
Gold Price Today 15-03-2021: The precious yellow metal rate at MCX (Multi Commodity Exchange) has slipped Rs 94 and hit Rs 44,785 per 10 gm today.
Fri, Mar 12, 2021
Gold Price Today 12-03-2021: Weakness in Gold continued Friday with price correction in spot price and Gold Futures. While the April Gold Futures were trading down by over 1 per cent on MCX at 4 pm today from the previous closing price on Wednesday, the spot price if Gold was also down by Rs 300 from the last reporting price, Anuj Gupta of Angel Broking says
Gold price is hovering around Rs 45,000 per 10 gm mark. Should you buy Gold now? In a chat with Zee Business Managing Editor Anil Singhvi, Market Expert Ajay Bagga reveals his gold price outlook and tells whether it is the right time to buy
Gold, Silver Prices Today: CapitalVia Investment Adviser says that LBMA Gold Spot trading is above $1715 levels, Short-term momentum is positive as the fast stochastic generated a crossover buy signal. The fast stochastic has moved out of oversold territory, which also reflects positive momentum. Gold downside support is $1675 - $1708 levels, Resistance is at $1740 - $1760 levels.
Gold prices started yesterday’s trade on a positive note opening higher with a gap and corrected gradually during most of the session till a low of Rs 44774. Overall, prices have been recovering gradually in the last few sessions as easing US Treasury yields and the dollar are lifting the metal's appeal. Therefore, ICICI Securities expect gold prices to recover further towards Rs 45150 level in the short-term.
Gold Price Today 12-03-2021: Gold Price MCX (Multi Commodity Exchange) has been losing its shine from September 2020 and in the last week it hit below Rs 44,000 per 10 gm.
Thu, Mar 11, 2021
Kalyan Jewellers IPO: Jewellery brand Kalyan Jewellers is bringing its Initial Public Offering (IPO) this month. This public issue opens on 16 March and will remain open till 18 March. The company is expected to raise Rs 1175 cr through this IPO
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