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Gold recovers on jewellers' buying

Gold recovers on jewellers' buying

Gold regained its glitter with prices rising by Rs 150 to Rs 30,800 per 10 grams at the bullion market today on pick-up in buying activity by jewellers at domestic spot market even as the metal weakened overseas.

Silver soars by Rs 2,155 to trade at 28-month high of Rs 47,715 per kg

Silver soars by Rs 2,155 to trade at 28-month high of Rs 47,715 per kg

The white metal prices have risen by nearly 44 percent since January 1 this year.

Gold extends losses; silver dips below Rs 41,000-mark

Silver too faced selling pressure and broke below the Rs 41,000-mark by losing Rs 200 to Rs 40,900 per kg.

Gold slips on low demand, silver rebounds sharply

Gold slips on low demand, silver rebounds sharply

 Gold prices drifted lower by Rs 25 to Rs 30,025 per 10 grammes at the bullion market today as demand eased from jewellers and retailers at prevailing levels even as the metal strengthened overseas.

Gold price above Rs 30,000 mark on global cues, jewellers buying

Gold price above Rs 30,000 mark on global cues, jewellers buying

Gold prices rebounded by Rs 200 to trade above the Rs 30,000 mark at the bullion market today, taking positive cues from global markets amid fresh purchases by jewellers at domestic spot market.

Gold rises towards 15-month high on dollar, US rates uncertainty

Gold rose to just shy of a 15-month high on Tuesday as the dollar and global shares fell on uncertainty around future U.S. interest rates increases, rekindling investor appetite for safer assets.

Gold futures fall 0.27% on profit-booking

Gold futures fall 0.27% on profit-booking

Gold prices drifted by 0.27 percent to Rs 29,167 per 10 ten grams in futures trade as speculators indulged in profit-booking at prevailing levels, even as metal strengthened overseas.

IOB to sell 'Indian Gold Coin' on Gudi Padwa in Mumbai

The Indian Overseas Bank (IOB) will sell the 'Indian Gold Coin' at its branches in the city tomorrow on the occasion of 'Gudi Padwa'.

Jewellers strike enters 34th day against excise duty

A large number of jewellery establishments in the country remained shut for the 34th day today to protest against one per cent excise duty on non-silver jewellery.

India's February gold imports drop 34%

India`s gold imports in February fell 34 percent compared with the same period last year, news agency NewsRise Financial reported on Monday, citing a government official, as high prices and hopes for a cut in import taxes kept buyers away.

Trading remained standstill at the bullion market

Trading remained standstill at the bullion market

Trading remain stand still at the Bullion market for yet another week as a large number jewellers and bullion traders across the country continued their over one-month old strike against the budgetary proposal to levy one per cent excise duty on non-silver jewellery.

Bullion markets remain shut to protest 1% excise duty

Bullion markets remain shut to protest 1% excise duty

A large number of jewellery shops across the country remained closed on Saturday as gold traders continued their protest against one per cent excise duty on non-silver jewellery.

 Gold edges up on fresh buying, silver declines

Gold edges up on fresh buying, silver declines

Gold prices edged up at the domestic bullion market here on mild demand from jewellery stockists and traders.

Gold, silver extend slide on weak global cues, tepid demand

Gold, silver extend slide on weak global cues, tepid demand

Continuing loses for the second straight session, gold prices plunged by Rs 275 to Rs 28,085 per ten grams at the bullion market today, tracking a weak trend overseas and low demand from jewellers.

Bullion traders refuse to budge, shut shop for 8th day

Bullion traders refuse to budge, shut shop for 8th day

Gold and jewellery establishments in many parts of the country remained closed for the 8th day Wednesday as traders continue their protest against the budgetary proposal to levy 1 percent excise duty on non-silver jewellery.

 

Gold prices fall to Rs ​29,400 per 10 gram on muted demand, silver recovers on fresh buying

Gold prices fall to Rs ​29,400 per 10 gram on muted demand, silver recovers on fresh buying

 Gold prices retreated by Rs 5 to Rs 29,400 per 10 gram at the bullion market today owing to slackening demand from jewellers at the domestic spot market even as the precious metal strengthened overseas.

Gold, silver prices fall on low demand, weak global cues

Gold, silver prices fall on low demand, weak global cues

 Gold prices dipped by Rs 40 to Rs 29,250 per ten gram at the bullion market today on waning spot demand from jewellers amid a weak global trend.

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.