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 »
