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SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship. Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.
SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship.
Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.
Canada made a split to score three in the ninth end and the Swiss conceded in the 10th before throwing their final stone.
It was Canada’s first title at this event since Jennifer Jones won gold in 2018 in North Bay, Ont.
Homan won her first career world women’s title in 2017 in Beijing.
South Korea’s Eunji Gim beat Italy’s Stefania Constantini 6-3 earlier in the day for bronze.
This report by The Canadian Press was first published March 24, 2024.
The Canadian Press
Spirits overcome 10-point half-time deficit and take late lead but fall 57-54 in championship game
With the way things were going for the Vanier Spirits early in their SHSAA 4A girls basketball provincial gold medal game, it would have been easy to just decide it wasn’t their night and let the chips fall where they may.
Despite playing in their own gym, the Spirits just couldn’t get shots to fall in the first half and had difficulty dealing with Meadow Lake’s aggressive defence, eventually finding themselves down 27-17 at the break.
But things suddenly changed in the third quarter, and Vanier started bringing the rain.
Long-range shots started to fall, and their defence held at the other end of the court. All of a sudden they were within a pair, and with 6:50 to play, they took a 45-44 lead, the first time they were up all game.
That set the stage for a tense five minutes of basketball, as Vanier held their two-point edge until 1:12 remained when Meadow Lake’s Sienna Andersen scored her 22nd point of the game to tie things 54-54. The Spartans then got a clutch basket from Callie Timmer with 35 seconds to play, and a free throw by Deena Rediron in the final seconds finished things off.
Final score, Meadow Lake 57, Vanier 54 in one of the best girls’ basketball games of the season.
“It was incredible and we wanted it so bad,” said Andersen, who just happens to be joining the Briercrest College Clippers out in Caronport next fall. “We’ve been to Hoopla a few times and just couldn’t pull it off, so it was really exciting. Everyone really contributed today, we played well as a team and came away with it.”
Spartans coach Kendra Paramchuk pointed to a season-long ability to grind through games and find wins as a key to their gold medal success.
“It was awesome, it was such a good game,” she said. “We went into the game talking about how if everyone plays really well today with heart and grit, it was our game. Everyone took their roles seriously today, too. They were cheering each other on even when we were up by 10 and down by four. Then our seniors stepped up when we needed them and we came out as provincial champions.”
Vanier senior Kate Waldenberger had the hottest hand of all in the second half, scoring 20 of her game-high 24 points in the final 20 minutes and putting down five threes in the process.
Waverley Demassi also hit double digits with 11 points.
Even with the loss, Spirits coach Christa Lapointe was almost beaming with pride at what her team nearly pulled off.
“It’s great to get to the gold medal game and I’m very proud of all the girls for putting it out there,” she said. “They’ve been taught the last three years that as long as you can keep the game to 10-15, anything is possible. Our girls know that, so even though they’re down they never quit. Even though it didn’t work out, they left everything on the floor. That’s what you want from a provincial championship game.”

Gold Rate in Saudi Arabia Today
Today Gold rate in Saudi Arabia, (SAR) 10 gram of 24K gold is SAR 2,455.81. However, these rates are given in 1 tola, 1 gramme, and 10-gramme increments in Saudi Riyal.
Every day, the local gold and bullion markets in the SAR provide live rates.
The latest Gold Rate in SAR on, 24 March 2024. is mention below.
| Gold 24K per Ounce | SAR 7,638.48 | $2,036.51 |
| Gold 24K per 10 Grams | SAR 2,455.79 | $654.74 |
| Gold 22K per 10 Grams | SAR 2,251.14 | $600.18 |
| Gold 24K per Tola | SAR 2,864.68 | $763.76 |
| Gold 22K per Tola | SAR 2,625.96 | $700.11 |
Most readers would already be aware that Sandstorm Gold’s (TSE:SSL) stock increased significantly by 20% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company’s key financial indicators today to determine if they have any role to play in the recent price movement. Particularly, we will be paying attention to Sandstorm Gold’s ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for Sandstorm Gold
ROE can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity
So, based on the above formula, the ROE for Sandstorm Gold is:
2.9% = US$43m ÷ US$1.5b (Based on the trailing twelve months to December 2023).
The ‘return’ is the income the business earned over the last year. That means that for every CA$1 worth of shareholders’ equity, the company generated CA$0.03 in profit.
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or “retains” for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes.
It is quite clear that Sandstorm Gold’s ROE is rather low. Even when compared to the industry average of 9.6%, the ROE figure is pretty disappointing. In spite of this, Sandstorm Gold was able to grow its net income considerably, at a rate of 39% in the last five years. Therefore, there could be other reasons behind this growth. Such as – high earnings retention or an efficient management in place.
Next, on comparing with the industry net income growth, we found that Sandstorm Gold’s growth is quite high when compared to the industry average growth of 28% in the same period, which is great to see.
Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company’s expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Sandstorm Gold is trading on a high P/E or a low P/E, relative to its industry.
