Gold - Page 75

People buy gold ornaments at a jewelry showroom in Guwahati, India. (Photo: Getty Image)

Gold surges Rs 950 to Rs 97,500/10 g amid firm global cues

New Delhi, May 13 (PTI) Gold price rallied by Rs 950 to Rs 97,500 per 10 gram in the national capital on Tuesday amid firm trend in overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity jumped Rs 1,000 to Rs 97,100 per 10 gram. On Monday,

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An Indian housewife watches as a jeweller checks the quality of her old gold jewellery. (Photo: Getty Image)

Gold recovers as US-China tariff truce spurs bargain-buying

May 13 (Reuters) – Gold recovered on Tuesday as bargain-hunters stepped in after prices hit a more than one-week low in the previous session, pressured by a U.S.-China tariff truce that lifted appetite for riskier assets and dented bullion’s safe-haven appeal. Spot gold was up 0.6% at $3,254.39 an ounce, as of 0639 GMT. Bullion

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Shoppers look for jewellary at a showroom in New Delhi, (Photo: Getty Image)

Gold tanks Rs 3,400 to Rs 96,550/10 g as US-China trade deal curbs demand

New Delhi, May 12 (PTI) Gold prices tanked sharply by Rs 3,400 to Rs 96,550 per 10 grams in the national capital on Monday as traders shifted from safe-haven buying after the US declared a 90-day pause on tariff against Chinese imports. According to the All India Sarafa Association, the precious metal of 99.5 per

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Looking at a gold necklace exposed in a luxury boutique in Riyadh. (Photo: Getty Image)

Gold falls as positive US-China talks hamper safe-haven appeal

May 12 (Reuters) – Gold slipped on Monday as positive U.S.-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments. Spot gold fell 1.4% to $3,277.34 an ounce, as of 0432 GMT. U.S. gold futures lost 1.9% to $3,281.70. “The dollar index has advanced as the Trump administration touted

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