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 price rebounds on renewed demand, seasonal support

Last Updated: Saturday, September 5, 2015, 15:55

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.

India's gold demand could hit 950 tonnes as prices fall: Valcambi

Last Updated: Saturday, August 22, 2015, 22:44

India`s gold demand might reach 950 tonnes this year as lower prices spur buying during the peak festival season and for weddings, the world`s biggest gold refiner, Valcambi, said.

India's Q2 gold demand falls 25% to 154.5 tonnes: WGC

Last Updated: Thursday, August 13, 2015, 12:44

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 extends gains on jewellers buying, positive global cues

Last Updated: Tuesday, June 9, 2015, 15:30

Supported by pickup in demand from jewellers and firming trend overseas, gold prices rose by Rs 20 to Rs 27,050 per ten grams at the bullion market Friday.

Gold extends gains on jewellers buying, positive global cues

Last Updated: Tuesday, June 9, 2015, 14:55

Gold prices rose by Rs 20 to Rs 27,050 per ten grams at the bullion market on Tuesday.

Gold demand slows as China eyes equities; lack of weddings in India weighs

Last Updated: Friday, May 22, 2015, 17:57

Gold buying was slow this week in Asia even as global benchmark prices dropped from a three-month high, with the Chinese hooked on surging equities while demand in India stayed weak and was unlikely to pick up as the wedding season cools.

India set to beat China in gold demand: WGC

Last Updated: Thursday, May 14, 2015, 20:15

India is likely to overtake China in terms of demand for gold this year to become the precious metal's top consumer on the back of a higher economic growth trajectory, a global industry body said on Thursday.

India's Q1 gold demand up 15%: WGC

Last Updated: Thursday, May 14, 2015, 14:27

The demand for gold in India for the first quarter (January-March) of 2015 was at 191.7 tonnes, up by 15 percent as compared to the corresponding period of 2014, World Gold Council (WGC) said in a report on Thursday.