Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

Gold declines by Rs 125, silver Rs 400 on weak demand

Last Updated: Thursday, October 4, 2012, 18:08

Gold prices lost Rs 125 to Rs 31,575 per 10 grams in the national capital today on weak demand at prevailing higher levels amid strengthening rupee.

Gold rises for sixth straight day; up Rs 150 at Rs 30,310 per 10 grams

Last Updated: Thursday, July 26, 2012, 17:02

Gold on Thursday rose for the sixth straight session and gained Rs 150 to Rs 30,310 per 10 grams on sustained buying ahead of the festive and marriage season amid a firming global trend.

Gold regains Rs 30K level on strong festive demand, global cues

Last Updated: Wednesday, July 25, 2012, 15:48

Gold on Wednesday regained the psychological level of Rs 30,000 per 10 grams on brisk buying by stockists and jewellers to meet the demand for the upcoming festive season amid a firming global trend.

Gold futures extend gains on global cues, spot demand

Last Updated: Thursday, June 14, 2012, 11:23

Buoyed by firming trend overseas, gold continued its winning streak to trade 0.33 percent higher in futures trade on Thursday as speculators engaged in building positions.

Gold down by Rs 75 on weak global cues, subdued demand

Last Updated: Saturday, February 25, 2012, 14:41

In New York, gold fell by USD 6.50 to USD 1,773.60 an ounce on Friday night.

Gold pauses after rally, monetary easing hopes support

Last Updated: Thursday, February 23, 2012, 14:48

Spot gold edged lower on Thursday, taking a breather after hitting a three-month high in the previous session, while sentiment remains supported on hopes of further monetary easing after sluggish economic data from the eurozone and China.

Gold, silver rebound on seasonal demand, firm global cues

Last Updated: Tuesday, February 21, 2012, 15:46

Both the precious metals, gold and silver, rebounded, Tuesday on buying by stockists and jewellers for the ongoing marriage season demand amid firming global trend.

Gold regains 28K, silver up Rs 1,600 on firm global trend

Last Updated: Wednesday, January 4, 2012, 15:56

Buoyed by a firming global trend, gold prices rose further by Rs 225 to Rs 28,120 per 10 grams, while silver spurted by Rs 1,600 to Rs 53,200 per kg in the bullion market here, Wednesday on increased offtake.

Gold gains Rs 255, silver Rs 200 on increased buying

Last Updated: Tuesday, January 3, 2012, 15:50

Both gold and silver rose in the bullion market here, Tuesday on increased buying by stockists and jewellery makers for the marriage season amid a firming global trend.

Gold's 10% gain in 2011 extends run to 11th year

Last Updated: Saturday, December 31, 2011, 10:27

Bullion posted a gain of 10 percent for 2011, its smallest annual rise in three years. It remains down 18 percent from a record USD 1,920.30 set in September, and finished the fourth quarter with its first quarterly loss in more than three years.

Gold heads into new year with final quarter loss

Last Updated: Friday, December 30, 2011, 09:12

Spot gold is ending 2011 on a weak note after ten consecutive annual gains, heading for its first quarter of losses in more than three years and a new year likely to be dominated by worries about economic growth and sovereign debt.