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Saturday, April 04, 2020

Gold prices

GOLD PRICES NEWS

Gold rises as concerns over US stimulus dent risk appetite

March 11, 2020 10:50 am

Spot gold was up 0.4% at $1,656.37 per ounce by 0242 GMT, having fallen nearly 2% on Tuesday on hopes for global stimulus measures. US gold futures slipped 0.2% to $1,656.70.

Gold futures slip Rs 73 to Rs 44,085 on weak overseas cues

March 09, 2020 2:51 pm

On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 73, or 0.17 per cent, to Rs 44,085 per 10 gram in a business turnover of 6,597 lots.

Gold prices inch down as markets eye ECB decision

January 23, 2020 1:38 pm

Spot gold was down 0.1% at $1,557.37 per ounce by 0617 GMT. U.S. gold futures were unchanged at $1,557.

GST ministerial panel on gold holds meeting, raises concerns on evasion

January 19, 2020 1:58 am

“Discussions were held on what would be the formula to restore it. Those would continue in the next meeting. Law department would also explain the legal position of the fund settlement,” a state finance minister said.

Gold’s been on a tear this year and 2020 may see more reward

December 10, 2019 4:25 pm

As 2020 looms, BlackRock Inc, the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc and UBS Group AG see prices climbing to $1,600 an ounce -- a level last seen in 2013.

Gold price at Rs 38,470, retouches all-time high

August 13, 2019 3:17 am

Globally, spot gold was up 0.6 per cent at $1,505.26 per ounce at 12:04 pm EDT (1611 GMT), holding close to last week’s more than six-year high of $1,510.

All-time high: Gold surges Rs 1,113 to Rs 37,920 per 10 gram

August 08, 2019 3:15 am

Globally, gold soared more than 2 per cent on Wednesday to breach the $1,500 ceiling for the first time in over six years.

Explained: Why gold prices in India are headed north

July 11, 2019 8:14 pm

In India, the gold prices also witnessed a spurt following the government’s Budget announcement to hike the customs duty on Gold import from existing 10 per cent to 12.5 per cent.

India raises taxes on Gold for the first time in six years

July 05, 2019 3:19 pm

The import tax on gold and other precious metals will be raised to 12.5% from 10%, Finance minister Nirmala Sitharaman said while presenting the federal budget for the year through March 31, 2020.

Gold futures gain 1.05% on spot demand

July 03, 2019 7:05 pm

On the Multi Commodity Exchange, gold for delivery in August contracts moved up by Rs 358, or 1.05 per cent, to Rs 34,400 per 10 gram in a business turnover of 17,270 lots.