Gold steadies below seven-and-a-half month high after Yellen comments

Gold prices stabilized below a 7-1/2-month high on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only "gradual" adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.

Govt hikes import tariff value on gold

Govt hikes import tariff value on gold

The government on Wednesday hiked the import tariff value on gold to USD 388 per 10 grams and that on silver to USD 487 per kg taking cues from global market.

 

Equity MF inflows hit 20-month low of Rs 2,914 crore in Jan

Equity MF inflows hit 20-month low of Rs 2,914 crore in Jan

Equity mutual funds witnessed in January inflows worth Rs 2,914 crore, the lowest level in the last 20 months, mainly on account of weakness in stock markets and appreciation in gold prices, says a report.

 

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 prices retreat by Rs 40 to Rs 26,210 per ten gram

Gold prices retreat by Rs 40 to Rs 26,210 per ten gram

Gold prices retreated by Rs 40 to Rs 26,210 per ten gram at the bullion market on Friday owing to lower global trend amid easing spot demand from jewellers.

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports lose steam, fall 36.5 pc to $3.5 bn in Nov

Gold imports shrank 36.5 percent to USD 3.53 billion in November on the back of falling prices of the yellow metal, something that will keep the country's current account deficit (CAD) in check.

Gold imports likely to touch 1,000 tonnes this year, up 11%

Gold imports likely to touch 1,000 tonnes this year, up 11%

Buoyed by sharp fall in gold prices globally, India is likely to see a jump of 11 percent in imports of the metal to 1,000 tonnes this year.

 

Know how Fed decision will affect gold prices

Know how Fed decision will affect gold prices

Know how the outcome of US Federal Reserve meeting will affect gold prices...

 

Siddhivinayak temple set to give Modi government's gold scheme a boost

Siddhivinayak temple set to give Modi government's gold scheme a boost

Mumbai`s two-century-old Shree Siddhivinayak temple, devoted to the Hindu elephant-headed god Ganesha, is considering depositing some of its 160 kilogrammes (kg) of gold with banks, according to a spokesman.

Gold price tops Rs 26,000-mark; up Rs 440 on global cues, wedding demand

Gold price tops Rs 26,000-mark; up Rs 440 on global cues, wedding demand

Riding on strong global cues and wedding season buying by jewellers at the domestic spot market, gold on Saturday reclaimed the Rs 26,000-mark per 10 grams by surging Rs 440 at the bullion market.

Gold price sinks to five-year low as Fed rate hike looms

Gold nosedived to USD 1,046.43 per ounce on Thursday, touching the lowest level since early February 2010, as the stronger dollar dented demand.

 

India surpasses China as world’s largest gold consumer

India surpasses China as world’s largest gold consumer

The consumption of gold in the first nine months of the year 2015 in India has been 642 tonnes whereas that in China has been 579 tonnes.

Gold price dips below Rs 25K-level, hits 3.5-month low amid global meltdown

Gold price dips below Rs 25K-level, hits 3.5-month low amid global meltdown

Gold took a severe knock to hit a 3.5-month low and closed below the psychologically important Rs 25,000 mark at Mumbai bullion market following heavy selling from stockist and speculative traders amids fear over an impending Fed rate hike.

 

Gold price rebounds from 4-month low, up Rs 175 at Rs 25,700 per 10 grams

Gold price rebounds from 4-month low, up Rs 175 at Rs 25,700 per 10 grams

Snapping its three-day losing run, gold prices recovered from over a four-month low by surging Rs 175 to Rs 25,700 at the bullion market Tuesday, taking positive cues from global markets amid fresh buying by jewellers.

Gold at over 4-month low on global cues; muted demand

Gold at over 4-month low on global cues; muted demand

Gold prices dipped by Rs 90 to trade at over four-month low of Rs 25,525 per ten grams, extending its slide for the third straight day at the bullion market Monday, tracking a weakening global trend and muted demand from jewellers.

Gold set for worst month in 2-1/2 years on US rate hike view

Gold set for worst month in 2-1/2 years on US rate hike view

Bullion has lost about 7.5 percent of its value in November, its steepest monthly fall since June 2013.

Gold, silver turn lower on global cues, muted demand

Amid a weak trend overseas and subdued demand from jewellers at the domestic spot market, gold prices declined Rs 10 to Rs 25,810 per 10 grams at the bullion market Friday.

 

Gold price plunges by Rs 150 to Rs 25,750 per ten grams

Gold price plunges by Rs 150 to Rs 25,750 per ten grams

In the national capital, gold of 99.9 and 99.5 percent purity tumbled by Rs 150 each to Rs 25,750 and Rs 25,600 per ten grams, respectively.

Gold prices on Nov 17: Latest updates

Gold prices on Nov 17: Latest updates

At the Multi Commodity Exchange (MCX), gold for delivery in December contracts was trading Rs 72 or 0.28 percent lower at Rs 25,275 per 10 grams.

Gold price dips below Rs 26,000-mark; hits over 3-month low

Gold price dips below Rs 26,000-mark; hits over 3-month low

Tracking a weak trend overseas and slackened demand from jewellers in domestic markets, gold prices slipped below the Rs 26,000-mark by plunging Rs 300 Friday to 3-month low of Rs 25,950 per 10 gram.