BUSINESS
Gold gains on safe-haven demand, experts say price may touch Rs 51,000
From a short-term perspective, one should buy gold at around Rs 45,400, with a stoploss at Rs 45,000 and target Rs 46,000 in a day or two, Sunilkumar Katke of Axis Securities says.
BUSINESS
Gold rises by Rs 307 to Rs 45,864, silver up Rs 1,150
A clear short-term direction in gold may be seen only on a break of either $1,696 or $1,738, Ravindra Rao of Kotak Securities has said.
BUSINESS
Gold, silver slip on stronger dollar, spot gold below $1,700
The gold/silver ratio currently stands at 112.20 to 1, which means the amount of silver required to buy one ounce of gold.
BUSINESS
Crude oil futures gain nearly 11%, Brent crude inching closer to $30/barrel
In the futures market, crude oil for May delivery touched an intraday high of Rs 1,741 and an intraday low of Rs 1,600 per barrel on the MCX
BUSINESS
Gold gains Rs 180 to Rs 45,913/10 gm, silver slips
The broader trend on Comex could be $1,685-1,725 and on domestic front prices could hover in the range of Rs 45,270-46,000, said Damani.
BUSINESS
Gold falls for fourth straight day but gains nearly 6% in April
Gold edged lower on improved risk appetite after positive trial results of an experimental COVID-19 treatment and a jump in oil prices, says Navneet Damani of Motilal Oswal.
BUSINESS
Gold price slips below Rs 46,000 per 10 gram, silver up
The broader trend on Comex could be $1,695-1,735 and on the domestic front, prices could hover in the Rs 45,800- 46,465 range, says Navneet Damani of Motilal Oswal.
BUSINESS
Gold slips Rs 141 to Rs 46,195, silver too declines on stronger rupee
Gold prices also declined on expectations of easing of lockdown restrictions in some Asian countries.
BUSINESS
Gold price slips Rs 271 to Rs 46,336, silver up slightly
The record-buying from gold ETFs and central banks may support positive trade in gold for medium-term, says Tapan Patel of HDFC Securities.
BUSINESS
Gold price likely to touch Rs 50,000-52,000 in next 3-4 months
Katke said gold can be accumulated around Rs 45000 mark targeting Rs 50,000-52,000 in next 3 to 4 months time.
BUSINESS
Akshay Tritiya 2020: Jewellers giving discounts to lure customers on digital purchase - here are some offers
Experts see gold prices touching Rs 53,000-55000 per 10 gram by next Akshay Tritiya.
BUSINESS
Gold prices hover near lifetime high ahead of Akshay Tritiya
The gold/silver ratio currently stands at 110.88 to 1, which means the amount of silver required to buy one ounce of gold.
BUSINESS
Gold prices gain Rs 451 on fiscal stimulus hopes, silver up Rs 900
Market participants will keep an eye on the PMI numbers expected from major economies in order to gauge the impact of COVID-19.
BUSINESS
Gold price tops Rs 46,000 per 10 gram, silver slips
The rate of 10 gram 18, 22 and 24-carat gold in Mumbai was Rs 34,564, Rs 42,214 and Rs 46,085 plus 3 percent GST, respectively
BUSINESS
Gold price slips Rs 200 to Rs 45,593, silver dips Rs 580
One can initiate a short position in June contract around Rs 45,700 or a rise in the price till Rs 45,900 should be used as a selling opportunity for the downside target of Rs 44,500 with a stop loss of Rs 46,300, says Sumeet Bagadia of Choice Broking.
BUSINESS
Gold steady at Rs 45,793 per 10 gram, silver up marginally
The gold/silver ratio currently stands at 108.30 to 1, which means the amount of silver required to buy one ounce of gold.
BUSINESS
Coronavirus lockdown | No scarcity of food, agri supply improved considerably: AgriBazaar
Agarwal said the lockdown is unprecedented and many things on the ground got stopped. With agri-buying and moving of inter-state trucks being allowed during the lockdown, I don’t see any scarcity of food for the general public.
BUSINESS
Gold slips Rs 1,215 to Rs 45,713, silver also slides
Gold retreated on marginal fall in US jobless claims and hopes of easing of virus-led restrictions, Navneet Damani of Motilal Oswal said.
BUSINESS
Gold inches closer to Rs 47,000 but silver slips
The gold/silver ratio currently stands at 107.75 to 1.
BUSINESS
Gold's dream run continues, hits fresh high of Rs 46,536; silver also gains
The broader trend on Comex could be $1,695-1,730 and on domestic front prices could hover in the range of Rs 45,800-46,500, says Navneet Damani of Motilal Oswal.
BUSINESS
Gold prices likely to touch Rs 50,000-55,000 by end of 2020
The precious metal known to be anti-inflationary retains its purchasing power parity during a global economic crisis. Gold has good liquidity right now and from the safety perspective seems to be the only option in front of people.
BUSINESS
Gold hits record high of Rs 46,000/10 gm
The broader trend on Comex could be $1,675-1,705 and on domestic front prices could hover in the range of Rs 45,900-46,600, Damani said
BUSINESS
Gold closes at record high of Rs 45,201/10 gm, likely to touch Rs 50,000 by Diwali
The spot gold/silver ratio currently stands at 106.80 to 1, which means the amount of silver required to buy one ounce of gold.
BUSINESS
Gold price today | Yellow metal closes at record high of Rs 44,890/10 gm, crosses Rs 45K intra-day
Damani expects domestic gold prices to hover in the Rs 44,400-45,400 range
