The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent
US gold futures settled 1.6 per cent higher to $2,345.4
Bullion has hit record highs in each session for over a week over data from the US economy
The coins will be made available for purchase after Ramadan
Spot gold was little changed at $1,845.34 an ounce as of 8:52 a.m. in Singapore, after falling 0.5 per cent on Monday
Bullion ended 1.3 per cent lower on Tuesday after the consumer-price index figures were released
Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines
Bullion is trading near a two-week low amid an ongoing discussion on whether the Fed will shift to less aggressive rate hikes
Bullion is hovering near a two-week low after the US dollar and bond yields rose Wednesday
Traders are awaiting more clarity on central bank action to tackle searing inflation
Bullion is hovering above the $1,700 an ounce level as it continues be pressured by the strength in the US dollar
Bullion on Wednesday bucked a downward trend that’s seen it slide for four consecutive weeks
Spot gold fell 0.5 per cent to $1,725.05 an ounce in Singapore, after falling 0.5 per cent in the previous session
The gold price decline in recent months has come as the US central bank started its hiking cycle
Bullion has eased after rallying to within $5 of a record last week
Bullion has gained 12 per cent this year
The crisis in Europe is disrupting flows of energy, grains and metals
Gold has made a strong start to the year, surging to the highest since June
Bullion’s appeal as a store of value is being burnished by risk aversion in markets and a surge in inflation worldwide
January’s employment report due Friday is expected to be weak
Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021
Bullion fell last year in its biggest annual decline since 2015
Bullion has erased its November rally and is almost back to where it started the month
Silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term
Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday
Gold is heading for its biggest monthly loss since June as more central banks start signaling a pullback in stimulus measures
The traditional haven has lost 8 per cent this year