Gold futures decline to Rs. 28,420 per 10 gm; silver down at Rs. 42,621 per...
NEW DELHI, AUG 18: Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators. On the Multi Commodity Exchange, gold for delivery in December fell Rs. 236 or 0.82 per cent to Rs.28,420 per 10 grams in a... read more »
Gold demand drops 16% led by declines in India to China
London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes from 1,148.3 tonnes a year earlier as jewellery purchases fell to the lowest since the fourth quarter of 2012, the London-based council said on... read more »
Gold price to remain range-bound
Gold price retreated on Saturday after scaling a monthly high of Rs.28,585 per 10 gram in Mumbai on Friday. The yellow metal reacted on unwinding by stockists by Rs.190 to close the week at Rs.28,395. The prevailing uncertainty in the global political climate as also a weaker rupee saw gold... read more »
Gold climbs Rs. 300 on seasonal buying, firming global cues
Continuing its rising streak, gold prices flared up by Rs. 300 to Rs. 28,800 per ten gram in the national capital on Thursday on sustained buying by jewellers and retailers for the festive season amid firming global cues. Silver also recovered by Rs. 450 to Rs. 44,500 per kg on increased offtake... read more »
