Jan 30, 2017 09:39 AM IST
Hedge funds and money managers added to their bullish position in COMEX copper contracts for a third straight week, in the week to Jan. 24, lifting it to a record, US Commodity Futures Trading Commission (CFTC) data showed on Friday.
- Jan 28, 2017 07:38 AM IST
NEW YORK (Reuters) - In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President's policy plans.
- Jan 27, 2017 02:04 PM IST
Moreover, reduced offtake by jewellers owing to slackened demand at the domestic spot market at prevailing level too hit sentiment.
- Jan 27, 2017 09:54 AM IST
However, similar to currencies, gold too has seen highs and lows in 2016 with events such as the U.K.'s decision to leave the European Union and US elections. While many analysts have said gold can reach USD 1,300 per ounce this year, the asset class continues to remain under pressure.
- Jan 25, 2017 11:04 AM IST
At the Multi Commodity Exchange, gold for delivery in February fell by Rs 145 or 0.50 percent to Rs 28,580 per 10 grams in a business turnover of 513 lots.
- Jan 25, 2017 10:18 AM IST
The dollar index, which measures the greenback against a basket of currencies, fell 0.1 percent to 100.220.
- Jan 24, 2017 10:06 AM IST
Spot gold was mostly unchanged at USD 1,217.42 per ounce by 0337 GMT, after hitting their strongest since November 22 at USD 1,219.59 earlier in the session.
- Jan 23, 2017 02:18 PM IST
Silver also advanced by Rs 100 to Rs 41,800 per kg on increased offtake by industrial units and coin makers.
- Jan 23, 2017 10:40 AM IST
Gold for delivery in April was trading notably higher by Rs 207, or 0.72 percent, to Rs 28,825 per 10 grams, in a business turnover of 82 lots.
- Jan 20, 2017 11:12 AM IST
Gold for delivery in far-month April rose by Rs 122, or 0.43 percent, to Rs 28,650 per 10 grams, in a business turnover of four lots.
- Jan 20, 2017 09:17 AM IST
The downward pressure that the Fed's USD 4.5 trillion balance sheet has been exerting on rates for the last several years is declining, she said, making it all the more important to raise rates only gradually.
- Jan 19, 2017 07:44 AM IST
*Spot gold was largely flat at USD 1,203 per ounce by 0100 GMT. The bullion hit an eight-week high of USD 1,218.64 on Tuesday, but fell 1 percent in the previous session as dollar strengthened.
- Jan 19, 2017 07:42 AM IST
"But obviously it's a volatile environment. What we have seen in the past is when some unilateral moves are made that speak to some of the core issues and sensitivities of either side, that can be explosive.
- Jan 18, 2017 09:51 AM IST
Spot gold was firm at USD1,216 per ounce by 0322 GMT. Bullion hit an eight-week high of USD1,218.64 in the previous session.
- Jan 17, 2017 11:08 AM IST
At the Multi Commodity Exchange, gold for delivery in February month rose by Rs 76, or 0.27 percent to Rs 28,605 per ten grams in business turnover of 410 lots.
- Jan 17, 2017 08:40 AM IST
Spot gold had risen 0.1 percent to USD1,203.89 per ounce by 0133 GMT. Bullion hit a more than seven-week high of USD1,207.86 in the previous session.
- Jan 16, 2017 11:34 AM IST
Gold for delivery in February rose Rs 135, or 0.48 percent, to Rs 28,515 per 10 grams, in a business turnover of 327 lots.
- Jan 16, 2017 09:02 AM IST
"Buying shows that people are looking ahead this week with Trump's inauguration and discussions on Brexit. There is a lot of uncertainty moving forward," said Brian Lan, managing director at Singapore-based gold dealer GoldSilver Central.
- Jan 13, 2017 08:02 AM IST
Spot gold eased 0.1 percent to USD 1,193.38 per ounce by 0041 GMT. Bullion on Thursday touched a high of USD 1,206.98, its best since November 23.
- Jan 12, 2017 10:46 AM IST
At the Multi Commodity Exchange, gold for delivery in February month advanced by Rs 47, or 0.17 perce to Rs 28,347 per ten grams in business turnover of 341 lots.
- Jan 12, 2017 07:52 AM IST
Gold edged higher early on Thursday to hold near 7-week highs touched in the previous session, as the dollar weakened after Donald Trump provided little clarity on future fiscal policies in his first press conference as US president-elect.
- Jan 11, 2017 06:04 PM IST
Silver also shot up by Rs 475 per kg and reclaimed the Rs 41,000-mark on persistent buying by industrial users.
- Jan 06, 2017 11:24 AM IST
At the Multi Commodity Exchange, gold prices for delivery in February declined Rs 87, or 0.31 percent, to Rs 27,861 per ten grams in a business turnover of 992 lots.
- Jan 06, 2017 08:00 AM IST
Spot gold had eased 0.2 percent to USD 1,178.53 an ounce by 0056 GMT. The metal on Thursday hit its highest since December 5 at USD 1,184.90.
- Jan 05, 2017 10:50 AM IST
At the Multi Commodity Exchange, gold for delivery in far-month April was up by Rs 166, or 0.60 percent, to Rs 27,808 per 10 grams, in a business turnover of 50 lots.