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Gold price rises to Rs 28,370 on scattered buying

Last Updated: Monday, July 28, 2014, 16:21

Marketmen said some buying by stockists and jewellers to meet the festive season demand mainly influenced gold prices but a weak trend in overseas markets capped the gains.

Gold smuggling may rise if customs duty not lowered: Experts

Last Updated: Sunday, July 27, 2014, 13:34

In 2013, the government had hiked the Customs duty on gold in phases to 10 percent to control gold import and to bring down the CAD.

Gold price drops by Rs 160 to Rs 28,200 per 10 grams

Last Updated: Thursday, July 24, 2014, 16:09

Silver also dropped by Rs 400 to Rs 45,000 per kg on reduced offtake by industrial units and coin makers.

Gold price rebounds by Rs 160 to Rs 28,360 per 10 grams

Last Updated: Wednesday, July 23, 2014, 16:29

Gold rebounded by Rs 160 to Rs 28,360 per 10 grams in the national capital on Wednesday on increased buying by jewellers and retailers to meet the upcoming festive season demand.

RBI relaxes norms for loans against gold ornaments

Last Updated: Tuesday, July 22, 2014, 19:04

The Reserve Bank on Tuesday relaxed the limit of loan that banks can sanction against the pledging of gold ornaments and jewellery.

Gold, silver recover on fresh buying; gold at Rs 28,475 per ten gram

Last Updated: Monday, July 21, 2014, 16:27

In Delhi, gold of 99.9 and 99.5 per cent purity gained Rs 25 each to Rs 28,475 and Rs 28,275 per 10 grams, respectively.

Gold buying in Asia subdued as prices head for fifth weekly gain

Last Updated: Friday, July 04, 2014, 16:21

Demand for gold jewellery and bars in top consumer Asia continued to be lackluster as metal prices were on course for a fifth weekly gain, and bullion dealers said buying will remain sluggish over the course of the summer.

Gold still a good bet for investors: SK Jain

Last Updated: Friday, July 04, 2014, 12:33

Currently, gold rates are high because of the ongoing war in Iraq. If geo-political tension escalates in Middle East, the gold rates are expected to up further.

Govt hikes import tariff value on gold, silver

Last Updated: Monday, June 30, 2014, 20:42

During the second fortnight of this month, tariff value on imported gold stood at USD 411 per 10 grams and silver at USD 632 per kg.

Gold falls on global cues, silver remains up

Last Updated: Thursday, June 26, 2014, 16:57

Gold in London, which normally sets price trend on the domestic front, fell 0.6 per cent to USD 1,311.65 an ounce.

Gold jewellery exports in FY15 seen jumping by a quarter

Last Updated: Wednesday, June 18, 2014, 17:51

Gold jewellery exports from India are likely to grow by a quarter in the year to March 2015, helped by an expected relaxation of import policy and recovering demand from major consuming countries, the head of a trade body said on Wednesday.

Gold prices rise to Rs 27,240 on global cues

Last Updated: Thursday, June 12, 2014, 16:20

Traders said some buying by jewellers and retailers amid a firming global trend helped prices move further.