Gold sales down by 50% on Dhanteras

Last Updated: Saturday, November 2, 2013, 09:36

Gold shipments are down as import duty has been hiked to 10 percent from 8 percent to address the ballooning current account deficit situation.

With gold scarce, festival season loses its shine

Last Updated: Friday, November 1, 2013, 19:25

A scarcity of gold and high prices are pushing Indians to look to silver or diamond jewellery as alternative gifts this festive season, adding to the gloom in the gold trade after government measures to restrict imports.

Demand slump dampens Dhanteras fest; gold fever cools down

Last Updated: Friday, November 1, 2013, 19:12

The shiny metal continued its uninterrupted downfall and lost another Rs 170 to finish at a two-week low of Rs 30,510 per 10 grams.

Gold may remain between Rs 28K to Rs 33K by year-end

Last Updated: Friday, November 1, 2013, 18:28

Though there is some weakness in international market but we may see an upside of around Rs 31,000 in gold in MCX due to supply squeeze.

Gold falls on weak global cues despite 'Dhanteras' buying

Last Updated: Friday, November 1, 2013, 16:26

After losing Rs 1,120 in last four sessions, gold fell further by Rs 50 to Rs 31,400 per ten gram in Delhi bullion market Friday.

Gold price retraces Rs 30,000 level in futures trade

Last Updated: Friday, November 1, 2013, 13:32

Gold prices gained by Rs 211 to Rs 30,004 per ten grams in futures trade Friday.

Gold price today: Latest updates

Last Updated: Friday, November 1, 2013, 12:58

Paring some part of their early gains, gold prices fell below Rs 30,000 level in futures trade Friday.

Narendra Modi expands Gujarat Cabinet

Last Updated: Friday, November 1, 2013, 12:07

Gujarat Chief Minister Narendra Modi on Friday inducted six new faces in his Council of Ministers at a ceremony held here on Friday on the auspicious day of `Dhanteras`.

`ETFs is the best way to invest in gold`

Last Updated: Friday, November 1, 2013, 10:18

This Dhanteras, buying should only be for customarily purpose not for investment purpose.

Gold traders struggle for supplies despite record premiums

Last Updated: Wednesday, October 30, 2013, 18:41

Gold traders in India, the world's biggest buyer of the metal, struggled to find supplies amid low demand ahead of Dhanteras, the biggest gold buying festival, even as premiums stayed at record highs.

Dhanteras: Gold may cross Rs 33,000 level on supply squeeze

Last Updated: Sunday, October 27, 2013, 13:05

Gold prices may cross the Rs 33,000 level on 'Dhanteras', a day considered auspicious for buying the precious metal, on account of rising demand amid tight supplies, experts and bullion traders say.

'India Inc to slash festive budgets, give out lower bonuses'

Last Updated: Sunday, September 8, 2013, 12:39

"Due to steep fall in rupee, the budget on Diwali and other ensuing festivals like Dhanteras and Christmas may see a cut of 40 percent this year," said Assocham Secretary General D S Rawat.