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Gold prices may dip to Rs 20,500 per ten grams Gold prices may dip to Rs 20,500 per ten grams
Gold domestic rates may decline and range between Rs 20,500-Rs 24,000 per 10 grams if the US Fed hikes interest rates, as widely expected.
Gold remains flat on subdued demand, silver recovers Gold remains flat on subdued demand, silver recovers
Silver, however, recovered by Rs 150 to Rs 34,200 per kg on increased offtake by industrial units and coin makers and a higher global cues.
Gold wedged below $1,100 ahead of Fed meeting outcome Gold wedged below $1,100 ahead of Fed meeting outcome
Gold steadied at just below $1,100 an ounce on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve`s meeting for more clues on the timing of this year`s interest rate increase.
Gold edges higher as investors await Fed meeting Gold edges higher as investors await Fed meeting
Gold edged higher on Tuesday but remained near 5-1/2-year lows as markets braced for this week`s two-day Federal Reserve meeting, at which policymakers are tipped to give further clues on the timing of a U.S. rate increase.
Gold price today: Latest updates Gold price today: Latest updates
Gold prices failed to hold above Rs 25,0000-mark and fell 0.33 percent to Rs 24,816 per 10 grams in futures trade Tuesday as participants cut their bets amid a weak global trend.
Gold tumbles Rs 190, hurt by low demand from jewellers Gold tumbles Rs 190, hurt by low demand from jewellers
Silver followed suit and declined by Rs 150 to Rs 34,050 per kg on reduced offtake by industrial units and coin makers.
After Valcambi acquisition, Rajesh Exports eyes Australian gold market After Valcambi acquisition, Rajesh Exports eyes Australian gold market
"We are very very seriously looking ... We have a lot of interest coming from (Australia], we have made a list of interesting assets there and we will be taking that forward," said Rajesh Mehta, the company's chairman.
Gold stuck near 5-1/2-year low as Fed hike looms Gold stuck near 5-1/2-year low as Fed hike looms
The Federal Reserve begins a two-day meeting later in the day where policymakers are likely to signal further that a rate hike later in the year is certain as the U.S. economy strengthens.
Gold price today: Latest updates Gold price today: Latest updates
Gold prices reclaimed the Rs 25,000 per 10 gram mark by rising 0.85 percent to Rs 25,158 in futures trading Monday as speculators widened positions, tracking a firm global trend.
Rajesh Exports acquires worlds largest gold refining firm Valcambi for Rs 2,560 cr Rajesh Exports acquires worlds largest gold refining firm Valcambi for Rs 2,560 cr
Rajesh Exports, the world's largest gold jewellery maker, Monday announced the acquisition of Switzerland-based gold refinery Valcambi for USD 400 million to gain access to raw materials at lower prices.
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