close
This ad will auto close in 10 seconds
India's gold demand dropped 39% in Q1 2016: World Gold Council India's gold demand dropped 39% in Q1 2016: World Gold Council

The demand for gold in India for the January-March quarter of 2016 was at 116.5 tonnes, down by 39 percent as compared to the corresponding period of the previous year, the World Gold Council said on Thursday.

 

Gold price glitters on jewellers' buying, inches close to Rs 30,000 per 10 grams Gold price glitters on jewellers' buying, inches close to Rs 30,000 per 10 grams

In the national capital, gold of 99.9 and 99.5 percent purity moved up by Rs 100 each to Rs 29,950 and Rs 29,800 per ten grams respectively.

Gold price dips below Rs 30K-mark, silver down by Rs 600 Gold price dips below Rs 30K-mark, silver down by Rs 600

Marketmen said sentiment remained bearish largely in tune with a weak global trend and fading demand from jewellers and retailers at current levels at the domestic spot markets.

Akshaya Tritiya: High prices dampen gold sales by up to 30% Akshaya Tritiya: High prices dampen gold sales by up to 30%

High gold prices dampened sales today on Akshaya Tritiya, considered auspicious to buy yellow metal, with a section of industry players putting the sales figure 20-30 percent lower than the year-ago level.

 

Akshaya Tritiya 2016: Gold fails to glitter dampened by high prices Akshaya Tritiya 2016: Gold fails to glitter dampened by high prices

Gold prices have risen sharply in the last few days and are currently at Rs 30,100 per 10 grams in the national capital. The rates were at Rs 27,100 on Akshaya Tritiya in 2015.

Jewellers see 10% growth in sales on Akshaya Tritiya Jewellers see 10% growth in sales on Akshaya Tritiya

World Gold Council Managing Director, India, Somasundaram PR said the buying behaviour of consumers is returning to normalcy following the jewellers resuming business after a month long protest over the excise duty.

Gold fails to glitter on Akshaya Tritiya Gold fails to glitter on Akshaya Tritiya

In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 250 each to Rs 30,100 and Rs 29,950 per 10 grams, respectively.

Gold price slips as dollar holds firm after US jobs data Gold price slips as dollar holds firm after US jobs data

Spot gold edged lower on Monday, but remained supported in the face of a firm dollar as investors bet a weaker US payroll report would push out the timing of any rate hike.

Akshaya Tritiya: Gold price falls over 1% in future trading Akshaya Tritiya: Gold price falls over 1% in future trading

Amid a weakening global trend and profit-booking by speculators, gold futures traded lower by over 1 percent at Rs 30,036 per 10 gram Monday.

 

Akshaya Tritiya today: Jewellers expect tepid surge in gold sales Akshaya Tritiya today: Jewellers expect tepid surge in gold sales

Jewellers expect tepid surge in sales as the gold price has shot up in the last few weeks following global cues.

 

Akshaya Tritiya 2016 today: Latest gold rate city wise Akshaya Tritiya 2016 today: Latest gold rate city wise

Know the latest gold rate city wise on this Akshaya Tritiya.

Akshaya Tritiya 2016: Best investment strategies!

Gold has always proved that it is the safest bet whether the economy is in reeling under recession or suffering the brunt of inflation. Since today is Akshaya Tritiya, it's considered auspicious to purchase gold as per Hindu beliefs.

Three simple ways to check quality of gold this Akshaya Tritiya Three simple ways to check quality of gold this Akshaya Tritiya

Know about the few important things that you should keep in mind before purchasing the yellow metal this Akshaya Tritiya.

 

Akshaya Tritiya 2016: Points to remember when buying gold online Akshaya Tritiya 2016: Points to remember when buying gold online

Though online purchase offers many advantages, some pointers must be considered before you go for it.

Akshaya Tritiya 2016: Five best ways to invest in gold Akshaya Tritiya 2016: Five best ways to invest in gold

Know about the five best ways to invest in gold this Akshaya Tritiya.

 

Akshaya Tritiya 2016: Auspicious time to buy gold Akshaya Tritiya 2016: Auspicious time to buy gold

it's important that the purchase of gold is made inside auspicious timings of the day.

 

Akshaya Tritiya today: Soaring prices may hit gold sales Akshaya Tritiya today: Soaring prices may hit gold sales

Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.

 

Akshaya Tritiya 2016: NSE, BSE extend gold ETF trading hours Akshaya Tritiya 2016: NSE, BSE extend gold ETF trading hours

Leading stock exchanges the NSE and BSE on Monday announced extension of trading hours for Gold Exchange Traded Funds (ETFs) till 1900 hrs on May 9, on account of Akshaya Tritiya.

Akshaya Tritiya today: E-tailers see gold, diamonds boosting sales Akshaya Tritiya today: E-tailers see gold, diamonds boosting sales

Online retailers including Amazon and Bluestone are betting big on gold and diamond sales and expect a big boost to their business on ‘Akshaya Tritiya’, considered as auspicious day for buying precious metals.

Gold stays on an upward curve, scales 2-year high

Silver also zoomed Rs 510 to Rs 41,550 per kg due to increased off-take by industrial units and coin makers.