Gold prices cracked the Rs 29,000 mark to a six-week low of Rs 28,880 per 10 gram at the bullion market Thursday amid weak trend overseas and easing demand from local jewellers.
Declining for the third straight session, gold prices tumbled Rs 200 to Rs 29,150 per 10 grams at the bullion market Wednesday on weak global cues and slump in demand from local jewellers.
Falling for the second straight session, gold prices on Tuesday declined by another Rs 100 to Rs 29,350 per 10 grams at the bullion market on muted demand from local jewellers amid a weak trend overseas.
Gold prices came down by Rs 100 to Rs 29,450 per 10 grams on Monday, in the process halting the three days of gains, mainly due to a weak trend overseas and easing demand from local jewellers.
Gold prices maintained an upward trend for the third day Saturday, gaining Rs 70 to Rs 29,550 per 10 grams at the bullion market, amid firm global cues and increased buying by local jewellers.
Consumers on Friday flocked to buy gold and jewellery on Akshaya Tritiya, considered an auspicious day for purchasing valuables, with jewellers seeing 40 percent jump in sales over last year.
Alibaba-backed Paytm has partnered with MMTC-PAMP to launch 'Digital Gold' that will allow customers to buy and sell gold through the electronic platform.
Staging a comeback after three straight days of losses, gold rose Rs 100 to Rs 29,450 per 10 grams at the bullion market Thursday on firm global cues and pick up in buying by local jewellers.
Gold prices fell below Rs 29,000 per 10 grams level in futures trade Tuesday as speculators engaged in reducing their positions, tracking a weak trend overseas.
Gold prices on Monday dipped below the Rs 30,000 mark, tumbling by Rs 350 to Rs 29,650 per 10 grams at the bullion market, tracking a weak trend overseas amid fall in demand from local jewellers.
The first tranche of the sovereign gold bonds (SGB) opened for public subscription on Monday.
Gold prices fell by another Rs 10 to Rs 29,800 per 10 grams at the bullion market.
Globally, gold softened by 0.12 percent to $1,278.70 an ounce in Singapore.
Silver saw losses for the third straight day, with prices falling by a sharp Rs 550 to Rs 42,250 per kg Wednesday, much in line with a weak trend overseas.
Gold prices eased by Rs 50 to Rs 29,900 per 10 grams on Monday owing to slack demand from local jewellers even as the metal strengthened overseas.
Gold prices held steady at Rs 29,950 per 10 grams at the bullion market on Saturday on scattered demand from local jewellers.
The All India Gems and Jewellery Trade Federation (GJF) on Friday urged the government to levy 1.25 percent Goods and Service Tax (GST) on the industry as against the proposed four percent.
Gold prices rose for the fourth straight session Friday by Rs 100 to Rs 29,950 per 10 grams at the bullion market on account of continued buying by local jewellers and a firm trend overseas.
Ruling firm for the third straight day, gold prices rose by another Rs 90 to Rs 29,850 per 10 grams Thursday following an overnight global rally amid increased buying by local jewellers.
Gold made the most of rising geo-political uncertainty as it rose for the second straight day, with prices surging Rs 410 to an over one-month high of Rs 29,760 per 10 grams on Wednesday.