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Gold will rebound only if long dollar trade is unwound

Last Updated: Tuesday, August 18, 2015, 18:36

It is very likely that the day the Fed announces its first rate hike, gold will be in the green, provided the dollar long trade is unwound.

Gold price tanks 4.58% for week; closes at Rs 26,120

Last Updated: Sunday, May 19, 2013, 17:04

Gold resumed sharply lower at Rs 27,045 and slumped further to finish at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.

Gold rate in Delhi today

Last Updated: Saturday, May 11, 2013, 15:41

Gold prices declined by Rs 125 to Rs 27,700 per ten grams in the national capital Saturday on sustained selling by stockists amid a weak global trend.

Gold makes govt richer by Rs 1 lakh cr in 2 yrs

Last Updated: Sunday, November 20, 2011, 20:11

Value of gold in the government's kitty has grown by over Rs 1,00,000 crore in about two years, helped by a sharp rally in the bullion price.

Gold, silver tumble on heavy speculative sell-off

Last Updated: Wednesday, October 5, 2011, 19:43

Sell-off in the precious metals overseas took a heavy toll on the domestic bullion market here on Wednesday as prices of gold and silver dropped sharply under the impact of frantic unwinding by speculators and traders.