Gold zooms to Rs 27,875 per 10 gms; silver regains Rs36,000 mark

Gold zooms to Rs 27,875 per 10 gms; silver regains Rs36,000 mark

Gold prices surged by Rs 175 to Rs 27,875 per 10 grams at the bullion market today on persistent buying by jewellers, driven by rising wedding season demand even as the metal weakened overseas.

Gold price loses sheen for 3rd straight year; softens by over Rs 1,000 per 10 grams in 2015

Gold price loses sheen for 3rd straight year; softens by over Rs 1,000 per 10 grams in 2015

The gold prices have dipped by about 5 percent in 2015 as investors looked for other asset classes and the government sought to monetise the holdings lying idle with the households and institutions.

Government official floats idea of national gold exchange

Such a platform could provide transparency and establish a price benchmark in the market, though some in the industry said more changes were needed before such a plan might work.

Festive spirit fails to enhance bullion's sparkle

Gold prices fell due to subdued retail buying interest as well as poor seasonal off-take on widespread expectations of further fall in prices despite ongoing festivities.

 

Gold extends fall on global cues, muted demand

Gold extends fall on global cues, muted demand

Falling for the third straight day, gold prices dropped by Rs 20 to Rs 27,070 at the bullion market today in tandem with a weakening global trend amid sluggish demand from jewellers.

Govt raises import tariff on gold to $369

The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.

Gold advances on modest buying support; silver falls

Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.

Gold falls for 5th straight day to Rs 26,750 per 10 grams

Gold falls for 5th straight day to Rs 26,750 per 10 grams

Silver, however, found some buying support from industrial units and recovered by Rs 150 to Rs 36,550 per kg.

Gold dips below Rs 27,000 on weak global cues, low demand

Gold dips below Rs 27,000 on weak global cues, low demand

Continuing its losing streak for the third straight day, gold prices slipped below the Rs 27,000-mark by falling Rs 50 to trade at over two-week low of Rs 26,950 per at the bullion market today, tracking a weakening global trend amid slackened demand from jewellers.

Gold, silver extend losses on global cues, sluggish demand

Gold, silver extend losses on global cues, sluggish demand

Falling for the second day, gold prices went down by Rs 100 to settle at Rs 27,000 per 10 grams at the bullion market today, tracking a weak global trend amid subdued demand from jewellers in the domestic market.

Silver futures down 0.27% on global cues

In futures trading at Multi Commodity Exchange, silver for delivery in September month fell by Rs 100, or 0.27 percent to Rs 37,185 per kg in business turnover of 20 lots.

Gold falls Rs 320 this week

Gold suffered its biggest fall in nearly two-months on the back of heavy unwinding from jewellery stockists and savvy traders as well as lack of local buying support at existing levels.

Gold slumps below Rs 27k as demand falters

Bullion traders attributed the weakness in gold to a sluggish global trend, where the yellow metal slumped to an 11-week low after the US economy added more jobs in May than forecast, bolstering the case for the US Fed to raise interest rates.

Gold hits one-month lows on weak global cues, low demand

Following gold, silver ready suffered a setback of Rs 1,000 to Rs 37,400 per kg and weekly-based delivery by Rs 850 to Rs 37,080 per kg.

Gold, silver extend gains on global cues, jewellers buying

In the national capital, gold of 99.9 and 99.5 percent purity moved up by Rs 70 each to Rs 27,340 and Rs 27,190 per ten grams, respectively. It had gained Rs 45 yesterday.

Gold hits 3-week low on subdued demand, global cues

In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 105 each to Rs 27,225 and Rs 27,075 per ten grams respectively. Its lowest level since May 7.

Gold prices fall by Rs 50 to 3-week low; Silver recovers

In the national capital, gold of 99.9 and 99.5 percent purity declined by Rs 50 each to Rs 27,275 and Rs 27,125 per ten grams respectively, the weakest level since May 8.

Gold, silver prices stay flat in thin trade

Gold prices remained steady for the second straight day at Rs 27,250 per 10 grams at the bullion market on Tuesday in the absence of any major buying by jewellers as well as retailers.

Gold, silver prices ease on low demand, global cues

Snapping its four-day rising streak, gold prices fell by Rs 20 at Rs 27,230 per 10 grams at the bullion market Tuesday due to slackened demand from jewellers and retailers at prevailing levels amid a weak trend overseas.

Traders protest making PAN must for buying gold over Rs 1 lakh

Bullion market remained closed in the national capital Wednesday as traders refrained from doing business to protest the Budgetary proposal that would make it mandatory to quote PAN for purchases of above Rs 1 lakh.