Gold price

Coronavirus COVID-19: Gold rally loses steam on Donald Trump's plan to reopen US economy

Spot gold was down 1.4% at $1,693.20 an ounce by 0912 GMT, having this week scaled a seven-year peak on heightened worries over the worst recession in decades.

Apr 17, 2020, 15:59 PM IST

Coronavirus COVID-19: Gold falls on profit-booking, virus-led economic fears limit losses

Commodity currencies slipped against safe-haven units such as the dollar and yen as a record output cut agreed by major oil producing nations failed to offset broader concerns about global demand for resources, while world shares fell as investors braced for more economic damages from the novel coronavirus pandemic.

Apr 13, 2020, 09:09 AM IST

Gold eases from one-month high as dollar firms on coronavirus slowdown hopes

Spot gold was down 0.2% to $1,658.10 per ounce, as of 0353 GMT, after rising to a one-month high of $1,671.40 earlier in the session. The metal rose as much as 2.8% on Monday.

Apr 07, 2020, 12:55 PM IST

India's March gold imports plunge to a new low on record price: Sources

The world's second-biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media.

Apr 06, 2020, 08:30 AM IST

Gold prices rise as coronavirus fuels global slowdown worries

Spot gold gained 0.2% to $1,645.79 per ounce by 0055 GMT, and was up about 0.1% for the week.

Feb 28, 2020, 10:26 AM IST

Gold prices up on coronavirus spread outside China; palladium surges to record

Spot gold rose 0.8% to $1,651.95 per ounce by 0615 GMT. Prices jumped more than 1% in intraday trade on Wednesday before closing 0.3% higher.

Feb 27, 2020, 13:53 PM IST

Gold prices reach 7-year high on fears Coronavirus will hit global growth

Gold prices have risen 3% so far this week and are set to record their biggest weekly percentage gain since early August.

Feb 21, 2020, 23:36 PM IST

Gold slips as Asian equities rise ahead of US-China trade deal

Spot gold dipped 0.6% to $1,552.42 per ounce by 0756 GMT. US gold futures fell 0.4% to $1,553.30. Asian shares rose to new 19-month highs ahead of the Phase 1 deal due to be signed at the White House on Wednesday (January 8).

Jan 13, 2020, 15:33 PM IST

Gold slips amid rising equities as Middle East tensions fade

The metal was down 0.2% so far this week, its worst since week ended December 6 US gold futures eased 0.3% to $1,549.20. Meanwhile, global stocks rallied to hit record highs after comments from US President Donald Trump and Iran pointed to de-escalation in military tensions, even as the US increased sanctions on Iran.

Jan 10, 2020, 16:50 PM IST

India faces major economic jolt if Iran-USA war breaks out, oil prices may hit the sky

Tackling slowdown in the Indian economy will become very difficult if petrol and diesel prices move up due to a war between Iran and the US. The war will also hit the export of Indian basmati rice and tea to Iran.

Jan 09, 2020, 09:59 AM IST

Gold slips from near seven-year high amid US-Iran tensions

Deficit-hit palladium meanwhile hit another record peak on the back of prolonged supply constraints in the market. Spot gold was down 0.1% at $1,564.31 per ounce as of 1257 GMT, having fallen as much as 0.7% earlier in the session. It touched its highest since April 2013 at $1,582.59 on Monday. US gold futures were 0.2% lower at $1,566.00.

Jan 07, 2020, 20:04 PM IST

Gold price surges to hit Rs 41000 per 10 gram

The rise in gold price is being attributed to US President Donald Trump and Iran government threatening retaliatory strikes following the killing of Iranian Major General Qasem Soleimani in Iraq in an American drone strike. Gold price has jumped by almost Rs 1,800 in the last couple of days

Jan 06, 2020, 12:46 PM IST