Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a decline recently, prices shot up by Rs.480 to touch Rs.27,180 at the bullion market. Silver also... read more »
Gold Tumbles to More Than Five-Year Low, China Shares Eke Out Gains
Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold fell 2.3% in a matter of minutes early Monday, after China’s central bank reported on Friday its gold... read more »
Rupee at at 63.39
The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen in IT, consumer durables, teck and refineries sectors. However, buying interest after a fall in previous three sessions was seen in banks, pharma and... read more »
Gold drops Rs 400, silver plunges by Rs 1,350
Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers and retailers. Silver also plunged by Rs 1,350 at Rs 36,650 per kg on poor offtake by industrial users and coin makers. Bullion merchants... read more »
More from Gold & Metals
Government cuts import tariff on gold and silver
NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the first fortnight of the month,... read more »
Gold falls Rs 195 per 10 gram; silver down Rs200 per kg Read more at: http://www.livemin...
New Delhi: Taking weak cues from overseas markets and subdued demand from jewellers, gold on Tuesday plunged by Rs195 to Rs26,430 per ten gram and silver by Rs200 to Rs36,000 per kg in... read more »
Gold near three-month low
Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year high after a strong U.S. jobs report boosted expectations the Federal Reserve would soon hike... read more »
Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali Exports
After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold... read more »
Gold, silver rebound on marriage season demand, global cues
Gold prices recovered by Rs 95 to Rs 27,285 per 10 grams at the bullion market on Thursday on emergence of buying by jewellers to meet wedding season demand amid a firm global trend. Silver... read more »
