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Gold, silver ease on global cues, fall in demand

Last Updated: Tuesday, September 8, 2015, 15:39

Amid weak global cues and slackened demand from jewellers and retailers, gold prices drifted by Rs 140 to Rs 26,700 per ten gram at the bullion market Tuesday.

Gold struggles near 2-1/2-week low on US jobs data

Last Updated: Monday, September 7, 2015, 08:16

Spot gold dropped 0.3 percent to $1,118.73 an ounce by 0040 GMT. The metal had fallen to $1,116.75 on Friday, the lowest since Aug. 19, posting a second straight weekly loss.

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.

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 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 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.

Spooked investors seek other havens over gold, for now

Last Updated: Tuesday, August 25, 2015, 23:39

As a broad rule, bullion tends to benefit from stock market weakness as an alternative asset, but previous equity crashes show the initial price response can be to fall.

Gold at fresh 3-month high on seasonal demand, silver weakens

Last Updated: Monday, August 24, 2015, 15:09

However, silver met with resistance at prevailing levels and traded lower by Rs 300 to Rs 36,300 per kg.

Gold stands tall at seven-week high on China fears amid equities rout

Last Updated: Monday, August 24, 2015, 08:13

Gold rose to as much as $1,168.40 on Friday, its highest since July 7. It gained more than 4 percent last week, the most since mid-January.