Bullion News

Gold price eases from six-week high ahead of Fed chair confirmation

Gold price eases from six-week high ahead of Fed chair confirmation

Low rates cut the opportunity cost of holding non-yielding assets such as bullion, while depressing the dollar, in which it is priced.

Nov 28, 2017, 17:36 PM IST
Gold holds near six-week high ahead of Fed chair hearing

Gold holds near six-week high ahead of Fed chair hearing

Spot gold was up 0.1 percent at $1,295.3.

Nov 28, 2017, 09:20 AM IST
Gold price rises by Rs 100 to Rs 30,550 per ten grams

Gold price rises by Rs 100 to Rs 30,550 per ten grams

In the national capital, gold of 99.9 percent and 99.5 percent purity rebounded by Rs 100 each to Rs 30,550 and Rs 30,400 per ten gram, respectively.

Nov 27, 2017, 15:12 PM IST
Gold inches higher as dollar holds near 2-month low

Gold inches higher as dollar holds near 2-month low

Gold is highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar, in which it is priced.

Nov 27, 2017, 11:00 AM IST
Gold stays weak on global cues, muted demand

Gold stays weak on global cues, muted demand

Silver also dropped by Rs 200 to Rs 40,300 per kg due to reduced offtake by industrial units and coin makers.

Nov 25, 2017, 14:54 PM IST
Gold regains sheen on wedding season buying, global cues

Gold regains sheen on wedding season buying, global cues

Silver also rebounded by Rs 150 to Rs 40,500 per kg on increased offtake by industrial units and coin makers.

Nov 23, 2017, 17:00 PM IST
Gold extends losses, down Rs 50 on lacklustre demand

Gold extends losses, down Rs 50 on lacklustre demand

Silver also remained under selling pressure and shed Rs 50 to Rs 40,350 per kg.

Nov 22, 2017, 14:48 PM IST
Gold prices rise, North Korea tensions support

Gold prices rise, North Korea tensions support

Bullion fell about 1.4 percent on Monday in its biggest one-day percentage drop since September 11.

Nov 21, 2017, 07:19 AM IST
Gold gains as dollar dips on uncertainty over Trump tax bill

Gold gains as dollar dips on uncertainty over Trump tax bill

The dollar weakened against a basket of six major currencies and was set for its biggest weekly loss in more than a month.

Nov 17, 2017, 21:22 PM IST
Gold price slips, settles at Rs 30,450 per 10 grams

Gold price slips, settles at Rs 30,450 per 10 grams

In Mumbai, gold prices, however, recovered marginally to close at Rs 29,460 per 10 grams today due to mild demand from stockists and retailers amid bullish global cues.  

Nov 17, 2017, 20:50 PM IST
Gold prices flip to discount as wedding demand underwhelms

Gold prices flip to discount as wedding demand underwhelms

Dealers in India were offering a discount of up to $2 an ounce this week over official domestic prices, compared to a $2 premium last week.

Nov 17, 2017, 16:38 PM IST
Gold ETFs continues to lose sheen as an investment class

Gold ETFs continues to lose sheen as an investment class

Trading in gold ETF has been lukewarm in the last four fiscals.

Nov 14, 2017, 16:31 PM IST
Wedding season buying keeps gold prices firm

Wedding season buying keeps gold prices firm

Globally, gold rose 0.21 per cent to trade at almost a 3-week high of USD 1,283.50 an ounce in New York on Thursday amid uncertainty over US tax reforms.

Nov 10, 2017, 15:25 PM IST
Gold demand in India seen falling to lowest in 8 years in 2017

Gold demand in India seen falling to lowest in 8 years in 2017

Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes.

Nov 09, 2017, 12:07 PM IST
Global gold demand declines in Q3 by 9% to 915 tonnes: WGC

Global gold demand declines in Q3 by 9% to 915 tonnes: WGC

The global jewellery demand was down 3 percent in the July-September quarter as the newly introduced Goods and Services Tax (GST) and tighter anti-money laundering regulations around transactions in

Nov 09, 2017, 11:26 AM IST
India's Q3 gold demand drops 24% to 145.9 tonnes: WGC

India's Q3 gold demand drops 24% to 145.9 tonnes: WGC

In value terms, the gold demand declined by 30 percent at Rs 38,540 crore, compared to Rs 55,390 crore in the same period of 2016.

Nov 09, 2017, 11:12 AM IST
Gold rises for 2nd day, ends at Rs 30,450 per 10 grams

Gold rises for 2nd day, ends at Rs 30,450 per 10 grams

Gold prices rose for the second straight session Wednesday on wedding season demand.

Nov 08, 2017, 17:32 PM IST
India's gold imports may fall 25% in December quarter

India's gold imports may fall 25% in December quarter

In the first nine months of 2017, the country`s gold imports surged 131 percent to 638.4 tonnes, according to GFMS data, as jewellers advanced buying in the first half of the year ahead of a sales

Nov 08, 2017, 14:24 PM IST
Gold price retreats after safe haven appeal hit by strong dollar

Gold price retreats after safe haven appeal hit by strong dollar

Gold prices fell 0.5 percent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped.

Nov 08, 2017, 14:05 PM IST
Gold price falls by Rs 115 to Rs 30,135 per 10 grams

Gold price falls by Rs 115 to Rs 30,135 per 10 grams

Gold came under pressure from a rising dollar with a fall of Rs 115 to Rs 30,135 per 10 grams on Monday, which was compounded by tepid demand from local jewellers.

Nov 06, 2017, 16:24 PM IST