India's gold demand likely to rise in second quarter: WGC

Last Updated: Thursday, May 14, 2015, 09:44

Indian demand for gold is likely to increase in April-June from the first quarter due to strong buying during a major festival, lower prices and robust economic growth, the World Gold Council said on Thursday.

Gold price zooms Rs 315, silver surges Rs 700 on global cues

Last Updated: Wednesday, May 13, 2015, 15:46

Gold regained its sheen Wednesday by soaring Rs 315 to Rs 27,565 per 10 grams at the bullion market, tracking a firm global trend along with jewellers buying to meet wedding season demand.

Asia gold demand hit by weak local currencies; Indian prices at discount

Last Updated: Friday, May 8, 2015, 12:31

Gold buying across Asia was sluggish this week despite prices holding below USD 1,200 an ounce, as consumers waited for more clarity on market direction, with demand also hit by weak local currencies.

Gold price recovers on wedding season demand, global cues

Last Updated: Wednesday, April 22, 2015, 16:36

Gold prices recovered by Rs 100 to trade at Rs 27,200 per 10 gm at the bullion market Wednesday on the back of buying by jewellers, driven by wedding season amid a firm global trend.

Akshaya Tritiya: People rush to buy gold; jewellery sales up 10-20%

Last Updated: Wednesday, April 22, 2015, 09:17

The craze for gold was on full display Tuesday, especially in the South, on Akshaya Tritiya, as people rushed to buy the metal, pushing jewellery sales up by 10-20 percent although prices fell across major cities, except Chennai.

Akshaya Tritiya: Jewellery sales up 10-20% as gold price dips

Last Updated: Tuesday, April 21, 2015, 23:40

The craze for gold was on full display Tuesday, especially in the South, on Akshaya Tritiya, as people rushed to buy the metal, pushing jewellery sales up by 10-20 percent although prices fell across major cities, except Chennai.

Gold demand muted on Akshay Tritiya, buyers hope for lower prices

Last Updated: Tuesday, April 21, 2015, 16:07

Gold purchases in India started slowly on Tuesday, a festival day, despite a fall in local prices, as hard times in rural areas have hit demand and many buyers are holding back because they expect prices to fall even further.

Gold price fails to shine on Akshaya Tritiya, closes at Rs 27,100 per 10 grams

Last Updated: Tuesday, April 21, 2015, 15:34

Gold prices fell by Rs 100 to close at Rs 27,100 per 10 grams at the bullion market Tuesday as the auspicious 'Akshaya Tritiya' festival failed to generate any substantial buying activity for the precious metal amid a weak global trend.

Akshaya Tritiya: Gold prices fall on weak global cues

Last Updated: Tuesday, April 21, 2015, 13:49

Gold prices fell marginally by 0.15 percent to Rs 26,797 per ten grams in futures trade Tuesday as speculators trimmed their positions, taking weak cues from the global markets.

Akshaya Tritiya: NSE, BSE extend gold ETF trading hours

Last Updated: Tuesday, April 21, 2015, 09:16

Leading stock exchanges NSE and BSE have decided to extend trading hours for Gold Exchange Traded Funds (ETFs) till 7 PM on Tuesday, on account of Akshaya Tritiya.

Akshaya Tritiya today, lower prices expected to boost gold demand

Last Updated: Tuesday, April 21, 2015, 08:41

Sales are expected to rise as there is a "positive" buying sentiment this year with gold prices ruling stable at around 26,000 per 10 grams.

Gold price eases on sluggish demand, global cues

Last Updated: Tuesday, April 14, 2015, 15:11

After a three-day gaining streak, gold prices on Tuesday drifted by Rs 70 to Rs 27,050 per ten grams at the bullion market owing to slackened demand at prevailing levels amid a weak global trend.