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Bullion News
Gold price ticks up from 2-week low as market eyes Greece
Gold edged up on Thursday, after sliding for the past four sessions to a two-week low, with investors awaiting news on Greece`s talks with its international lenders to avert a default for further trading cues.
Gold price at 2-month low on weak global cues, sluggish demand
Continuing its falling streak for the fourth straight day, gold prices plunged by Rs 160 to trade at over two-month low of Rs 26,790 per 10 grams at the bullion market Wednesday largely in tandem with a weakening global trend coupled with easing demand from jewellers.
Gold price drops to one-week low of $1,175.45 per ounce
Gold slid to a one-week low on Wednesday, down for a fourth consecutive session, as the dollar strengthened and global stock markets continued to rally on expectations of a Greek debt deal.
Gold retreats as Greek hopes lift stocks, euro slides
Spot gold was down 0.1 percent at $1,183.70 an ounce, while US gold futures for August delivery fell 40 cents to $1,183.70.
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.
Gold ETFs see Rs 500 cr outflow in 2 months
Gold exchange traded funds (ETFs) have lost favour among investors as mutual fund managers pulled out close to Rs 500 crore from these products in the first two months of the fiscal, mainly on account poor return.
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.
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.
Gold price drops on global cues, low demand; silver remains weak
Snapping its two-day gaining streak, gold prices fell by Rs 100 to trade at Rs 27,100 per ten grams at the bullion market Saturday, tracking a weak global trend along with easing demand from jewellers.
Gold set for second weekly jump on Fed rate outlook, Greece
Prices have gained 1.8 percent this week so far, the biggest weekly increase in over a month.
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