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Gold Price
Business  /  Published 13.08.20

Gold prices break trend after Russia vaccine

Gold prices fell on Wednesday after the announcement of the Covid vaccine by Russia and gains in the dollar. The safe haven asset has gained 33 per cent so far this calendar year. On Tuesday, spot pr...
By Our Special Correspondent in Mumbai

Business  /  Published 08.08.20

RBI's gold loan plan raises credit risk

The Reserve Bank of India’s decision to raise the loan-to-value ratio on gold loans has sparked concerns about a higher credit risk for banks.  The RBI on Thursday raised the permissible l...
By Our Special Correspondent in Mumbai

Business  /  Published 07.08.20

Loans: gold to fetch more

Individuals can now borrow more against their gold jewellery. The RBI on Thursday raised the loan-to-value (LTV) ratio in gold loans for non-agricultural purposes to 90 per cent from 75 per cent...
By Our Special Correspondent in Mumbai

Business  /  Published 31.07.20

Gold: slump in demand

A combination of galloping prices and purchasing power not keeping pace in the Covid-19 induced lockdown could have an adverse impact on Indian gold demand in 2020. With bullion prices hitting a recor...
By A Staff Reporter in Calcutta

Business  /  Published 28.07.20

Gold price crosses Rs 52,000 per 10 gram

Gold got off to a strong start this week with prices crossing the Rs 52,000- mark on the commodity exchanges. On the MCX, August gold futures were up Rs 1,125 to Rs 52,166 per 10 gram in afternoon tra...
By A Staff Reporter in Calcutta

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Business  /  Published 23.07.20

Gold: likely to touch Rs 65,000

The lockdown has yanked the price of gold upwards, but its best days are still to arrive. Experts feel the yellow metal could hit the level of Rs 65,000 per 10 gram in the next two years given a lackl...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.20

Gold bonds are a safe bet

Brokerages and wealth managers are advising investors to increase their exposure to gold through bonds and ETFs in the present scenario of softer interest rates and volatile stock markets. Portfolio ...
By A Staff Reporter in Calcutta

Business  /  Published 02.07.20

Gold prices hit record high amid rising cases

Gold prices on Wednesday hit a record high, buoyed by a rally in the global markets as the yellow metal finds favour as a safe-haven investment amid rising coronavirus cases. At the MCX, August gold ...
By Our Special Correspondent in Mumbai

Business  /  Published 22.03.20

Gold to stay volatile

The volatility in gold prices seen over the past two months is expected to persist in the near term, driven by a combination of factors ranging from the coronavirus outbreak to crude prices and the st...
By Pinak Ghosh in Calcutta

Business  /  Published 10.11.19

Gold funds lose shine

After two months of inflows in August and September, gold exchange traded funds witnessed an outflow last month.Market analysts expect the inflows in the 12 operational gold ETFs to mirror the global ...
By A Staff Reporter in Calcutta


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