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.

Gold extends losses, down Rs 190 on global cues, low demand

Last Updated: Thursday, September 3, 2015, 15:09

Silver, however, recovered by Rs 300 to Rs 35,300 per kg on increased offtake by industrial units and coin makers.

Gold halts three-day rally; slips Rs 60 on weak global cues

Last Updated: Wednesday, September 2, 2015, 14:03

Silver too turned weak and fell by Rs 150 to Rs 35,000 per kg on reduced offtake by industrial units and coin makers.

Govt raises import tariff on gold to $369

Last Updated: Tuesday, September 1, 2015, 19:04

The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.

Gold tops Rs 27,000-mark on global cues, seasonal demand

Last Updated: Tuesday, September 1, 2015, 15:23

Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market on Tuesday in line with a firm global trend amid pick up in wedding season buying by jewellers.

Gold gains as equities, dollar retreat, Fed hike view caps rise

Last Updated: Tuesday, September 1, 2015, 08:11

Fed Vice Chairman Stanley Fischer said on Saturday that US inflation will likely rebound as pressure from the dollar fades, allowing the US central bank to raise interest rates gradually.

Gold, silver extend gains on jewellers buying, global cues

Last Updated: Monday, August 31, 2015, 14:23

Silver also advanced by Rs 200 to Rs 35,000 per kg on increased offtake by industrial units and coin makers.

Gold, silver recover on jewellers buying, global cues

Last Updated: Friday, August 28, 2015, 15:32

After falling for three straight days, gold prices recovered by Rs 50 to Rs 26,700 per ten grams at the bullion market Friday, supported by fresh purchases by jewellers to meet seasonal demand amid a firming global trend.

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 falls for 4th day as US data boosts stocks, dollar

Last Updated: Thursday, August 27, 2015, 19:44

Spot gold was down 0.5 percent at $1,119.35 an ounce at 1345 GMT, and US gold futures for December delivery were down $5.30 an ounce at $1,119.30.

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 falls on dollar, investors monitor China, Fed policy

Last Updated: Wednesday, August 26, 2015, 18:23

Gold slipped one percent on Wednesday as the dollar gained and European shares recouped some of their losses, while investors closely monitored China`s efforts to support its economy.