Gold eases to around one-month low as Fed meeting nears

Last Updated: Tuesday, September 15, 2015, 08:21

Spot gold fell 0.3 percent to $1,103.68 an ounce by 1148 GMT. It had fallen to $1,098.35 on Friday, the lowest since Aug. 11.

Gold ends flat, silver turns weaker on reduced offtake

Last Updated: Monday, September 14, 2015, 15:36

Silver, however, eased further by Rs 100 to Rs 34,800 per kg on lack of buying support from industrial units and coin makers.

Gold hovers near one-month low as traders eye Fed meeting

Last Updated: Monday, September 14, 2015, 10:04

The Fed will kick off a much awaited two-day policy meet on Wednesday. Many expect traders to remain on the sidelines until the Fed statement on Thursday, though prices could drop because of persistent uncertainty.

Gold imports cross 120 tonnes in Aug, highest so far in FY16

Last Updated: Sunday, September 13, 2015, 12:55

Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes.

Gold slips below Rs 26,000-mark on weak demand, global cues

Last Updated: Saturday, September 12, 2015, 15:39

Standard gold (99.5 purity) declined by Rs 40 to finish at Rs 25,960 per 10 grams from Friday's closing level of Rs 26,000.

Jewellers buying, firm global cues lift gold prices by Rs 45

Last Updated: Friday, September 11, 2015, 14:48

Snapping its three-day losing streak, gold prices recovered by Rs 45 to Rs 26,460 at the bullion market Friday on emergence of buying by jewellers and retailers to meet wedding season demand amid upbeat global trend.

Drought dents India gold demand; prices still appealing

Last Updated: Friday, September 11, 2015, 11:05

Nearly two-thirds of India`s gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.

Gold price extends weakness on global cues, low demand

Last Updated: Thursday, September 10, 2015, 15:37

Continuing its losing streak for a third straight session, gold prices plunged by Rs 260 to Rs 26,415 per ten grams at the bullion market Thursday, tracking a weak global trend amid low demand by jewellers and retailers.

Gold price remains weak on sluggish demand; silver recovers

Last Updated: Wednesday, September 9, 2015, 18:11

Gold prices declined further by Rs 25 to Rs 26,675 per ten grams at the bullion market Wednesday owing to slackened demand from jewellers and retailers even as the metal strengthened overseas.

Gold deposit and bond schemes: Key facts you should know

Last Updated: Wednesday, September 9, 2015, 16:04

Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.

India unveils two gold schemes for deposits, sovereign bonds

Last Updated: Wednesday, September 9, 2015, 14:23

In a bid to tap the vast amount of idle gold with people and put it to productive use, two schemes were on Wednesday unveiled by the Indian government -- one on physical deposit of the metal against its rupee value on paper and the other for issuing sovereign bonds.

Now, get tax-free interest on gold deposits

Last Updated: Wednesday, September 9, 2015, 13:18

The Cabinet on Wednesday approved the gold monetisation scheme, which proposes to offer tax-free interest to individuals on depositing the yellow metal with banks.