The government expects to mobilise more than Rs 820 crore from the fifth tranche of Sovereign Gold Bond (SGB) scheme, and the next tranche will be launched with more attractive features before Diwali.
Rising for the fourth day in a row, gold prices rose further by Rs 75 to Rs 31,250 per 10 grams at the bullion market Wednesday, tracking a firming trend overseas along with increased buying by jewellers' at the domestic spot market.
Taking positive cues from global markets and buying by jewellers at the domestic front, gold prices rose for the third straight day by adding Rs 25 to Rs 31,175 per 10 grams at the bullion market Tuesday.
Increased buying by jewellers in domestic bullion market and firm global cues propped up gold prices by Rs 110 to Rs 31,150 per 10 grams on Monday.
Gold prices eased at the domestic bullion market here Thursday on lower offtake from stockists and traders as well as subdued local buying interest coupled with lower global cues.
Gold imports fell by 77.45 percent to USD 1.11 billion in August due to sliding prices of the metal in both global and domestic markets.
Gold prices recovered by Rs 20 to Rs 31,070 per 10 grams on Wednesday, mirroring a firm trend overseas along with scattered buying by jewellers in the domestic spot market.
Gold prices fell by Rs 125 to Rs 31,050 per ten grams at the bullion market today owing to slackened demand from jewellers at domestic spot market even as the metal strengthened overseas.
Silver, however, fell further by Rs 500 to Rs 45,300 per kg on reduced offtake by industrial units.
Gold remained weak for a second day as the prices fell by Rs 150 to Rs 31,150 per ten grams at the bullion market today, on a weak trend overseas and easing demand from jewellers at the domestic spot market.
Gold slipped from a 30-month high, plunging Rs 250 to Rs 31,300 per 10 grams at the bullion market Thursday, as demand from jewellers at domestic spot market fell amid a weak trend overseas.
Gold price zoomed to Rs 31,550 per 10 grams -- a 30-month high -- by soaring Rs 450 Wednesday, tracking a solid trend overseas amid increased buying by jewellers to meet rising demand at the domestic spot market.
Gold rose to a fresh two-and-a-half-week high on Wednesday after gaining nearly 2 percent in the previous session, as disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will keep rates on hold in September.
Continuing its uptrend for the fourth straight day, gold reclaimed the key 31,100 per 10 grams level Tuesday on sustained buying interest from stockists and retailers amid strong global cues.
Gold strengthened further at the domestic bullion market today on sustained buying interest from stockists and retailers amid strong global cues.
Propped up by firm global cues and increased buying by jewellers at the domestic bullion market, gold advanced for the third straight day by gaining Rs 50 to Rs 31,050 per 10 grams Monday.
Riding on firm global trends and increased buying by jewellers at domestic spot market, gold prices advanced by Rs 30 to trade at Rs 31,000 per ten grams, while silver prices soared Rs 800 to Rs 45,900 per kg at the bullion market on Saturday.
Silver, also regained the Rs 45,000-mark by rising Rs 200 to Rs 45,100 per kg on increased offtake by industrial units and coin makers.
Falling for a fourth straight day, gold prices cracked below the Rs 31,000-mark by losing another Rs 100 to Rs 30,950 per 10 grams Thursday, picking weak overseas cues amid muted demand from jewellers in the domestic spot market.
Gold remained weak for the third straight-day with prices falling by another Rs 60 to Rs 31,050 per 10 grams at the bullion market Wednesday, on low demand from jewellers at domestic spot market amid weak global cues.