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Precious metals market News

Gold import tariff

24 Jul 2015

Govt cuts tariff value on imported gold for 2nd straight week

The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.

27 Jun 2015

Gold advances on modest buying support; silver falls

Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.

20 Jun 2015

Gold slips on subdued demand amid global sluggishness

Standard gold (99.5 purity) fell by Rs 40 to settle at Rs 26,785 per 10 grams from Friday's level of Rs 26,825.

09 Jun 2015

Rajesh exports bags order worth Rs 1,300 cr from UAE firm

In the quarter ended March 31, the company had reported threefold jump in net profit at Rs 205.5 crore.

06 Jun 2015

Gold falls Rs 320 this week

Gold suffered its biggest fall in nearly two-months on the back of heavy unwinding from jewellery stockists and savvy traders as well as lack of local buying support at existing levels.

05 Jun 2015

Gold hits one-month lows on weak global cues, low demand

Following gold, silver ready suffered a setback of Rs 1,000 to Rs 37,400 per kg and weekly-based delivery by Rs 850 to Rs 37,080 per kg.

03 Jun 2015

Gold, silver extend gains on global cues, jewellers buying

In the national capital, gold of 99.9 and 99.5 percent purity moved up by Rs 70 each to Rs 27,340 and Rs 27,190 per ten grams, respectively. It had gained Rs 45 yesterday.

03 Jun 2015

Gold under pressure despite softer dollar as fund outflows weigh

Spot gold slipped 0.2 percent to $1,191.40 an ounce by 0323 GMT, after gaining 0.4 percent on Tuesday.

Gold import tariff

01 Jun 2015

Government reduces tariff value on gold, silver

During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.

Global Demand for Gold. Bullion News

22 May 2015

Gold demand slows as China eyes equities; lack of weddings in India weighs

Demand will not pick up now as there are no festivals or weddings in the next three months or so.

20 May 2015

Gold futures slide on weak global cues

Market analysts said the fall in gold futures is mostly attributed to trimming of positions by speculators, tracking a weak trend overseas.

19 May 2015

Gold rises on global cues; silver weakens on reduced offtake

Globally, gold edged higher by 0.19% to USD 1,225.80 an ounce in New York in yesterday's trade.

19 May 2015

Gold futures fall on weak global cues

Globally, gold declined by 0.4 percent to USD 1,220.50 an ounce in Singapore.

14 May 2015

Gold near five-week high as soft US data eases rate hike fears

Spot gold ticked 0.2% lower,but remains near a five-week high of $1,218.80.

13 May 2015

Gold futures down on weak global cues

Globally, gold traded at USD 1,192.21 an ounce in Singapore from USD 1,193.94 yesterday

08 May 2015

Silver futures down by Rs 119 on global trends

In the international market, silver prices traded 0.2% lower at USD 16.30 an ounce in Singapore.

06 May 2015

Gold extends gains on sluggish US data, safe-haven demand

Spot gold rose 0.3 percent to $1,196.36 an ounce by 0346 GMT, bringing it near the key $1,200 level.

Current Gold rate

05 May 2015

Gold futures down 0.20% on weak global cues

At the Multi Commodity Exchange, gold for delivery in June eased by Rs 53, or 0.20 percent, to Rs 26,815 per 10 grams in a business turnover of 239 lots.

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