M Trading

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.

Jul 24, 2015, 14:02 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 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.

Jun 20, 2015, 16:04 PM IST

Gold at over two-week high on global cues, jewellers buying

Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday

Jun 19, 2015, 14:47 PM IST

Gold softens in lackluster trade; silver tumbles

Standard gold (99.5 purity) eased by Rs 20 to settle at Rs 26,690 per 10 grams from overnight level of Rs 26,710.

Jun 13, 2015, 16:19 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 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.

Jun 03, 2015, 10:17 AM IST

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.

Jun 01, 2015, 16:47 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 holds up on Greek crisis, but dollar strength caps gains

Spot gold was steady at $1,190.25 an ounce by 0322 GMT after earlier climbing to a session peak of $1,196.35, its highest since May 26.

Jun 01, 2015, 10:13 AM 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

Gold declines with silver to a 2 week low as dollar gains

Dollar Spot Index climbed to a one month high after a data on Friday showed US inflation rose more than the forecast in April.

May 26, 2015, 18:32 PM IST

Silver falls by Rs 513 a kg in futures trading

At the Multi Commodity Exchange, silver for delivery in July moved down by Rs 513, or 1.31 percent, to Rs 38,627 per kg in business turnover of 6,780 lots.

May 26, 2015, 13:25 PM IST

Gold futures retreat 0.51%, in line with global trend

Gold prices for delivery in June contracts fell by Rs 138, or 0.51%, to Rs 27,023 per 10 grams in business turnover of 3,439 lots in futures trading at the Multi Commodity Exchange.

May 26, 2015, 13:11 PM IST

Muthoot Fincorp plans gold recycling centres across country

Muthoot will be approaching the government seeking permission for private players to do hallmarking and recycling as the 350 BIS-authorised hallmarking centres cannot take the load if the scheme becomes a success.

May 24, 2015, 12:16 PM IST

Gold edges lower as dollar cuts losses after US data

Spot gold was down 0.3 percent at $1,205.28 an ounce by 2:43 p.m. EDT (1843 GMT), while U.S. gold futures for June delivery settled down 0.4 percent at $1,204.10 an ounce.

May 22, 2015, 13:39 PM IST

Gold futures edge higher on global cues

Gold prices rose by Rs 76 to Rs 27,421 per 10 grams in futures trade on Friday.

May 22, 2015, 12:15 PM IST