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... read more »
Gold extends losses on stockists selling, global cues
Continuing its losing streak for the third straight session, gold prices on Saturday drifted by Rs. 120 to Rs. 28,530 per ten gram in the national capital on sustained selling by stockists amid a weak trend overseas. Fall in demand from jewellers also weighed on prices. Silver followed suit and... read more »
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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... read more »
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