Rise in prices of Gold to continue

Rise in prices of Gold to continue, suggested for buying and investment. Watch complete news story of Mandi Live and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

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.

India's gold demand dropped 39% in Q1 2016: World Gold Council

India's gold demand dropped 39% in Q1 2016: World Gold Council

The demand for gold in India for the January-March quarter of 2016 was at 116.5 tonnes, down by 39 percent as compared to the corresponding period of the previous year, the World Gold Council said on Thursday.

 

Akshaya Tritiya: High prices dampen gold sales by up to 30%

Akshaya Tritiya: High prices dampen gold sales by up to 30%

High gold prices dampened sales today on Akshaya Tritiya, considered auspicious to buy yellow metal, with a section of industry players putting the sales figure 20-30 percent lower than the year-ago level.

 

Gold prices dipped by Rs 400 on Akshaya Tritiya

Gold prices dipped by Rs 400 on Akshaya Tritiya

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Akshaya Tritiya 2016: Gold fails to glitter dampened by high prices

Akshaya Tritiya 2016: Gold fails to glitter dampened by high prices

Gold prices have risen sharply in the last few days and are currently at Rs 30,100 per 10 grams in the national capital. The rates were at Rs 27,100 on Akshaya Tritiya in 2015.

Jewellers see 10% growth in sales on Akshaya Tritiya

Jewellers see 10% growth in sales on Akshaya Tritiya

World Gold Council Managing Director, India, Somasundaram PR said the buying behaviour of consumers is returning to normalcy following the jewellers resuming business after a month long protest over the excise duty.

India's April gold imports down 67.3% to 19.6 tonnes

India's April gold imports down 67.3% to 19.6 tonnes

Gold imports fell sharply by 67.33 percent to 19.6 tonnes in April 2016 as jewellers' strike opposing one percent excise duty on non-silver jewellery significantly hit demand for the metal, according to gold and silver refiner MMTC Pamp.

 

Gold extends slide on weak global cues, muted demand

Gold extends slide on weak global cues, muted demand

 Gold prices fell by Rs 225 to Rs 29,575 per ten grams at the bullion market today, tracking a weak trend overseas amid subdued demand from jewellers at domestic spot market.

Gold, silver prices surge on global cues, seasonal demand

Gold, silver prices surge on global cues, seasonal demand

 Gold prices surged by Rs 180 to Rs 29,430 per ten grams at the bullion market today, tracking a firm global trend and pick up in buying by jewellers and retailers amid wedding season demand.

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.

India's gold imports drop 16% in FY 2015-16: Report

India's gold imports drop 16% in FY 2015-16: Report

The world`s second biggest consumer imports in March slumped to 18 tonnes from 125 tonnes in the previous year.

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.

 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.

India's gold demand seen falling to 7-year low in March quarter

India's gold demand seen falling to 7-year low in March quarter

The sluggish demand could weigh on global prices, which are headed towards their biggest quarterly gain in nearly 30 years, but will help the country bring down its trade deficit.

 Gold futures up by Rs 78 on firm global cues

Gold futures up by Rs 78 on firm global cues

Gold prices rose by Rs 78 to Rs 28,663 per 10 grams in futures trading today as speculators enlarged their positions amid a firming trend overseas.

Gold price rebounds on renewed demand, silver weakens

Gold price rebounds on renewed demand, silver weakens

Standard gold (99.5 purity) firmed up by Rs 75 per 10 grams to end at Rs 28,160 from yesterday's closing level of Rs 28,085.

Gold futures drop Rs 72 on weak global cues

Gold futures drop Rs 72 on weak global cues

In a similar fashion, the metal for delivery in far-month June was trading down Rs 66, or 0.23 percent, to Rs 28,650 per 10 grams in 34 lots.

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.