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Gold futures recover on global cues Gold futures recover on global cues Gold prices recovered by Rs 70, or 0.27 percent to Rs 26,274 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.
Goldman Sachs sells remaining stake at China's ICBC Goldman Sachs sells remaining stake at China's ICBC Ending a seven-year old investment, Goldman Sachs Group Inc sold its remaining shares in Industrial and Commercial Bank of China.
Govt can take more steps, if needed, to curb gold imports: FM Govt can take more steps, if needed, to curb gold imports: FM Worried over widening current account deficit (CAD), the government Monday indicated that it could take more steps to check gold imports.
Gold hits 21-month low; silver at its weakest in over 2 years Gold hits 21-month low; silver at its weakest in over 2 years Gold on Monday fell to its lowest level in 21 months and silver hit a 31-month low on heavy sell off by stockists, taking weak cues from overseas.
Gold prices fall by 1.54% in futures trade Gold prices fall by 1.54% in futures trade Gold prices on Monday fell by Rs 399, or 1.54 percent, to Rs 25,556 per ten grams in futures trade in line with weak overseas trends.
Gold price tanks 4.58% for week; closes at Rs 26,120 Gold price tanks 4.58% for week; closes at Rs 26,120 Gold resumed sharply lower at Rs 27,045 and slumped further to finish at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.
Gold logs weekly loss of Rs 1,000; silver hits 27-month low Gold logs weekly loss of Rs 1,000; silver hits 27-month low Gold lost Rs 1,000 to Rs 26,700 per ten grams, matching with a level on April 17, this year.
Gold drops by Rs 130 to Rs 26,255 per 10 gm in Mumbai Gold drops by Rs 130 to Rs 26,255 per 10 gm in Mumbai Pure gold of 99.9 percent purity fell by Rs 130 to end at Rs 26,255 per 10 gm from Rs 26,385.
Gold price today: Latest updates Gold price today: Latest updates In domestic spot market, gold prices finished the week at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.
Selling less gold coins may not reduce consumption: SBI chief Selling less gold coins may not reduce consumption: SBI chief On the back of huge gold imports, the Reserve Bank of India (RBI) earlier suggested that banks should be less active on selling gold coins at their branches, seeking to check demands for gold.
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