2017 July

Gold steady around 7-week high on N. Korean tensions

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On July 31, 2017

Mumbai: Gold Price Live held around a near seven-week high on Monday as tensions on the Korean peninsula boosted safe-haven demand for the yellow metal, while the dollar hovered around multi-month lows on weak US economic data. FUNDAMENTALS Spot gold hit its highest since June 14 at $1,270.98 in early

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Gold, silver trade marginally lower; should you buy?

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On July 24, 2017

Mumbai: Gold and silver were trading marginally lower in the morning trade on Monday on account of subdued demand of precious metals from jewelers, industries, and retailers. MCX Gold was down 0.02 per cent, or Rs 7, at Rs 28,534 per 10 gram around 10.50 am (IST), while MCX Silver

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Gold, silver inch higher in early trade

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On July 18, 2017

  Mumbai: Gold silver Price were trading in green in early trade on Tuesday on account of buying in precious metals by jewellers, industries and retailers amid subdued equity markets. MCX Gold was up 0.13 per cent, or Rs 36, up at Rs 28,156 per 10 gram, while MCX Silver

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Gold rises as dollar drops on weak US data

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On July 17, 2017

Gold live prices rose on Monday as the dollar fell to multi-month lows following weak economic data from the United States that has diminished the outlook for aggressive rate hikes from the US Federal Reserve. FUNDAMENTALS Spot gold rose 0.19 per cent to $1,230.91 per ounce as of 0048 GMT. US

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Dollar tanks, gold jumps amid latest Trump scandal

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On July 12, 2017

The dollar weakened and funds flowed into gold on Wednesday on concerns spurred by emails showing President Donald Trump's son met with a Kremlin-linked lawyer whose stated goal was to assist Moscow in influencing the U.S. election. Donald Trump Jr. on Tuesday released emails about a controversial meeting he attended

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Gold holds steady at near four-month lows

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On July 10, 2017

Gold held steady early Monday, hovering around near four-month lows after stronger than expected US jobs data indicated that the Federal Reserve would maintain its stance on monetary tightening gold coin price. FUNDAMENTALS Spot gold was nearly flat at $1,213.16 per ounce at 0051 GMT. Gold fell more than 2 percent

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GST regime: Tax hike could increase illegal gold sales

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On July 5, 2017

Gold Price in Mumbai A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up an appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewellery. As part of a new national sales

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Live Gold Price in India marks lowest finish in nearly 8 weeks

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On July 4, 2017

Live Gold Price in India booked their lowest settlement in nearly eight weeks after suffering from their first monthly decline since March, as the U.S. dollar spent much of the session rebounding from last week’s sharp loss and gains in U.S. equities dulled investment demand for the precious metal. August

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Gold steady ahead of US Independence day holiday

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On July 3, 2017

Mumbai: Gold held steady early Monday, ahead of the US Independence day holiday, as the dollar hovered at near nine-month lows hit last week on signs of monetary tightening by global central banks. FUNDAMENTALS Spot gold was nearly flat at $1,241.04 per ounce at 0043 GMT. It fell over 2

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