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Gold eases off near two-year high, silver crosses $21 for the 1st time since July 2014

Gold eases off near two-year high, silver crosses $21 for the 1st time since July 2014

Gold eased off a near two-year high, while silver breached the $21 level for the first time since July 2014 in highly volatile trade on Monday, prompted by a burst of short-covering in China.

Gold stays on an upward curve, scales 2-year high

Silver also zoomed Rs 510 to Rs 41,550 per kg due to increased off-take by industrial units and coin makers.

Decrease in price of gold

Decrease in price of gold

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Profit buying on gold

Profit buying on gold

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Up against excise duty, bullion traders shut shops for 2nd day

Up against excise duty, bullion traders shut shops for 2nd day

Gold and jewellery establishments in many parts of the country remained closed today for the second day as traders protested against a budgetary proposal to levy 1 per cent excise duty on jewellery.

Gold ends steady at Rs 25,650 per 10 grams

Gold ends steady at Rs 25,650 per 10 grams

Gold prices ended flat at Rs 25,650 per 10 grams at the bullion market on Wednesday on scattered buying from jewellers even as the metal strengthened overseas.  

Gold treads water as dollar firms; poised for 3rd annual loss

Gold treads water as dollar firms; poised for 3rd annual loss

Gold was little changed on Wednesday as thin liquidity and a firmer dollar capped price moves, although the metal remained on track to close the year lower for a third time in a row.

Gold rises to Rs 25,205 per 10 grams in futures trade

Gold rises to Rs 25,205 per 10 grams in futures trade

Gold prices rose Rs 80 to Rs 25,205 per 10 grams in futures trade on Tuesday as speculators created fresh positions, taking positive cues from global markets. 

Gold slips with oil; softer dollar fails to lift metal

Gold slips with oil; softer dollar fails to lift metal

Gold slipped on Monday, tracking lower oil prices, but failed to get safe-haven bids despite weakness in the dollar and Asian equities as liquidity remained thin in a holiday-shortened week.

Gold price keeps its lustre, rises further to Rs 25,690 per 10 grams

Gold price keeps its lustre, rises further to Rs 25,690 per 10 grams

Lending support to yesterday's gains, gold prices rose further by Rs 15 to Rs 25,690 per 10 grams at the bullion market on Saturday following a buying surge by jewellers and retailers.

Gold futures slide on weak global trend

Gold futures slide on weak global trend

Gold prices fell 0.75 percent to Rs 25,278 per 10 grams in futures trade on Thursday as participants cut their bets amid a weak global trend.

Gold dips below Rs 26,000 on global cues, sluggish demand

Gold dips below Rs 26,000 on global cues, sluggish demand

Gold prices slipped below 26,000 by falling Rs 150 to Rs 25,850 per ten gram at the bullion market on Monday, tracking a weak trend overseas amid subdued demand from jewellers.

Gold extends losses on sluggish demand, global cues

Gold extends losses on sluggish demand, global cues

Falling for the second straight day, gold prices on Friday further eased by Rs 90 to Rs 25,710 per ten gram at the bullion market due to subdued demand from jewellers amid weak global cues.

Gold weakens on global cues, silver recovers

Gold weakens on global cues, silver recovers

Gold slipped by Rs 40 to Rs 25,800 per ten grams at the bullion market on Thursday, tracking a weak trend overseas amid sluggish demand from jewellers at prevailing levels.

India overtakes China, becomes biggest gold consumer: Survey

India overtakes China, becomes biggest gold consumer: Survey

India regained its top position from China as the biggest overall consumer of gold in the first nine months this year with a total consumption of 642 tonnes, a survey said.

Gold buying slows amid price rally; Akshaya Tritaya demand eyed in India

Gold bullion purchases across Asia slowed this week as a long rally in prices discouraged buyers, with traders keeping a close watch on top consumer India ahead of a festival that usually sparks strong demand for the metal.

Gold price logs worst singe-day fall this year, ends at Rs 27,190 per 10 grams

Gold prices tumbled by Rs 510, the biggest fall this year, to trade at almost six-week low of Rs 27,190 per 10 grams at bullion market Wednesday on slackened demand from jewellers and retailers amid weak global cues.

`Gold still a good long-term investment option`

20 scheme, gold staged a strong comeback this week by rising Rs 840 to close at Rs 27,040 per ten grams, a level last seen on October 30.

'Gold prices may decline to Rs 24,500 by December'

Gold prices are likely to decline further to around Rs 24,500 per 10 grams by December if the rupee continues to rule at the current level, according to analysts.

India says not considering immediate gold import duty cut

India is not considering an immediate cut in gold import duties, Trade Minister Nirmala Sitharaman said on Wednesday, extending a policy that has helped narrow the country`s trade deficit but is believed to have led to an increase in smuggling.