Gold price slides 1% to five-year low as investors pull back

Last Updated: Wednesday, July 22, 2015, 21:24

Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week.

Govt mulls raising Rs 15,000 cr through gold bond scheme

Last Updated: Tuesday, July 7, 2015, 17:41

Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.

'Gold sovereign bonds to address import issues'

Last Updated: Friday, June 19, 2015, 19:12

Centre's gold sovereign bond scheme is expected to address pure investment demand for the yellow metal, says India Ratings and Research (Ind-Ra).

Gold continues to trade below Rs 30K

Last Updated: Thursday, November 28, 2013, 20:44

At the Multi Commodity Exchange (MCX), gold for delivery in December slipped further by Rs 49 to Rs 29,946 per ten grams after moving in range of Rs 29,911- Rs 30,016.

Gold price near 1-week high; physical demand drops off

Last Updated: Tuesday, November 26, 2013, 12:52

Gold last traded unchanged at USD 1,251.96 an ounce by 0339 GMT. It hit USD 1,256.49 in early trade, its highest since Nov. 20.

Gold ticks up as US government shutdown begins

Last Updated: Tuesday, October 1, 2013, 13:19

Gold edged higher on Tuesday as the US government shut down some of its operations after Congress failed to agree on a spending bill, but gains were limited as investors believe the stand-off will likely soon be resolved.

Gold price snaps 4-day losing streak; up Rs 320

Last Updated: Wednesday, September 25, 2013, 16:00

While gold gained Rs 320 to Rs 30,545 per ten gram after losing Rs 585 in last four sessions, silver recovered by Rs 390 to Rs 49,330 per kg, snapping Rs 2,260 losses of four days.

Gold edges up for second session; physical demand soft

Last Updated: Wednesday, September 25, 2013, 10:16

Gold ticked up for a second session on Wednesday, recovering after a 3 percent drop in as many days, but gains were limited by lacklustre physical demand and lingering uncertainty over the outlook for US economic stimulus.

Gold in tight range as stimulus uncertainty weighs

Last Updated: Wednesday, September 25, 2013, 09:14

Gold was trading in a tight range early on Wednesday amid lingering uncertainty over the outlook for US economic stimulus and lacklustre physical demand.

Gold firms after 3-day drop, Fed uncertainty persists

Last Updated: Tuesday, September 24, 2013, 13:22

Gold edged up on Tuesday after dropping for three sessions, but gains were limited as uncertainty over when the US Federal Reserve would begin tapering its stimulus dented bullion's appeal as a hedge against inflation.

Gold price to lose more gloss in 2014: GFMS

Last Updated: Thursday, September 12, 2013, 09:04

The consultancy expects gold prices to average USD 1,350 next year, down 7 percent from USD 1,446 in 2013, with support seen between USD 1,200 and USD 1,250.