Bullion News

Wedding season buying keeps gold prices firm

Wedding season buying keeps gold prices firm

Globally, gold rose 0.21 per cent to trade at almost a 3-week high of USD 1,283.50 an ounce in New York on Thursday amid uncertainty over US tax reforms.

Nov 10, 2017, 15:25 PM IST
Gold demand in India seen falling to lowest in 8 years in 2017

Gold demand in India seen falling to lowest in 8 years in 2017

Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes.

Nov 09, 2017, 12:07 PM IST
Global gold demand declines in Q3 by 9% to 915 tonnes: WGC

Global gold demand declines in Q3 by 9% to 915 tonnes: WGC

The global jewellery demand was down 3 percent in the July-September quarter as the newly introduced Goods and Services Tax (GST) and tighter anti-money laundering regulations around transactions in

Nov 09, 2017, 11:26 AM IST
India's Q3 gold demand drops 24% to 145.9 tonnes: WGC

India's Q3 gold demand drops 24% to 145.9 tonnes: WGC

In value terms, the gold demand declined by 30 percent at Rs 38,540 crore, compared to Rs 55,390 crore in the same period of 2016.

Nov 09, 2017, 11:12 AM IST
Gold rises for 2nd day, ends at Rs 30,450 per 10 grams

Gold rises for 2nd day, ends at Rs 30,450 per 10 grams

Gold prices rose for the second straight session Wednesday on wedding season demand.

Nov 08, 2017, 17:32 PM IST
India's gold imports may fall 25% in December quarter

India's gold imports may fall 25% in December quarter

In the first nine months of 2017, the country`s gold imports surged 131 percent to 638.4 tonnes, according to GFMS data, as jewellers advanced buying in the first half of the year ahead of a sales

Nov 08, 2017, 14:24 PM IST
Gold price retreats after safe haven appeal hit by strong dollar

Gold price retreats after safe haven appeal hit by strong dollar

Gold prices fell 0.5 percent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped.

Nov 08, 2017, 14:05 PM IST
Gold price falls by Rs 115 to Rs 30,135 per 10 grams

Gold price falls by Rs 115 to Rs 30,135 per 10 grams

Gold came under pressure from a rising dollar with a fall of Rs 115 to Rs 30,135 per 10 grams on Monday, which was compounded by tepid demand from local jewellers.

Nov 06, 2017, 16:24 PM IST
Gold advances, hovers above Rs 29,000-mark at futures trade

Gold advances, hovers above Rs 29,000-mark at futures trade

Gold was hovering near a one-week low globally, hit in the previous session, as largely upbeat US economic data reinforced the prospects of another rate hike by the Federal Reserve next month.  

Nov 06, 2017, 11:57 AM IST
Govt may make gold jewellery hallmarking mandatory by Jan

Govt may make gold jewellery hallmarking mandatory by Jan

Under the proposed rules hallmark will also mention the carat of gold used the jewellery, Paswan said.

Nov 03, 2017, 16:10 PM IST
Gold price sparkles on Diwali demand, tops Rs 31,000-mark

Gold price sparkles on Diwali demand, tops Rs 31,000-mark

In the national capital, gold of 99.9 and 99.5 percent purity surged by Rs 290 each to Rs 31,000 and Rs 30,850 per 10 grams respectively, a level last seen on September 27.

Oct 18, 2017, 14:42 PM IST
Gold ETFs register Rs 388-crore outflow in Apr-Sept

Gold ETFs register Rs 388-crore outflow in Apr-Sept

Trading in gold ETF segment has been tepid during the last four financial years.

Oct 17, 2017, 14:36 PM IST
Dhanteras 2017: Gold sales likely to remain buoyant despite GST hiccups

Dhanteras 2017: Gold sales likely to remain buoyant despite GST hiccups

Gold prices in India traded at a premium this week for the first time in more than three months after a spurt in purchases.

Oct 17, 2017, 10:57 AM IST
Dhanteras 2017: Check out current gold prices in major Indian cities

Dhanteras 2017: Check out current gold prices in major Indian cities

Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in North and West India.

Oct 17, 2017, 08:27 AM IST
Gold prices hover below $1,300-mark amid firm dollar

Gold prices hover below $1,300-mark amid firm dollar

The Fed will probably need to raise interest rates in December and then three of four times "over the course of next year", assuming the US unemployment rate continues to fall and inflation rises,

Oct 17, 2017, 07:45 AM IST
Dhanteras 2017: Jewellers line up discounts, freebies to lure buyers

Dhanteras 2017: Jewellers line up discounts, freebies to lure buyers

This will be the first Diwali after the November 8, 2016 note-ban announcement.

Oct 17, 2017, 07:06 AM IST
Gold price remains range-bound ahead of Dhanteras

Gold price remains range-bound ahead of Dhanteras

Gold of 99.9 percent and 99.5 percent purity ruled flat at Rs 30,850 and Rs 30,700 per 10 gram, respectively.

Oct 16, 2017, 14:59 PM IST
GST impact: Gold jewellery biz may lose shine this Dhanteras

GST impact: Gold jewellery biz may lose shine this Dhanteras

The footfalls will increase at stores during the festivals next week, he said, but the sale ticket size will be lower.

Oct 13, 2017, 18:03 PM IST
Gold prices in India swing to premium ahead of Diwali festival

Gold prices in India swing to premium ahead of Diwali festival

Jewellers felt the PMLA required them to keep records of customers' personal identification number or tax code for transactions above Rs 50,000 (USD 771), limiting gold sales by buyers hesitant to

Oct 13, 2017, 17:07 PM IST
Gold loses lustre on muted demand, silver slides more

Gold loses lustre on muted demand, silver slides more

Globally, gold rose 0.18 per cent to USD 1,295.40 an ounce and silver by 0.17 per cent to USD 17.26 an ounce in Singapore.

Oct 13, 2017, 14:44 PM IST