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Bullion News
Gold price climbs for sixth day, gains Rs 190 to Rs 26,190 per ten gram
Tracking a firming trend overseas and pick up in demand from jewellers, gold continued its upward trend for the sixth straight day and gained another Rs 190 to Rs 26,190 per ten gram at the bullion market Thursday.
Indias Q2 gold demand falls 25% to 154.5 tonnes: WGC
India's gold demand during April-June declined 25 percent to 154.5 tonnes due to unseasonal rains in the first quarter that damaged crops and the shrinking of wedding dates, according to the World Gold Council (WGC).
Gold price regains Rs 26,000-mark, zooms Rs 600 per ten gram
Gold prices soared by Rs 600, its biggest one-day surge this year, to trade at its highest level in more than three weeks at Rs 26,000 per ten grams Wednesday, tracking uptrend in the global bullion market and on a seasonal pick up in demand from jewellers and retailers.
Gold price gains for 3rd straight day on global cues, jewellers buying
Riding on the firming trend overseas, gold continued its upward journey for the third straight day and rose by Rs 25 to trade at Rs 25,200 per ten grams at the bullion market Monday.
Is Telangana sitting on a bed of diamonds?
Drought-hit Mahbubnagar district of Telangana could appear as another Golconda which occupies a unique position in the world of diamonds.
Gold price ticks up, but still below Rs 25,000-level in India
Gold prices moved up marginally by Rs 17 to Rs 24,912 per ten grams in futures trade Monday.
Gold, silver extend gains on global cues, sustained buying
Silver followed suit and gained Rs 170 to Rs 34,300 per kg on increased offtake by industrial units and coin makers.
Bullion shines on upcoming festive, wedding seasons
Gold firmed up further at the domestic bullion market here today due to sustained offtake by retail consumers at existing levels in view of the upcoming festival season as well as wedding-related demand.
Gold reserves plunge, forex kitty dips to $353.46 bn
India's gold reserves fell sharply by USD 824.2 million as the metal's prices weakened globally, but gains in currency assets limited the dip in overall forex reserves, which were down USD 187.6 million at USD 353.46 billion for the week ended July 31.
Gold, silver rebound on global cues, jewellers buying
Silver also recovered by Rs 330 to Rs 34,130 per kg on increased offtake by industrial units and coin makers.
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