Bullion News

Gold prices rise as jewellers shrug off weak global trend

Gold prices rise as jewellers shrug off weak global trend

Globally, gold fell 0.21 percent to USD 1,195.60 an ounce in Singapore.

Sep 12, 2018, 15:08 PM IST
Slack demand pulls down gold prices

Slack demand pulls down gold prices

Silver held steady at Rs 37,950 per kg on scattered demand from industrial units and coin makers.

Sep 11, 2018, 15:25 PM IST
Gold rises on positive global cues, jeweller-buying

Gold rises on positive global cues, jeweller-buying

Silver also staged a recovery and traded higher by Rs 50 to Rs 37,850 per kg due to increased offtake by industrial units and coin makers.

Aug 24, 2018, 14:41 PM IST
Gold remains up on festive demand, global cues

Gold remains up on festive demand, global cues

However, silver eased by Rs 50 to Rs 38,100 per kg due to reduced offtake by industrial units and coin makers.

Aug 22, 2018, 15:45 PM IST
Festive cheer, global cues keep gold up at Rs 30,600

Festive cheer, global cues keep gold up at Rs 30,600

While the yellow metal rose by Rs 180, silver gained Rs 50 to Rs 38,150 per kg on increased offtake by industrial units and coin makers.

Aug 21, 2018, 17:04 PM IST
Gold slips on global cues, muted demand

Gold slips on global cues, muted demand

Silver too plunged by Rs 335 to Rs 38,715 per kg due to poor offtake by industrial units and coin makers.

Aug 14, 2018, 15:25 PM IST
Gold hits 17-month low as investors seek refuge in dollar

Gold hits 17-month low as investors seek refuge in dollar

Investors traditionally use gold as a means of preserving the value of their assets during times of political and economic uncertainty and inflation.

Aug 13, 2018, 18:02 PM IST
Gold recovers on jewellers' buying, silver weakens

Gold recovers on jewellers' buying, silver weakens

Globally, gold fell 0.22 percent to USD 1,220.70 an ounce and silver by 0.32 percent to USD 15.44 an ounce in Singapore.

Aug 01, 2018, 16:42 PM IST
Gold slips to 1-year low as US dollar firms

Gold slips to 1-year low as US dollar firms

Gold is highly exposed to interest rates, particularly in the United States, as higher rates lift the opportunity cost of holding non-yielding assets and boost the dollar, in which gold is priced.

Jul 19, 2018, 16:07 PM IST
Gold prices rise as dollar slips to weakest since mid-June

Gold prices rise as dollar slips to weakest since mid-June

The dollar index, which measures the greenback against a basket of six major currencies, slipped to a 3-1/2-week low after U.S. jobs data showed slower-than-expected wage growth.

Jul 09, 2018, 12:00 PM IST
Gold extends losses on global cues, low demand

Gold extends losses on global cues, low demand

Silver also remained under selling pressure and lost Rs 250 at Rs 40,350 per kg owing to reduced offtake by industrial units and coin makers.

Jul 02, 2018, 15:54 PM IST
Bank refuses to return pledged gold citing Re 1 default

Bank refuses to return pledged gold citing Re 1 default

The petitioner said he had taken a loan of Rs 1.23 lakh from the bank by pledging 131 grams of gold jewellery on April 6, 2010.

Jul 02, 2018, 12:12 PM IST
Gold falls to Rs 31,570 on weak global cues, muted demand

Gold falls to Rs 31,570 on weak global cues, muted demand

Silver slipped below the Rs 41,000-mark, declined by Rs 120 per kg, due to reduced offtake by industrial units and coin makers.

Jun 27, 2018, 15:47 PM IST
Gold recovers on global cues, jeweller buying

Gold recovers on global cues, jeweller buying

On the other hand, silver ready slumped by Rs 250 to Rs 40,750 per kg, below the Rs 41,000-mark, due to reduced offtake by industrial units and coin makers.

Jun 22, 2018, 16:28 PM IST
Gold zooms Rs 330 on firm global cues, silver regains Rs 42K-mark

Gold zooms Rs 330 on firm global cues, silver regains Rs 42K-mark

Silver followed suit and reclaimed the Rs 42,000-mark by rising Rs 450 to Rs 42,400 per kg due to increased offtake by industrial units and coin makers.

Jun 15, 2018, 16:14 PM IST
Gold rises Rs 150 on jewellers' buying; silver slips

Gold rises Rs 150 on jewellers' buying; silver slips

Silver, however, succumbed to selling pressure and shed Rs 10 to Rs 41,550 per kg.

Jun 13, 2018, 16:21 PM IST
RBI amends Gold Monetisation Scheme to make it more attractive

RBI amends Gold Monetisation Scheme to make it more attractive

In 2015, the government launched the GMS with the objective of mobilising the gold held by households and institutions in the country.

Jun 08, 2018, 12:21 PM IST
Gold slips on sluggish demand, weak global cues

Gold slips on sluggish demand, weak global cues

However, silver prices rose by Rs 50 to Rs 40,500 per kg on scattered enquiries from industrial units and coin makers.

Jun 05, 2018, 14:17 PM IST
Gold snaps 3-day slide on jewellers' buying

Gold snaps 3-day slide on jewellers' buying

However, silver continued to remain under selling pressure and shed another Rs 50 to Rs 40,450 per kg.

Jun 04, 2018, 15:25 PM IST
Gold weakens on muted demand; silver recovers

Gold weakens on muted demand; silver recovers

On the other hand, silver reclaimed the Rs 41,000 mark by rising Rs 350 per kg due to increased offtake by industrial units and coin makers.

May 31, 2018, 17:13 PM IST