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 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.

Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

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 recovers Rs 110 at Rs 26,840 on jewellers' buying

Last Updated: Monday, September 7, 2015, 15:20

However, silver eased Rs 325 to Rs 35,250 per kg due to reduced offtake by industrial units and coin makers.

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.

Gold prices in India back at discount on weak demand

Last Updated: Friday, September 4, 2015, 12:50

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.