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Gold imports may decline to 50 tonnes in Jun, say experts Gold imports may decline to 50 tonnes in Jun, say experts
Gold imports are likely to fall below 50 tonnes this month due to sharp fall in exchange rate of rupee and high global prices of the precious metal, according to market experts.
Gold closes at Rs 28,515 per ten grams, up Rs 415 Gold closes at Rs 28,515 per ten grams, up Rs 415
While gold spurted by Rs 415 to Rs 28,515 per 10 grams, silver surged by Rs 905 to Rs 44,690 per kg on rising demand from industrial units and coin makers.
Gold price rises Rs 200 to Rs 28,418 in futures trade Gold price rises Rs 200 to Rs 28,418 in futures trade
Gold prices rose by Rs 227 to Rs 28,418 per ten grams in futures trade Tuesday largely on speculative positions created by participants amid a firming trend at the spot market.
Gold price today: Latest updates Gold price today: Latest updates
Gold prices declined by Rs 117 to Rs 27,894 per ten grams in futures trade Tuesday against its previous close of Rs 28,011.
Gold up Rs 100, silver by Rs185 on low level buying, Asian cues Gold up Rs 100, silver by Rs185 on low level buying, Asian cues
Both the precious metals, gold and silver, on Monday rebounded in the national capital on emergence of buying at existing lower levels amid a firm trend in the Asian region.
Consumer sentiment may continue to fuel gold demand: Experts Consumer sentiment may continue to fuel gold demand: Experts
With spiralling gold imports putting huge pressure on the current account deficit, government last week hiked the import duty on the metal to 8 percent, up by 2 percent, in a bid to rein in demand.
Weekly review: Gold rises Rs 640, closes at Rs 27,675 Weekly review: Gold rises Rs 640, closes at Rs 27,675
Pure gold (99.9 purity) ended the week at Rs 27,675 from its last weekend's level of Rs 27,035, revealing a smart rise of Rs 640, or 2.37 percent per 10 grams.
Gold logs weekly gain of Rs 650 Gold logs weekly gain of Rs 650
In the national capital, gold of 99.9 and 99.5 percent purity settled at Rs 28,000 and 27,800 per 10 grams respectively, showing a rise of Rs 650 each.
Gold down by Rs 300, silver by Rs 1,500 on low offtake Gold down by Rs 300, silver by Rs 1,500 on low offtake
While gold prices tumbled by Rs 300 to Rs 28,000 per 10 grams, silver dropped by Rs 1,500 to Rs 43,600.
Gold price today: Latest updates Gold price today: Latest updates
Gold price regained some of its lost ground by recovering Rs 48 to Rs 27,580 per ten grams in futures trade Saturday against its previous close of Rs 27,532.
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