Topic
Gold● +4% net tone today
MCX −2.9% on Thu, 1 Oct- Gold fell nearly 12% from August highs to a seven-week low of $4,111 an ounce
- Gold prices were poised for a monthly decline as US inflation data loomed
- Gold and silver futures opened higher on MCX and Comex as crude oil prices fell
Stories per day
1327 Sept
5328 Sept
5129 Sept
3430 Sept
231 Oct
222 Oct
43 Oct
Gold slips before US payrolls data, set for second weekly loss
- Gold prices are poised for a second consecutive weekly decline amid a stronger US dollar and rising Treasury yields
- Gold weakness can reduce collateral values for Indian gold-loan lenders
Gold's Rs 1.5 lakh price drives buyers to silver who get 650g silver at same price
- At current prices, 10 grams of 24-karat gold costs around Rs 1.5 lakh
- The same amount would buy approximately 650 grams of silver
Gold gets its festive shine back as lower prices lure Asian buyers
- Lower gold prices in India have drawn more physical buyers, narrowing sellers’ discounts
- Indian jewellers may see stronger festive demand as lower prices attract physical buyers
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Deal●
Gold miner M&A is finally producing something that glitters
- Gold miner dealmaking is picking up, with more disciplined deals
Today’s Gold Rate in India October 1: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur
- Gold prices fell across Delhi, Mumbai, Kolkata, Chennai and Bengaluru on October 1