Bullion market

Bullion traders refuse to budge, shut shop for 8th day

Gold and jewellery establishments in many parts of the country remained closed for the 8th day Wednesday as traders continue their protest against the budgetary proposal to levy 1 percent excise duty on non-silver jewellery.

 

Mar 09, 2016, 20:36 PM IST

Gold prices fall to Rs ​29,400 per 10 gram on muted demand, silver recovers on fresh buying

 Gold prices retreated by Rs 5 to Rs 29,400 per 10 gram at the bullion market today owing to slackening demand from jewellers at the domestic spot market even as the precious metal strengthened overseas.

Mar 01, 2016, 15:17 PM IST

Gold, silver prices fall on low demand, weak global cues

 Gold prices dipped by Rs 40 to Rs 29,250 per ten gram at the bullion market today on waning spot demand from jewellers amid a weak global trend.

Feb 27, 2016, 16:31 PM IST

Gold zooms to Rs 27,875 per 10 gms; silver regains Rs36,000 mark

Gold prices surged by Rs 175 to Rs 27,875 per 10 grams at the bullion market today on persistent buying by jewellers, driven by rising wedding season demand even as the metal weakened overseas.

Feb 08, 2016, 15:21 PM IST

Gold price loses sheen for 3rd straight year; softens by over Rs 1,000 per 10 grams in 2015

The gold prices have dipped by about 5 percent in 2015 as investors looked for other asset classes and the government sought to monetise the holdings lying idle with the households and institutions.

Dec 25, 2015, 19:15 PM IST

Government official floats idea of national gold exchange

Such a platform could provide transparency and establish a price benchmark in the market, though some in the industry said more changes were needed before such a plan might work.

Dec 02, 2015, 18:54 PM IST

Festive spirit fails to enhance bullion's sparkle

Gold prices fell due to subdued retail buying interest as well as poor seasonal off-take on widespread expectations of further fall in prices despite ongoing festivities.

 

Nov 12, 2015, 19:01 PM IST

Gold extends fall on global cues, muted demand

Falling for the third straight day, gold prices dropped by Rs 20 to Rs 27,070 at the bullion market today in tandem with a weakening global trend amid sluggish demand from jewellers.

Oct 26, 2015, 14:54 PM IST

Govt raises import tariff on gold to $369

The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.

Sep 01, 2015, 19:04 PM IST

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.

Jun 27, 2015, 15:42 PM IST

Gold falls for 5th straight day to Rs 26,750 per 10 grams

Silver, however, found some buying support from industrial units and recovered by Rs 150 to Rs 36,550 per kg.

Jun 25, 2015, 15:17 PM IST

Gold dips below Rs 27,000 on weak global cues, low demand

Continuing its losing streak for the third straight day, gold prices slipped below the Rs 27,000-mark by falling Rs 50 to trade at over two-week low of Rs 26,950 per at the bullion market today, tracking a weakening global trend amid slackened demand from jewellers.

Jun 23, 2015, 15:05 PM IST

Gold, silver extend losses on global cues, sluggish demand

Falling for the second day, gold prices went down by Rs 100 to settle at Rs 27,000 per 10 grams at the bullion market today, tracking a weak global trend amid subdued demand from jewellers in the domestic market.

Jun 22, 2015, 15:47 PM IST

Silver futures down 0.27% on global cues

In futures trading at Multi Commodity Exchange, silver for delivery in September month fell by Rs 100, or 0.27 percent to Rs 37,185 per kg in business turnover of 20 lots.

Jun 15, 2015, 12:56 PM IST

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.

Jun 06, 2015, 17:10 PM IST

Gold slumps below Rs 27k as demand falters

Bullion traders attributed the weakness in gold to a sluggish global trend, where the yellow metal slumped to an 11-week low after the US economy added more jobs in May than forecast, bolstering the case for the US Fed to raise interest rates.

Jun 06, 2015, 15:57 PM IST

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.

Jun 05, 2015, 15:35 PM IST

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.

Jun 03, 2015, 14:48 PM IST

Gold hits 3-week low on subdued demand, global cues

In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 105 each to Rs 27,225 and Rs 27,075 per ten grams respectively. Its lowest level since May 7.

Jun 01, 2015, 14:36 PM IST

Gold prices fall by Rs 50 to 3-week low; Silver recovers

In the national capital, gold of 99.9 and 99.5 percent purity declined by Rs 50 each to Rs 27,275 and Rs 27,125 per ten grams respectively, the weakest level since May 8.

May 29, 2015, 14:55 PM IST