Sandstorm Gold has a really low three-year median payout ratio of 18%, meaning that it has the remaining 82% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company.
Along with seeing a growth in earnings, Sandstorm Gold only recently started paying dividends. Its quite possible that the company was looking to impress its shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 49% over the next three years. Consequently, the higher expected payout ratio explains the decline in the company’s expected ROE (to 1.7%) over the same period.
On the whole, we do feel that Sandstorm Gold has some positive attributes. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. With that said, on studying the latest analyst forecasts, we found that while the company has seen growth in its past earnings, analysts expect its future earnings to shrink. Are these analysts expectations based on the broad expectations for the industry, or on the company’s fundamentals? Click here to be taken to our analyst’s forecasts page for the company.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Shafaq News/ Gold prices, both foreign and Iraqi, stabilized іn the local markets іn the capital Baghdad, while they decreased іn Erbil, the capital оf the Kurdistan Region, оn Sunday.
Our correspondent reported that gold prices іn the wholesale markets оn Baghdad’s Al-Nahr Street recorded a selling price per mithqal (equals five grams) оf 21-carat gold from Gulf, Turkish, and European sources at 449,000 IQD, with a buying price оf 445,000 IQD.
Iraqi gold had the selling price per mithqal оf 21-carat recorded at 419,000 IQD, with a buying price оf 415,000 IQD.
As for gold prices at jewelry shops, the selling price per one gram оf 21-carat Gulf gold ranges between 450,000 and 460,000 IDQ, while the selling price per one gram оf Iraqi gold ranges between 420,000 and 430,000 IQD.
Regarding gold prices іn Erbil, the selling price per one gram оf 24-carat gold was 525,000 IQD, 21-carat gold was sold at 460,000 IQD, and 18-carat gold was sold at 395,000 IQD.
On Thursday, gold prices rose tо an all-time high after Fed policymakers indicated they still expected tо reduce them by three-quarters оf a percentage point by the end оf 2024 despite recent high inflation readings.
Fed Chair Jerome Powell said оn Wednesday that recent high inflation readings had not changed the overall story оf slowly easing U.S. price pressures.
Lower interest rates decrease the opportunity cost оf holding non-yielding bullion and weigh оn the dollar, making gold cheaper for investors holding other currencies.
Gold Rate Today In India: On March 24, 2024, gold prices experienced fluctuations throughout India. However, the fundamental price for 10 grams remained close to Rs 66,000. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold was approximately Rs 66,820, while 22-carat gold averaged around Rs 61,250.
At the same time, the silver market displayed an upward trend, reaching Rs 77,500 per kilogram.
Gold rate today in India: Retail gold price on March 24
Gold Rate Today In Delhi
As of March 24, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 61,400, whereas 10 grams of 24-carat gold is priced at around Rs 66,970.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 61,250, while the equivalent amount of 24-carat gold is valued at Rs 66,820.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 61,300, and for the same amount of 24-carat gold, it’s Rs 66,870.
Check gold rates today in different cities on March 24, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 61,850 | 67,470 |
| Kolkata | 61,250 | 66,820 |
| Gurugram | 61,400 | 66,970 |
| Lucknow | 61,400 | 66,970 |
| Bengaluru | 61,250 | 66,820 |
| Jaipur | 61,400 | 66,970 |
| Patna | 61,300 | 66,870 |
| Bhubaneshwar | 61,250 | 66,820 |
| Hyderabad | 61,250 | 66,820 |
Multi Commodity Exchange
On March 22, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 65,870 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 74,810 on the MCX.
Retail Cost of Gold
The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.
Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.
first published: March 24, 2024, 09:15 IST
Under-pressure Western Bulldogs welcome Gold Coast Suns to Ballarat for a Sunday afternoon match.
The Bulldogs were thrashed by Melbourne in their opening match, while the Suns are 2-0 to the start the season.
MORE: Follow the Coleman Medal race with daily updates | Every fixture and result for the 2024 AFL season | Every AFL team’s injury list and Supercoach implications
Sunday’s game between the Bulldogs and Suns is scheduled to start at 1:00 pm AEDT on Sunday, March 24.
The game will be played at Mars Stadium in Ballarat.
| Timezone | AEDT | ACDT | AEST | ACST | AWST |
| Start time | 1:00pm | 12:30pm | 12:00pm | 6:10pm | 4:40pm |
| Region | Melbourne | Sydney | Adelaide | Brisbane | Perth | Tasmania |
| Channel | Fox Footy | Fox Footy | Fox Footy | Channel 7/Fox Footy | Fox Footy | Fox Footy |
| Broadcast time | 1:00pm | 1:00pm | 12:30pm | 12:00pm | 10:00am | 1:00pm |
This match, and every match across the home-and-away season, will be available for live streaming and replay on Kayo Sports.
Per bookmaker TAB, Western Bulldogs is the $1.67 favourite to win this match, while Gold Coast is the underdog at $2.20.
