Gold dips below Rs 28K level on weak global cues
Continuing its losing streak for the fourth straight day, gold prices dipped below the Rs 28,000-level by falling Rs 70 to hit over two-month low of Rs 27,950 per 10 grams in New Delhi on Wednesday on sustained selling by stockists amid a weakening global trend. Silver also fell by Rs 350 to Rs... read more »
Gold gains 230 on global cues, seasonal demand
Snapping its nine-day losing streak, gold prices recovered by Rs. 230 to Rs. 28,260 per 10 grams in the national capital on Tuesday on a firming trend overseas and emergence of buying by jewellers and retailers at existing levels. Silver also rose by Rs. 400 to Rs. 43,000 per kg on increased... read more »
Gold trading outlook: futures lower as dollar rises, data ahead
Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than previously expected US rate hike. The US dollar hovered near a 13-month peak, weighing on havens. Gold futures for December delivery on the Comex... read more »
Gold remains weak on sluggish demand; silver ends lower
NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in the national capital today due to slackened demand from jewellers and retailers even as the metal recovered overseas. Silver also eased by Rs... read more »
More from Gold & Metals
Gold, silver extend gains on sustained buying
Gold prices rose further by Rs 75 to Rs 28,200 per 10 grams on Thursday, extending Wednesday’s gains in New Delhi on increased buying by jewellers and retailers amid a firming global... read more »
Gold, silver rise on global cues
NEW DELHI: Gold prices rose by Rs 65 to Rs 28,125 per ten gram in the national capital on Wednesday on fresh buying by jewellers and retailers, tracking a firm global trend. Silver also... read more »
Jewellers want minify in import duty on gold
The gem and jewellery industry feels the Union budget 2014-15 should address the problem of availability of gold for the sector by tackling the twin hurdles of the 80:20 scheme and the 10... read more »
Gold Futures down by 0.15 % on weak Global Cues
Gold prices eased by 0.15 per cent to Rs. 27,803 per 10 grams in Wednesday’s futures trade as participants offloaded positions on weak cues from global markets. At the Multi Commodity... read more »
Gold extends losses on stockists selling, global cues
Continuing its losing streak for the third straight session, gold prices on Saturday drifted by Rs. 120 to Rs. 28,530 per ten gram in the national capital on sustained selling by stockists amid a... read more »
