Gold maintains upward trend on jewellers' buying, global cues

Last Updated: Monday, August 17, 2015, 15:31

Bullion traders said besides persistent buying by jewellers to meet seasonal demand, a firming global trend after China increased its bullion reserves and billionaire Stan Druckenmiller bought the metal, mainly aided the sentiments.

Gold imports jump 62.2% to $2.96 billion in July

Last Updated: Friday, August 14, 2015, 20:34

After declining in June, Gold imports jumped 62.2 percent to USD 2.96 billion last month, a development which will have adverse bearing on India's current account deficit (CAD).

Gold dips on low demand, global cues

Last Updated: Monday, August 3, 2015, 15:00

Globally, gold shed 0.3 per cent to USD 1,092.14 an ounce and silver dropped 0.1 per cent to USD 14.76 an ounce in Singapore.

Even hallmarked gold jewellery varies in purity

Last Updated: Friday, July 31, 2015, 15:08

The improvements to the hallmarking system in India are not only essential to a successful gold monetisation scheme but also help to boost the country's gold jewellery exports from the existing $8 billion to $40 billion in the next five years, it said.

Gold edges up on scattered buying, silver remains weak

Last Updated: Friday, July 31, 2015, 15:00

Silver, however, remained under selling pressure and shed Rs 50 at Rs 34,000 per kg.

Gold jewellery export may rise to $40 billion if quality improved

Last Updated: Thursday, July 30, 2015, 20:33

Gold jewellery exports could jump five-fold to USD 40 billion in the next five years if quality standards are improved, the World Gold Council said Thursday.

Gold tumbles Rs 190, hurt by low demand from jewellers

Last Updated: Tuesday, July 28, 2015, 15:27

Silver followed suit and declined by Rs 150 to Rs 34,050 per kg on reduced offtake by industrial units and coin makers.

After Valcambi acquisition, Rajesh Exports eyes Australian gold market

Last Updated: Tuesday, July 28, 2015, 11:06

"We are very very seriously looking ... We have a lot of interest coming from (Australia], we have made a list of interesting assets there and we will be taking that forward," said Rajesh Mehta, the company's chairman.