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Bullion News
Gold price turns weak on global cues, silver down on subdued demand
Gold prices plunged by Rs 235 to Rs 26,930 per ten grams at the bullion market Wednesday largely in tandem with a weak trend in global market and low demand from jewellers and retailers.
Gold prices slip in futures trade
Gold prices on Wednesday fell Rs 53 to Rs 26,903 per 10 grams in futures trade amid a weak global trend.
Gold price weakens on sluggish demand; silver remains up
In mixed pattern of trading, gold prices fell by Rs 15 to Rs 27,165 per 10 grams at the bullion market owing to subdued demand from jewellers, while silver strengthened on increased offtake by industrial units.
Gold imports tick up 10.47% to $2.42 billion in May
Gold imports grew 10.47 percent to USD 2.42 billion in May on declining prices and easing of restrictions by RBI.
Gold price retains gains near $1,185 on safe-haven bids over Greece
Gold was trading firmly near USD 1,185 an ounce on Tuesday, clinging to overnight gains as Greece`s failure to strike a deal with its creditors triggered safe-haven bids.
Gold, silver regain on jewellers buying
Gold prices recovered by Rs 105 to Rs 27,180 per ten grams at the bullion market Monday on increased buying by jewellers even as the metals weakened overseas.
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.
Gold price climbs as Greece fails to clinch deal; Fed meet in focus
Gold edged up on Monday as Greece and its creditors failed to strike a deal to avert a debt default, but gains were capped as traders waited for a Federal Reserve policy meeting later this week for clues on the outlook for U.S. interest rates.
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.
Gold, silver get some lustre back on jewellers buying
Gold prices edged up Rs 20 to Rs 27,130 per 10 grams in the bullion market on Friday on scattered buying by jewellers and retailers amid a better global trend.
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