Last Updated: Thursday, July 23, 2015, 00:26
The gold rout this week has spurred a buying spree of bullion coins in the United States, dealers said, as government data showed sales for this month have hit their highest in more than two years.
Last Updated: Wednesday, July 22, 2015, 12:47
Though it is a perturbing sign for many investors who have parked their fund in bullion market, things might not be so gloomy for household Indian buyers.
Last Updated: Tuesday, July 21, 2015, 14:13
Here's looking at five reasons behind the decline in gold prices.
Last Updated: Tuesday, July 21, 2015, 03:37
Gold prices plunged more than 4 percent to five-year lows on Monday as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion`s biggest rout in years.
Last Updated: Monday, July 20, 2015, 16:26
Gold prices plunged as much as 4 percent to their lowest in more than five years on Monday as sellers in top consumer China offloaded the metal.
Last Updated: Monday, July 20, 2015, 16:05
Silver also fell further by Rs 150 to Rs 34,200 per kg on lack of buying support from industrial users and coin makers.
Last Updated: Monday, July 20, 2015, 09:23
"It looks like someone was taking advantage of the low liquidity environment at the moment. It`s a bit of speculative selling going on," said Victor Thianpiriya, analyst at ANZ Bank in Singapore.
Last Updated: Saturday, July 18, 2015, 15:40
Gold tumbled Rs 250 to trade at four-month low of Rs 26,000 per ten grams at the bullion market tracking a weak global trend.
Last Updated: Thursday, July 16, 2015, 15:09
Gold prices fell by Rs 120 to Rs 26,130 per 10 grams at the bullion market today, largely in tandem with a weakening trend overseas amid low demand from jewellers.
Last Updated: Tuesday, July 14, 2015, 19:17
Tracking a weak global trend, gold prices slipped by Rs 93 to Rs 25,931 per 10 grams in futures trade Tuesday as participants trimmed positions.
Last Updated: Monday, July 13, 2015, 08:24
Gold edged lower on Monday, dragged down by the euro after a weekend emergency summit to tackle Greece`s debt crisis yielded no deal and with the U.S. Federal Reserve still on track to raise interest rates this year.
Last Updated: Tuesday, July 7, 2015, 10:06
Gold has so far failed to see significant safe-haven bids sparked by the ongoing Greek crisis as fears of contagion seem to be limited. Strength in the dollar has also capped gains.
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