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Gold struggles near 2-1/2-week low on US jobs data Gold struggles near 2-1/2-week low on US jobs data
Spot gold dropped 0.3 percent to $1,118.73 an ounce by 0040 GMT. The metal had fallen to $1,116.75 on Friday, the lowest since Aug. 19, posting a second straight weekly loss.
Gold price rebounds on renewed demand, seasonal support Gold price rebounds on renewed demand, seasonal support
Gold prices rose modestly after a three-day downtrend at the domestic bullion market here due to increased buying by stockists and jewellers ahead of the festive season.
Gold prices in India back at discount on weak demand Gold prices in India back at discount on weak demand
Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world`s second-biggest consumer.
Gold extends losses, down Rs 190 on global cues, low demand Gold extends losses, down Rs 190 on global cues, low demand
Silver, however, recovered by Rs 300 to Rs 35,300 per kg on increased offtake by industrial units and coin makers.
Gold halts three-day rally; slips Rs 60 on weak global cues Gold halts three-day rally; slips Rs 60 on weak global cues
Silver too turned weak and fell by Rs 150 to Rs 35,000 per kg on reduced offtake by industrial units and coin makers.
Govt raises import tariff on gold to $369 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.
Gold tops Rs 27,000-mark on global cues, seasonal demand Gold tops Rs 27,000-mark on global cues, seasonal demand
Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market on Tuesday in line with a firm global trend amid pick up in wedding season buying by jewellers.
Gold gains as equities, dollar retreat, Fed hike view caps rise Gold gains as equities, dollar retreat, Fed hike view caps rise
Fed Vice Chairman Stanley Fischer said on Saturday that US inflation will likely rebound as pressure from the dollar fades, allowing the US central bank to raise interest rates gradually.
Gold, silver extend gains on jewellers buying, global cues Gold, silver extend gains on jewellers buying, global cues
Silver also advanced by Rs 200 to Rs 35,000 per kg on increased offtake by industrial units and coin makers.
Gold, silver recover on jewellers buying, global cues Gold, silver recover on jewellers buying, global cues
After falling for three straight days, gold prices recovered by Rs 50 to Rs 26,700 per ten grams at the bullion market Friday, supported by fresh purchases by jewellers to meet seasonal demand amid a firming global trend.
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