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Gold turns weak on global cues, sluggish demand

Last Updated: Saturday, October 8, 2011, 15:15

Both the precious metals, gold and silver, fell on the bullion market today on profit-selling by stockists, amid a weak trend in overseas markets.

Gold drops further by Rs 700, silver sheds Rs 1,700

Last Updated: Friday, August 26, 2011, 17:06

Gold and silver registered their biggest single-day decline in 18 months in the bullion market here today on frantic selling by stockists, triggered by a meltdown in global markets.

Gold rallies to record high of Rs 26,680 on global cues

Last Updated: Wednesday, August 17, 2011, 15:50

Gold prices Wednesday surged further by Rs 430 to touch an all-time high of Rs 26,680 per 10 grams here, tracking firm trends in the global markets where adverse economic conditions boosted the metal's appeal as a protection of wealth.