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Bullion News
Gold will rebound only if long dollar trade is unwound
It is very likely that the day the Fed announces its first rate hike, gold will be in the green, provided the dollar long trade is unwound.
Gold rules firm for ninth day on global cues, seasonal demand
The yellow metal took positive cues from the global market amid pick-up in domestic demand.
Gold firms on weak US data, China caution lingers
Gold rallied to its highest since mid-July last week after Beijing`s mini-devaluation of the yuan, as analysts speculated that a weakening Chinese currency could prompt the Federal Reserve to postpone an expected rise in US interest rates.
Gold maintains upward trend on jewellers buying, global cues
Bullion traders said besides persistent buying by jewellers to meet seasonal demand, a firming global trend after China increased its bullion reserves and billionaire Stan Druckenmiller bought the metal, mainly aided the sentiments.
Govt hikes tariff value on imported gold, silver
For the first fortnight of this month, the import tariff value of gold and silver stood at USD 354 per 10 grams and USD 498 per kg, respectively.
Gold price snaps 7-week descending trend, revisits Rs 25,000-level
Gold staged a resounding comeback from its multi-year low during the holiday-shortened trading week as jewellery traders and retailers ramped up demand ahead of the peak festival season.
Gold falls on positive US data
Gold futures on the COMEX division of the New York Mercantile Exchange fell due to positive US data.
Gold imports jump 62.2% to $2.96 billion in July
After declining in June, Gold imports jumped 62.2 percent to USD 2.96 billion last month, a development which will have adverse bearing on India's current account deficit (CAD).
Gold extends gains for 7th day on seasonal demand, global cues
Tracking gold, silver also extended its rally for the eighth day and gained another Rs 30 at Rs 36,130 per kg.
Gold price today: Latest updates
Gold prices fell by Rs 135 to Rs 25,879 per 10 grams in futures trade Thursday amid a weak trend overseas and profit-booking by speculators.
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