IN: Oskar Baker, Sam Darcy, Taylor Duryea, Caleb Poulter
OUT: James Harmes (Suspension)
IN: Jed Walter, Rory Atkins, Ben Long, Mac Andrew, Sam Clohesy
OUT: Malcolm Rosas (Suspension), Darcy Macpherson (Sub)
NEW: Sam Clohesy, Jed Walter
Shafaq News / On Saturday, gold prices decreased in Baghdad’s markets, while increasing in Erbil, the capital of the Kurdistan Region (KRI).
Our correspondent reported that gold prices in the wholesale markets on Baghdad’s Al-Nahr Street recorded a selling price per mithqal (equals five grams) for 21-carat gold from Gulf, Turkish, and European sources of 449,000 IQD, with a buying price of 445,000 IQD.
Both selling and buying prices per mithqal of 21-carat Iraqi gold reached 419,000 IQD.
Regarding gold prices at jewelry shops, the selling price per mithqal of 21-carat Gulf gold was 450,000 – 460,000 IQD, while one mithqal of Iraqi gold was sold at 420,000 – 430,000 IQD.
In Erbil, the selling price per mithqal of 24-carat gold was 535,000 IQD, 21-carat gold was sold for 470,000 IQD, and 18-carat gold was sold for 405,000 IQD.
CHENNAI: In Chennai, the price of 22-carat gold decreased by Rs 120 per sovereign and is sold at Rs 49,480 on Saturday.
Gold price in Tamil Nadu has been fluctuating for the past few days. Following this, the price has reduced from yesterday.
Accordingly, the fall in price per gram of gold is Rs 15, taking 1 gram of gold to be sold at Rs 6,185.
Gold rate today: On account of three interest rate cuts in 2024 by the US Federal Reserve, gold price on the Multi Commodity Exchange (MCX) touched a new high of ₹66,943 per 10 gm last week. However, profit-boking soon triggered and the yellow metal price retraced more than ₹1,000 per gm and ended at ₹65,870 level on Friday. After ending below the ₹66,000 mark, the MCX gold rate logged a 5.30 percent rise in MTD time whereas spot gold price ascended to the tune of 6 percent in the international market.
According to commodity market experts, gold prices have retraced from recent highs due to the profit-booking. The yellow metal still possesses some steam and it may soon touch the ₹67,500 mark on MCX. In the international market, they predicted a $2,230 per ounce level for the precious yellow metal. Likewise, they predicted MCX silver rates to touch ₹78,000 per kg level whereas $28 per ounce in the international market.
Expecting a bounce back in gold prices, Shashank Pal, Chief Business Officer at PL Wealth Management said, “I believe gold prices will maintain their strength throughout 2024. The much-anticipated US Fed rate cuts are expected to inject further momentum into gold prices. This is because the US Fed rate cut means easy money, which means more inflation, and gold is supposed to be a hedge against inflation.”
Also Read: Stock market holidays next week: BSE, NSE to remain closed on Holi, Good Friday
The PL Wealth Management expert went on to add that factors such as sluggish economic growth, geopolitical uncertainties, and upcoming elections in over 50 countries are likely to drive investors towards safer investment options, including gold.
Speaking on gold price retracement from a lifetime high, Anuj Gupta, Head of Commodity & Currency at HDFC Securities said, “Traditionally, gold prices witness correction after touching record highs as bullion traders or say jewelers book profit at higher levels. They do this to maintain the ₹1500 to ₹2,000 per 10 gm retail market premium. When the yellow metal ascended to a new peak of ₹66,943 per 10 gm level, retail bullion market premium in gold and silver diminished, which forced jewelers and bullion market traders to book profit in their respective gold and silver positions in the future market.”
Also Read: BSE to launch beta version of T+0 settlement next week. Check date, other detail
“I believe that demand for gold at the central banks across the world and soaring crude oil prices may limit this correction in gold and silver prices. Around 2,100 tons of physical gold have been bought by various central banks in the world in the last two years and this figure is expected to further rise in the short to medium term. So, one should maintain a buy-on-dips strategy in gold and silver maintaining stop loss at ₹64,500 and ₹72,000 levels respectively,” said Anuj Gupta adding, “In the international market, the silver rate today is in $23.80 to $28 per ounce range whereas gold rate today is in $2,140 to $2,230 per ounce range.”
Advising gold and silver investors to remain vigilant about the US dollar rates, Shashank Pal of PL Wealth Management said, “Immediate trigger will be how inflation is cooling in the United States as well as India. Since gold is dollar-denominated, the value of gold decreases if there is strength in the US dollar index. So investors need to watch what the dollar index is doing. Geopolitical influx, continued buying by central banks & governments, global as well as local demand-supply scenario is the other immediate triggers that can dictate gold prices in the near term.”
“The F&O trade volumes for gold globally too are significantly up vis a vis same period last year. It can be a good bet for the next 12-18 months horizon. Expect an 8-10% further upside from current levels in that period with intermittent volatility,” Pal concluded.
Disclaimer: The views and recommendations above are those of individual analysts, experts, and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
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