Gold eyes worst week in five as strong US data fuels Fed hike view

Last Updated: Friday, August 28, 2015, 09:27

Gold was stuck near recent lows on Friday and was on track to post its biggest weekly drop in five as strong U.S. economic data backed the case for a near-term increase in interest rates.

Gold price extends weakness, dips below Rs 27,000 on global cues

Last Updated: Thursday, August 27, 2015, 15:41

Tracking a weak overseas trend and slackened demand from jewellers at prevailing levels, gold continued its losing streak for the third straight day and tumbled by Rs 380 to Rs 26,650 in the national capital Thursday.

Gold, silver extend loss on weak global cues; easing demand

Last Updated: Wednesday, August 26, 2015, 15:43

Tracking a weakening trend overseas and fall in demand from jewellers at prevailing levels, gold prices drifted for the second straight day by losing another Rs 330 to Rs 27,030 per ten grams at the bullion market Wednesday.

Gold price retreats from 3-month high, halts 2-week rally on global cues

Last Updated: Tuesday, August 25, 2015, 15:36

Snapping its two-week winning streak, gold prices on Tuesday retreated from three-month high by falling Rs 215 to Rs 27,360, tracking a weak global trend amid fall in demand from jewellers at prevailing levels.

Gold holds below seven-week high as dollar, equities recover

Last Updated: Tuesday, August 25, 2015, 09:24

Gold hovered below a seven-week high on Tuesday as equity markets and the U.S. dollar rebounded from a brutal selloff in the prior session that was fuelled by fears over the fate of the Chinese economy.

Gold prices extend gains, now at 3-month high

Last Updated: Saturday, August 22, 2015, 16:14

Gold's two-week winning run continued as its prices surged Rs 245 to a three-month high of Rs 27,425 per 10 grams.

India's imports of gold-silver alloy may almost double

Last Updated: Saturday, August 22, 2015, 16:11

India`s imports of dore, a semi-pure alloy of gold and silver, are rising fast and could nearly double this fiscal year, the head of the country`s top gold refiner said on Saturday.

Gold tops Rs 27,000-mark; surges Rs 480 to hit 2-month high

Last Updated: Friday, August 21, 2015, 15:59

Silver also advanced by Rs 200 to Rs 36,500 per kg on increased demand from industrial units and coin makers.

Gold price at over 6-week high, ends at Rs 26,700 per 10 grams

Last Updated: Thursday, August 20, 2015, 15:32

Extending its rally for the eleventh day, gold surged by Rs 365 to over six-week high of Rs 26,700 Thursday amid a firming trend in global markets and buying by jewellers to meet the wedding season demand.

Gold price climbs to 5-week high as Sept Fed hike hopes fizzle

Last Updated: Thursday, August 20, 2015, 12:51

Spot gold has now recovered nearly 6 percent from a 5-1/2-year low of USD 1,077 reached in a late July rout.

Gold price rises for 10th day, ends at Rs 26,335 per 10 grams

Last Updated: Wednesday, August 19, 2015, 15:16

On its tenth-straight day of gain, gold added another Rs 25 to Rs 26,335 at the bullion market Wednesday largely on firming global trend along with continued seasonal buying by jewellers.