close
This ad will auto close in 10 seconds
Dhanteras 2016 today: Gold buying likely to pick up, trading time extended for ETFs, bond Dhanteras 2016 today: Gold buying likely to pick up, trading time extended for ETFs, bond

Demand for gold is likely to pick up Friday across India on Dhanteras day, considered to be an auspicious day for buying the yellow metal.

Gold price surges by Rs 215 to Rs 30,715 per 10 grams Gold price surges by Rs 215 to Rs 30,715 per 10 grams

Gold added to its sparkle as the price surged Rs 215 to Rs 30,715 per 10 grams Wednesday following increased buying activity driven by the ongoing festive and wedding season demand amid a rising overseas trend.

Jewellery sales to witness 25% growth during Dhanteras Jewellery sales to witness 25% growth during Dhanteras

Gems and jewellery retailers are expecting around 25 percent growth in sales during Dhanteras, considered auspicious to buy precious metal, compared to last year due to good monsoon and pent up consumer demand, experts say.

Gold price bounces to Rs 30,500 per 10 grams on festive demand Gold price bounces to Rs 30,500 per 10 grams on festive demand

Gold prices bounced Rs 85 to Rs 30,500 per 10 grams Tuesday following uptick in festive and wedding season demand from jewellers and retailers at the domestic spot market amid signs of a strong global trend.

Sovereign Gold Bonds: Govt to offer gold bonds at a discount of Rs 50/gm Sovereign Gold Bonds: Govt to offer gold bonds at a discount of Rs 50/gm

The issue price of the bond had been fixed at Rs 2,957 per gram of gold.

Gold fails to extend 3-day winning spell, settles at Rs 30,400 per 10 grams Gold fails to extend 3-day winning spell, settles at Rs 30,400 per 10 grams

Failing to extend its 3-day winning stream, gold fell by Rs 140 to Rs 30,400 per 10 grams Friday amid a weak trend overseas and weak demand from jewellers.

Sixth tranche of Sovereign Gold Bonds scheme to launch on October 24 Sixth tranche of Sovereign Gold Bonds scheme to launch on October 24

The government will launch the sixth tranche of Sovereign Gold Bonds (SGB) scheme on October 24, in which people can buy securities worth up to 500 grams.

Gold price rises for 3rd day, hits 2-week high of Rs 30,540 per 10 grams Gold price rises for 3rd day, hits 2-week high of Rs 30,540 per 10 grams

Gold price rose for the third consecutive day on Thursday and ended up by Rs 160 at its two-week high of Rs 30,540 per 10 grams on jewellers buying, tracking a firming trend overseas.

Jewellery industry seeks 1.25% GST rate for local transactions

The gem and jewellery industry has sought GST of 1.25 percent from the government for the sector besides zero duty on rough diamond imports, cut and polished diamonds exports and coloured gemstones.

Gold price advances further to Rs 30,380 per 10 grams Gold price advances further to Rs 30,380 per 10 grams

Gold prices advanced further by Rs 55 to Rs 30,380 per 10 grams Wednesday, supported by positive global cues amid wedding season buying by jewellers in the domestic spot market.

Gold price moves up to Rs 30,325 per 10 grams Gold price moves up to Rs 30,325 per 10 grams

Gold prices moved up by Rs 75 to Rs 30,325 per 10 grams at the bullion market Tuesday, riding on firm global cues and increased buying by jewellers.

'Gold price may regain ground in next year but ''bumpy road'' ahead' 'Gold price may regain ground in next year but ''bumpy road'' ahead'

Gold is likely to recover to above USD 1,300 an ounce next year as a pickup in physical demand counters more potential US rate increases, a Reuters poll at an industry event showed.

Gold holds steady at Rs 30,250 per 10 grams Gold holds steady at Rs 30,250 per 10 grams

Silver prices recovered by Rs 50 to Rs 42,250 per kg at the bullion market on Monday, tracking a firm trend overseas amid increased offtake by consuming industries at domestic spot market.

Gold, silver continue slide on weak global trend, tepid demand Gold, silver continue slide on weak global trend, tepid demand

Gold continued to slide for the second straight day on Saturday as prices fell by Rs 50 to Rs 30,250 per 10 grams at the bullion market, tracking a weak global trend amid tepid demand from jewellers.

Gold imports fall to $1.8 billion in September Gold imports fall to $1.8 billion in September

Gold imports fell 10.3 percent to USD 1.80 billion in September due to sliding prices of the metal in both global and domestic markets.

Gold price drifts lower by Rs 100 to Rs 30,300 per 10 grams Gold price drifts lower by Rs 100 to Rs 30,300 per 10 grams

Silver also dropped by Rs 275 to Rs 42,350 per kg due to reduced offtake by industrial units and coin makers.

India gold discounts drop to nine-month low on pick up in festive demand

Gold traded within a narrow range throughout the week, after falling nearly 5 percent in the previous week.

 Gold ETFs see Rs 539 crore outflows in April-Sep FY'17 Gold ETFs see Rs 539 crore outflows in April-Sep FY'17

Investors pulled out Rs 77 crore from gold exchange-traded funds (ETFs) in September, taking the total withdrawal to Rs 539 crore in the first six months of the current fiscal.

Gold prices could touch Rs 33,500/10 gm on global risk factors: Assocham Gold prices could touch Rs 33,500/10 gm on global risk factors: Assocham

Gold prices are likely to stay firm in the range of Rs 30,500-Rs 33,500 per 10 grams in the backdrop of global political and financial risks, says a study by industry body Assocham.

Gold price snaps 4-day losing streak, glitters by Rs 170 to Rs 30,410 per 10 grams Gold price snaps 4-day losing streak, glitters by Rs 170 to Rs 30,410 per 10 grams

Snapping its four-day falling streak, gold rebounded by Rs 170 to trade at Rs 30,410 per 10 grams at Delhi bullion market Monday.