Gold prices fall by 0.21 per cent in futures trade on global cues
Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their position. Market analysts said the fall in gold futures was mostly due to a weakening trend in the global market. At the Multi Commodity Exchange... read more »
Gold Falls by Rs 45 to Rs 27,265 on Sluggish Demand
New Delhi: In a mixed pattern of trading, gold prices declined by Rs 45 to Rs 27,265 per 10 grams at the bullion market on Monday, owing to slackened demand from jewelers at prevailing levels even as metal rise in global markets. Silver, however, found fresh buying support from industrial users and... read more »
NEW DELHI: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per duty, a finance ministry official said. “On import duty (on gold) there is no decision at the moment. Import duty whatever has to be done will form... read more »
With gold prices falling, jewellers increase inventory levels
Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the Diwali festival and the marriage season. Almost a fourth of that has been used to replenish... read more »
More from Gold & Metals
Gold tumbles, dips to over 3-month low on global cues
Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global... read more »
Gold inches up for third day; Fed eyed for rate outlook
SINGAPORE: Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the US central... read more »
Gold, silver up on increased buying, firm global cues
Gold prices rose further by Rs. 10 to Rs 27,460 per 10 grams in the national capital on Tuesday, on increased buying by jewellers and retailers for the upcoming festive season amid a... read more »
Gold price ends at fresh 3-month low of Rs 27,415 per ten gram
New Delhi: Gold prices fell further by Rs 195 to close at fresh three-month low of Rs 27,415 per ten gram in the national capital Friday on continued selling by stockists, driven by... read more »
Gold at three-month low on global cues
Extending losses for the eighth straight day, gold prices tumbled to trade at a three-month low of Rs. 27,600 per ten gram by falling Rs. 150 in the national capital on Tuesday on sustained selling... read more »
