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Gold safe-haven demand News

30 Jan 2017

Gold price moves higher on weaker dollar

Tracking a firming trend overseas, gold prices quoted higher by Rs 41 to Rs 28,394 per 10 grams in futures trade Monday.

27 Jun 2016

Gold price extends gains, up Rs 200 per 10 grams

Gold extended its gains in future trading Monday as participants enlarged their positions after aftershocks from Britain`s vote to leave the European Union pushed investors towards the safe-haven asset.

27 Jun 2016

Gold price climbs 1%, investors seek safe-haven after 'Brexit' vote

Spot gold had risen 1.30 percent to USD 1,332.55 an ounce, after touching a high of USD 1,335.30 earlier in the day. Bullion prices surged by 4.8 percent in the previous session to top out at USD 1,358.20 - the highest since March 2014.

31 Mar 2016

Gold price heads for biggest quarterly rise in nearly 30 years

Gold has climbed 16 percent in the first three months of this year, its biggest quarterly rise since 1986, as concerns over global growth battered equities and sparked a wave of safe-haven buying.

12 Feb 2016

Gold price skyrockets, inches closer to Rs 30,000-mark

Now, the gold has gained Rs 2,600 in the eleven straight sessions, its longest winning streak this year.

10 Feb 2016

Gold price rises to near 7.5-month high on safe-haven demand

Global equity markets have been hit by worries over the health of the euro zone banking sector, with a very loose monetary policy seen crimping bank profits and consequently their ability to repay debt.

21 Sep 2015

Gold price hovers near three-week high as equities slip

Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve`s move last week to leave US interest rates unchanged weighed on global equities.

26 Jan 2015

Gold price rises towards $1,300 as Greek vote sparks safe-haven demand

Gold climbed towards a five-month high on Monday as an electoral win by Greece`s anti-austerity party sparked fears of renewed instability in Europe, triggering safe-haven demand for bullion.

09 Oct 2014

Gold rises for 4th day in longest run since Jun on Fed minutes

Gold rose 0.7 percent to USD 1,229.98 an ounce, the highest since September 26. Silver also climbed 1.2 percent to USD 17.58 an ounce.

25 Sep 2014

Gold price extends losses as equities, dollar rise

Gold extended losses on Thursday, reacting to stronger equities and robust U.S. economic data that curbed its safe-haven appeal, and the metal looked likely to fall back towards January`s lows as the dollar index rallied to four-year highs.

24 Sep 2014

Gold price holds gains as equities dip, but investors cautious

Gold clung to overnight gains on Wednesday as Asian shares retreated, but investors remained cautious amid a firmer dollar and upbeat U.S. manufacturing data that kept prices near their lowest since January.

19 Aug 2014

Gold price stuck below $1,300 on stronger equities, dollar

Gold snapped a two-day losing streak on Tuesday as geopolitical tensions and fund inflows boosted the safe-haven metal, but gains were kept in check by strength in equities and the dollar.

15 Aug 2014

Gold drops as equities climb, geopolitical concerns ease

Gold prices dropped 1.4 percent on Friday as European stock markets headed for their biggest weekly gain since mid-February on expectations for more central bank stimulus to lift the euro zone economy.

15 Aug 2014

Gold price on track for second weekly gain on safe-haven demand

Gold has gained 0.4 percent this week.

12 Aug 2014

Gold price in tight range above $1,300 as global equities gain

Gold was steady at USD 1,308 an ounce Tuesday, and was trading in a USD 4 range.

08 Aug 2014

Gold price reclaims Rs 29,000 level in futures trade

Gold prices reclaimed Rs 29,000 level by gaining Rs 246 to Rs 29,016 per ten grams in futures trading Friday as speculators enlarged positions tracking positive cues from overseas markets.

07 Aug 2014

Gold price marginally up in futures trade on global cues

Gold prices edged up marginally by 0.08 percent to Rs 28,604 per 10 grams in futures trading Thursday as speculators enlarged positions, tracking a firming global trend.

23 Jun 2014

Gold price slips on stronger equities, but holds above $1,300

Gold had eased 0.2 percent to USD 1,311.70 an ounce Monday after posting its best week in three months on Friday.

13 Jun 2014

Gold price near Rs 26,500 per 10 gm in futures trade

Extending its yesterday's gains, gold rose further to Rs 26,448 per 10 grams in futures trade Friday as participants engaged in enlarging positions on a firming trend overseas.

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