Gold, silver extend gains on sustained buying
Gold prices rose further by Rs 75 to Rs 28,200 per 10 grams on Thursday, extending Wednesday’s gains in New Delhi on increased buying by jewellers and retailers amid a firming global trend. Silver followed suit and gathered Rs 100 to Rs 45,200 per kg. Marketmen said the rise in gold prices was... read more »
Gold, silver rise on global cues
NEW DELHI: Gold prices rose by Rs 65 to Rs 28,125 per ten gram in the national capital on Wednesday on fresh buying by jewellers and retailers, tracking a firm global trend. Silver also moved up by Rs 200 to Rs 45,100 per kg on increased offtake by industrial units and coin makers. Traders said... read more »
Jewellers want minify in import duty on gold
The gem and jewellery industry feels the Union budget 2014-15 should address the problem of availability of gold for the sector by tackling the twin hurdles of the 80:20 scheme and the 10 per cent import duty on gold. The 80:20 scheme and the higher import duty were introduced last year to combat... read more »
Gold Futures down by 0.15 % on weak Global Cues
Gold prices eased by 0.15 per cent to Rs. 27,803 per 10 grams in Wednesday’s futures trade as participants offloaded positions on weak cues from global markets. At the Multi Commodity Exchange (MCX), gold for delivery in October declined by Rs. 42, or 0.15 per cent, to Rs. 27,803 per 10 grams... read more »
More from Gold & Metals
Gold prices rise in futures trade on global cues
Gold prices rose 0.35 per cent to Rs 28,481 per 10 grams in futures trade as speculators created fresh positions after the precious metal climbed to over one-week high in the global... read more »
China may have 1,000 tonnes of gold tied in financing : World Gold Council
Singapore – Chinese firms could have locked up as much as 1,000 tonnes of gold in financing deals, an industry report said, indicating a big slice of imports has been used to raise... read more »
Gold slips, eyes longest weekly losing streak in 6 months
SINGAPORE: Gold edged lower on Friday as the market nervously awaited US nonfarm payrolls data, heading for its longest weekly losing streak in over six months as equities firmed and... read more »
Gold Market Update: Gold Powered Higher
Gold powered higher yesterday, breaking through resistance at $1355 and moving as high as $1375 this morning, touching the top boundary of the uptrend channel. The dollar continues to... read more »
Gold Prices raises on fresh buying, firm global cues
Mumbai – Snapping a three-day losing streak, gold prices on Friday recovered by Rs 240 to Rs 31,060 per ten gram in the national capital on buying by stockists and retailers at existing lower... read more »
