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Bullion News

Gold passes $1,550 for first time in over six years on trade jitters

Gold passes $1,550 for first time in over six years on trade jitters

Spot gold was up 0.3% at $1,530.63 per ounce as of 1035 GMT, after hitting its highest since April 2013, at $1,554.56 earlier in the session.

Aug 26, 2019, 17:17 PM IST
After manic Friday, gold may cross all-time high: Analysts

After manic Friday, gold may cross all-time high: Analysts

Kotak Commodities head Ravindra Rao says he won't be surprised if spot gold prices shoot past the $1,950 per troy ounce level to log fresh all-time highs.

Aug 26, 2019, 14:56 PM IST
India's gold prices rise nearly 25%, reach fresh record high of Rs 39,196 per 10 gram

India's gold prices rise nearly 25%, reach fresh record high of Rs 39,196 per 10 gram

Silver futures were also higher by 1 percent to Rs 45,058 per kg, after rising to 45,148 rupees earlier in the day, the highest since October 2016.

Aug 26, 2019, 10:04 AM IST
Gold hits over six-year peak on risk-off sentiment

Gold hits over six-year peak on risk-off sentiment

Spot gold rose 0.3% to $1,515.32 per ounce as of 0334 GMT, after hitting its highest since April 2013 at $1,518.03.

Aug 13, 2019, 10:49 AM IST
Gold hits fresh multi-year high as trade conflict drags

Gold hits fresh multi-year high as trade conflict drags

Spot gold jumped 0.9% to $1,486.41 per ounce as of 0318 GMT. Earlier in the session, it touched $1,489.76 per ounce, its highest since April 2013.

Aug 07, 2019, 11:03 AM IST
India gold prices hit record high on global cues, weak rupee

India gold prices hit record high on global cues, weak rupee

India`s gold consumption dipped 1.5% in 2018 to 760.4 tonnes, below a 10-year average of 838 tonnes, according to data compiled by the World Gold Council.

Aug 05, 2019, 16:06 PM IST
Gold climbs Rs 180 on buying by jewellers despite weak global trend

Gold climbs Rs 180 on buying by jewellers despite weak global trend

Globally, gold was trading lower at USD 1,403.72 an ounce, while silver was quoting lower at USD 15.20 an ounce in New York.

Jun 27, 2019, 17:17 PM IST
Union Budget 2019: Gem and jewellery industry seeks lower customs duty on gold

Union Budget 2019: Gem and jewellery industry seeks lower customs duty on gold

The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow, as gold is declared an asset class.

Jun 24, 2019, 18:12 PM IST
Gold prices zoom Rs 280, crosses Rs 34,000 mark

Gold prices zoom Rs 280, crosses Rs 34,000 mark

Tracking gold, silver too increased by Rs 710 to Rs 39,060 per kg on increased offtake by industrial units and coin makers.

Jun 20, 2019, 16:36 PM IST
Gold, silver prices rise on increased offtake

Gold, silver prices rise on increased offtake

Traders said increased offtake by industrial units and coin makers mainly pushed up silver prices.

Jun 19, 2019, 16:01 PM IST
Gold edges up by Rs 100, silver rises Rs 130

Gold edges up by Rs 100, silver rises Rs 130

Similarly, silver prices increased by Rs 130 to Rs 38,220 per kg on account of increased offtake by industrial units and coin makers.

Jun 18, 2019, 16:58 PM IST
Gold surges Rs 300 on fresh buying, strong global trend

Gold surges Rs 300 on fresh buying, strong global trend

Tracking gold, silver also surged by Rs 550 to Rs 38,400 per kg on increased offtake by industrial units and coin makers.

Jun 14, 2019, 16:17 PM IST
Gold rises Rs 75 to Rs 33,195 per 10 gram on local buying

Gold rises Rs 75 to Rs 33,195 per 10 gram on local buying

Silver, however, declined by Rs 80 to Rs 37,500 per kg on reduced offtake by industrial units and coin makers.

Jun 03, 2019, 18:14 PM IST
Gold rises for 2nd day, surges Rs 150 to Rs 33,020

Gold rises for 2nd day, surges Rs 150 to Rs 33,020

Silver, however, declined Rs 225 to Rs 37,325 per kg on subdued offtake by industrial units and coin makers.

May 29, 2019, 16:34 PM IST
Gold loses sheen, falls Rs 150 on lacklustre demand

Gold loses sheen, falls Rs 150 on lacklustre demand

Tracking gold, silver also plunged Rs 250 to Rs 37,350 per kg on reduced offtake by industrial units and coin makers.

May 20, 2019, 17:11 PM IST
Gold rises by Rs 377 on robust demand

Gold rises by Rs 377 on robust demand

Tracking gold, silver too gained Rs 300 to Rs 38,300 per kg on increased offtake by industrial units and coin makers.

May 14, 2019, 16:11 PM IST
Gold prices remain flat; silver gains Rs 380 on increased offtake

Gold prices remain flat; silver gains Rs 380 on increased offtake

Traders said gold prices rose slightly by Rs 10 on rise in domestic demand. Positive trend overseas also aided the gain in the precious metal.

May 10, 2019, 18:47 PM IST
Gold prices surge by Rs 180 on firm global trend

Gold prices surge by Rs 180 on firm global trend

Tracking gold, silver too gained by Rs 100 to Rs 38,220 per kg following increased offtake by industrial units and coin makers.

May 08, 2019, 16:25 PM IST
Akshaya Tritiya gets off to a good start after three bad years

Akshaya Tritiya gets off to a good start after three bad years

Consumers have been thronging to jewellery shops to buy token gold items and also to take delivery of their pre- booked jewellery.

May 07, 2019, 16:10 PM IST
Gold falls on muted demand from jewellers despite Akshaya Tritiya

Gold falls on muted demand from jewellers despite Akshaya Tritiya

According to traders, fall in demand from local jewellers and retailers at the domestic spot market led to the dip in gold prices despite Akshaya Tritiya, a day considered auspicious to buy gold.

May 07, 2019, 15:46 PM IST