BUSINESS
Gold Prices Today: Yellow metal trades lower ahead of Akshaya Tritya, high prices weigh on demand
The sentiment, however, remains upbeat. Concerns about a possible recession, failing banks and collapsing dollar could propel gold prices on MCX to a record high of Rs 65,000 , says Axis Securities's Pritam Patnaik
BUSINESS
Gold Prices Today: Yellow metal trades lower on firm dollar, rate-hike fears
Expectations of more interest rate hikes have pushed up the dollar and boosted yields on US treasury bills, which, in turn, weighed on precious metals such as gold
BUSINESS
Gold Prices Today: Bullion trades flat in Indian market; COMEX in red as traders await Fed action
Amid talks about the US Fed pausing its rate-hike cycle in May, recent economic data have suggested that the country's economy is still resilient and that the central bank may have more headroom to raise rates
BUSINESS
Gold Prices Today: Yellow metal a tad higher as focus turns to upcoming Fed meeting
Gold prices are above the psychologically important mark of $2,000 per ounce on COMEX and Rs 60,000 per 10 grams on the Multi Commodity Exchange of India. Experts believe prices are likely to consolidate above these levels for the time-being.
BUSINESS
Gold Prices Today: Yellow metal rises as traders assess Fed policy stance
In order for inflation to be conquered, economic pain will have to be weathered and that should support the bullish case for gold, says OANDA’s Ed Moya
BUSINESS
Oil marketing companies may skid deep into red amid fears of crude hitting $100 a barrel
Crude oil prices are at the breakeven price range of $85-$88 per barrel for India’s oil companies, which have less room to pass on the hike to end-consumers, according to analysts.
BUSINESS
HPCL in red as Morgan Stanley downgrades stock to 'underweight'
HPCL is trading below the 50- and 100-day moving averages, which signals a bearish trend in the stock. A rise in the price of crude will only add to the oil marketing company's worries
BUSINESS
Gold Prices Today: Slowing US inflation ease Fed rate-hike worries; yellow metal rises
Gold’s bullish outlook remains intact, but it seems prices may be stuck in a consolidation phase until there is a clearer outlook for the US economy, experts said
BUSINESS
Gold Prices Today: Yellow metal moves towards record highs as Fed's Kashkari warns of recession
Gold’s path to record territory could become very clear post US inflation report and if more signs of banking stress emerge, says OANDA’s Ed Moya.
BUSINESS
Gold Price Today: Fall in US bond yields makes bullion attractive for investors
Gold prices on COMEX are expected to remain volatile this week ahead of the US inflation data and could hold its support level of $1,984 per ounce, says Prithvi Finmart’s Manoj Jain.
BUSINESS
Gold Prices Today: Risk aversion, positive US jobs data weigh on sentiments; traders eye Fed minutes
Last week, positive US jobs data, coupled with a fall in unemployment rate in the country weighed on gold’s safe-haven appeal.
BUSINESS
ONGC, Oil India stand to gain from new gas price mechanism: Analysts
The formula for the new gas pricing mechanism will include a floor and ceiling at $4 and $6.5 respectively. The ceiling will be kept in force for the next two years.
BUSINESS
Gold Prices Today: Yellow metal falls ahead of US non-farm payroll data
Demand for gold has never been better since recession risks have not been this high in decades, while banking concerns remain amid pessimism in equity markets, says OANDA’s Ed Moya
BUSINESS
Gold Prices Today: Firm safe-haven demand takes yellow metals closer to record high on COMEX
Gold prices on COMEX are inching towards the record high touched last year as poor manufacturing data from the US, coupled with signs of a cooling jobs market supported safe-haven demand.
BUSINESS
Gold Prices Today: Yellow metal eyes key level of $2,000 as US bank crisis keep investors on their toes
Manoj Jain of Prithvi Finmart suggests buying MCX gold on dips around Rs 59,650 per 10 grams with a stop loss of Rs 59,330 for a target of Rs 60,100.
BUSINESS
Gold Prices Today: Easing worries over US banking crisis, rising bond yields steal safe-haven appeal
Manoj Jain of Prithvi Finmart expects gold and silver prices to remain volatile in today’s session and continue to hold their respective support levels.
BUSINESS
Gold Prices Today: Bullion prices rise post Monday’s losses as investors keep a close eye on US banking crisis
Manoj Jain of Prithvi Finmart expects gold prices to be in an uptrend with likely resistance at Rs 59,400-Rs 59,720 per 10 grams for the April contract on Multi Commodity Exchange of India.
