A Quick View
On the global front, Gold futures suffered a second consecutive session of losses, as strength in the dollar and gains in Treasury yields sent prices for the metal lower for the week.
On the domestic front, standard gold (99.5 purity) commenced higher at Rs 31,080 per 10 grams, from last Friday's closing level of Rs 30,820 and later surged to a high of Rs 31,415 before
Over 1.5 million customers transacted 20 kg of gold items, mainly 24 carat gold coins, on its platform on the Akshaya Tritiya day this year, compared with 6.5 kg gold items on the same day last year
According to Angel Commodities, on Thursday , spot gold prices fell 0.3 percent to close at $ 1345.2 per ounce as expectations that the US - North Korea summit would be successful eased safe
Gold prices inched lower on Friday and were headed for the first weekly decline in three as expectations of higher US interest rates and easing political tensions on the Korean Peninsula and Syria
Gold prices edged down early on Friday as global political tensions eased, but expectations for rising inflation supported demand for the safe-have asset.
bathtub made of gold. And not just the bathtub, the toilet, bathroom sinks and even the kitchenware is also made of gold. Here's a sneak peek inside the Danang Golden Bay's rooms and the golden marvels
Gold prices were flat early Thursday while the dollar stayed firm helped by higher long-term US Treasury yields, though lingering US-China trade tensions kept the greenback's gains in check.
Consumers thronged jewellery showrooms to buy gold on Akshaya Tritiya today with the industry expecting a 10 percent rise in overall sales even as prices ruled high.Some jewellers like Kerala
Gold prices continued to move northward, rising by Rs 135 for 10 grams today to close at Rs 31,290 per 10 grams. The precious metal had been on the rise for the past two-three days ahead of the big
Watch Manisha Gupta share outlook on gold on the auspicious occasion of Akshaya Tritiya.
Geopolitical tension, weak US dollar, stock market volatility & concerns over rising government deficit augurs well for Gold, a safe haven for investors in times of uncertainty
Gold ETFs remain the most attractive option to invest in gold, as owning physical gold involves storage cost.
If you are buying stocks and bonds, it may be advisable to put a small percentage of your portfolio in gold for a long timeframe, said Sumit Bilgaiyan, Founder of Equity99
Tapan Patel of LKP Securities believes gold prices will continue to trade in upper range for FY19 considering USD 1,300/1,290 as strong support range
Overall demand for gold in India is on the rise and it provides a good opportunity for investments.
Gold is a better option as a short to medium-term investment, as long-term returns on the yellow metal are often as low as 10 percent per annum.
According to Angel Commodities, on Tuesday, spot gold prices rose 0.1 percent to close at $1346.9 per ounce as the U.S. dollar's recovery from three - week lows versus the euro added
Harit said he expected gold prices to remain in an uptrend in the near term, which will automatically help gold loan companies grow at an even faster pace.
Gold demand in India increased 9 percent last year to 727 tonnes and is expected to increase to around 800 tonnes this time around.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form
or medium without express writtern permission of moneycontrol.com is prohibited.