Tag: precious metal
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Precious metal may remain volatile ahead of Fed meet outcome
Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities expects gold prices to consolidate in upper range with positive bias before the Fed policy outcome. Gold prices edged down in international markets on March 21 ahead of the Federal Reserve policy meeting outcome on March 22. Investors expect the US central bank to pause raising interest rates ... -
Precious metals to stay volatile, may witness short covering, bargain buying at lower levels
Manoj Kumar Jain, Prithvi Finmart Commodity Research expects gold and silver prices to remain volatile in today’s session and could show some short coverings and bargain buying at lower levels. Gold prices ticked up on Tuesday in the international markets as the dollar eased off a six-week high, while traders waited for more economic data ... -
Precious metals to edge lower in near term as investors expect hawkish monetary policy
Manoj Kumar Jain of Prithvi Finmart Commodity Research expects gold and silver prices to remain weak due to the strong dollar and could show further weakness in the upcoming sessions. Gold prices fell on February 17 in the international markets and were set for a weekly drop, as a firmer dollar and worries of more interest ... -
Gold price falls in early trade; yellow metal selling at Rs 57,160
Gold prices fell Rs 70 on Wednesday, with 10 grams of the yellow metal (24-carat) trading at Rs 57,160. Silver prices, on the other hand, rose Rs 400 from yesterday’s close to Rs 70,400 per kg. The price of 22-carat gold fell Rs 100 from yesterday’s close to Rs 52,400, according to the ... -
Precious metals to remain volatile ahead of US unemployment data
Rahul Kalantri, VP Commodities, Mehta Equities expects gold and silver to remain volatile in today’s session ahead of the US unemployment data. Gold has support at Rs 56,920-56,660, while resistance is at Rs 57,420, 57,570, he said. Gold prices edged lower on February 9 in the international markets, as the dollar steadied and after US ... -
Precious metals to stay volatile as investors eye Jerome Powell’s speech
The US dollar index has gained ground in anticipation of the hawkish tone in Powell’s speech, which may continue putting pressure on bullion prices, said Nirpendra Yadav, Senior Research Analyst at Swastika Investmart. Gold prices edged up on February 7 in the international markets, helped by a slight pullback in the dollar, with investors eyeing Federal ... -
Gold, silver prices fall in early trade; yellow metal selling at Rs 57,270
Gold prices fell Rs 170 on Wednesday, with 10 grams of the yellow metal (24-carat) trading at Rs 57,270. Silver prices fell Rs 100 from yesterday’s close to Rs 72,300 per kg. The price of 22-carat gold fell Rs 150 from yesterday’s close to Rs 52,500, according ... -
Rash returns: 10 catalytic converters stolen this month | Local News
TRAVERSE CITY — Thefts of catalytic converters are surging in Grand Traverse County. On Tuesday night, thieves took three catalytic converters in the 11,000 block of US-31 South – from an SUV, a black Jeep and a snowplow truck, Grand Traverse County Sheriff’s Capt. Randy Fewless said. These thefts number among 10 catalytic converter larcenies ... -
Buscar Company is putting up for sale its wholly-owned
Beverly Hills, California, Oct. 11, 2022 (GLOBE NEWSWIRE) — Buscar Company (OTC: CGLD) is putting up for sale its wholly owned subsidiary Gold Mining LLC for $3,500,000 that owns 30 unpatented claims consisting of 600 acres in Plumas County. The Plumas County claims were staked, recorded, and then moved into a wholly owned subsidiary to ... -
Precious Metal Miner Polymetal Plummets After Scrapping Dividend
Polymetal shares fell 11.5 percent today after the Anglo-Russian precious metals mining company announced it was scrapping the full-year 2021 dividend due to dwindling cash flows and a lack of new sales channels. It also suggested cancelling the interim 2022 dividends “to allow the Group to strengthen its cash position and enhance its resilience in ...
