Bullion News

Gold price tops Rs 31,000 per 10 grams; silver above Rs 47K-mark

Gold price tops Rs 31,000 per 10 grams; silver above Rs 47K-mark

Riding on firm global trends and increased buying by domestic jewellers to meet festive season demand, gold prices surged by Rs 310 to Rs 31,280 per ten grams at the bullion market Wednesday.

Aug 10, 2016, 17:00 PM IST
Gold prices retreat as dollar extends gains

Gold prices retreat as dollar extends gains

 Gold eased on Thursday as the dollar extended its biggest one-day rally in over a month, though losses were limited by a retreat in oil prices and European stocks, which supported interest in the metal as an alternative asset.

Apr 14, 2016, 15:51 PM IST
Gold, silver rebound on global cues, jewellers buying

Gold, silver rebound on global cues, jewellers buying

Silver also recovered by Rs 330 to Rs 34,130 per kg on increased offtake by industrial units and coin makers.

Aug 07, 2015, 15:44 PM IST
Gold closes in on 5-1/2-year low as US rate worries weigh

Gold closes in on 5-1/2-year low as US rate worries weigh

Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year.

Aug 04, 2015, 08:54 AM IST

Gold falls 1% as dollar rises on Fed rate expectations

Gold fell 1 percent on Thursday to a near a 5-1/2-year low as the dollar rose after data showed the U.S. economy improved in the second quarter, supporting views the Federal Reserve would lift rates by year-end.

Jul 30, 2015, 20:50 PM IST

Gold wedged below $1,100 ahead of Fed meeting outcome

Gold steadied at just below $1,100 an ounce on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve`s meeting for more clues on the timing of this year`s interest rate increase.

Jul 29, 2015, 09:50 AM IST

Gold softens in lackluster trade; silver tumbles

Standard gold (99.5 purity) eased by Rs 20 to settle at Rs 26,690 per 10 grams from overnight level of Rs 26,710.

Jun 13, 2015, 16:19 PM IST

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.

Jun 06, 2015, 15:57 PM IST

Gold holds up on Greek crisis, but dollar strength caps gains

Spot gold was steady at $1,190.25 an ounce by 0322 GMT after earlier climbing to a session peak of $1,196.35, its highest since May 26.

Jun 01, 2015, 10:13 AM IST

Gold declines with silver to a 2 week low as dollar gains

Dollar Spot Index climbed to a one month high after a data on Friday showed US inflation rose more than the forecast in April.

May 26, 2015, 18:32 PM IST

IBJA Jewellery & Knowledge Park to cost Rs 3,500 cr

This would facilitate shifting manufacturing units of gems and jewellery segment to this state-of-the-art park that offers multiple modern facilities.

May 17, 2015, 17:14 PM IST

Gold imports rise 78.33% at $3.13 billion in April

The CAD in the first half of this fiscal declined to 1.9% of GDP ($18 bn) from 3.1% ($27 bn).

May 15, 2015, 20:00 PM IST

Gold near five-week high as soft US data eases rate hike fears

Spot gold ticked 0.2% lower,but remains near a five-week high of $1,218.80.

May 14, 2015, 10:06 AM IST

Gold holds near $1,185/oz ahead of US payrolls data

Spot gold was up 0.2% at $1,186.46 an ounce at 0952 GMT, while U.S. gold futures for June delivery were up $3.70 an ounce at $1,185.90.

May 08, 2015, 18:34 PM IST

Gold futures down 0.22% on weak global cues

Gold prices for delivery in far-month August shed Rs 59, or 0.22%, to Rs 27,120 per 10 gm in business turnover of seven lots.

May 08, 2015, 11:35 AM IST

Gold futures down 0.20% on weak global cues

At the Multi Commodity Exchange, gold for delivery in June eased by Rs 53, or 0.20 percent, to Rs 26,815 per 10 grams in a business turnover of 239 lots.

May 05, 2015, 11:27 AM IST

Gold snaps three-day losing streak but US rate worries remain

Spot gold ticked up 0.4 percent to $1,183.08 an ounce by 0704 GMT, up from a six-week low of $1,170.20 reached on Friday

May 04, 2015, 13:49 PM IST

Gold imports rise to $1.98 bn in February

Gold imports in February rose to USD 1.98 billion (Rs 12,293 crore), the second successive monthly rise.

Mar 13, 2015, 21:08 PM IST

Gold imports fall sharply, fresh curbs unlikely

The government is unlikely to put any fresh restrictions on gold imports, as the inward shipments have fallen sharply this month despite recent easing of some curbs by RBI.

Dec 28, 2014, 11:12 AM IST

Gold prices plunge by Rs 400 to a near one-month low

Gold prices tumbled by Rs 400 to trade at nearly one-month low of Rs 27,100 per 10 grams in the national capital Thursday on emergence of selling by stockists amid a weak global trend.

Oct 30, 2014, 15:42 PM IST