Page 57 - Gold Prices

Gold prices fall by Rs 150 to Rs 30,700 on muted demand, global cues

Traders said a weak trend overseas as rising dollar eroded appeal of the precious metals as safe haven investment influenced prices at domestic markets

Gold up Rs 80 on jewellers' buying, silver touches Rs 41k mark

Gold goes up Rs 80 to Rs 30,780 per ten gram at the bullion market on Tuesday, Silver also recaptured the Rs 41,000-mark by surging Rs 520 to Rs 41,270 per kg

Gold prices move down slightly, silver remains flat

Globally, gold rose 0.41% to $1,296.10 an ounce and silver by 0.44 per cent to $17.13 in Singapore

Market bets on gold price rebound in second half of 2018

US interest rate hikes will keep prices subdued in first half; geopolitical problems to ensure fall won't be steep

Gold tanks by Rs 548 to Rs 38,857 on global trend, silver sheds Rs 1,190

Silver prices also witnessed correction, falling Rs 1,190 to Rs 47,090 per kg, from Rs 48,280 per kg on Friday.

Lower gold prices fail to spark post-Diwali lull in demand

Prices in India were at premium of up to $3 an ounce over official domestic prices this week, up from $2 last week

Samvat 2075 ends with highest returns for gold investors in eight years

In this Samvat, investors earned 20.4 per cent from gold. The last year in which returns from gold were as good, was Samvat 2067 and 2068, though 2072 was not bad either

Gold price firms on softer dollar but narrow range holds

It is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion

Gold climbs Rs 170 to Rs 31,820 per 10 gram on global cues, wedding demand

Globally, gold rose 0.40 per cent to USD 1358.70 an ounce and silver by 0.36 per cent to USD 16.88 an ounce in Singapore

Higher prices may dampen Diwali for jewellers, sales may drop by 30%

The jewellery industry is looking at a dark Dhanteras and Diwali as it expects sales to decline at least 30 percent over last year in spite of the ongoing price corrections. The industry's only hope is in falling prices, which had scaled a record of Rs 4,000 a gram last month, to get better footfalls. Currently, the metal is trading at around Rs 3,800 to a gram. In 2018, the industry managed to close with flat sales over 2017 Diwali season. "Gold prices have soared to Rs 40,000 per 10 gram last month, just in the beginning of the festival season and still remains high. This has further dampened the already weak consumer sentiment. "But if prices continue to correct during this week there may be some improvement in retail demand. However, the overall business will still be 30 percent lower than last year," All-India Gem & Jewellery Domestic Council chairman Anantha Padmanaban told PTI on Tuesday. World Gold Council managing director for India Somasundaram PR said ..

Indians sell record amount of old gold as prices hit 7-year-high

Consumers sold 37.9 tonnes of the yellow metal in June quarter, says World Gold Council

Indian gold price discounts remain sluggish, Chinese premiums stable

India's gold imports will probably drop in the second half of the year from the first six months

Gold records biggest discount in 7 months, higher prices hurt retail demand

Prices have risen due to GST, under which tax rate jumped to 3% from 1.2% previously

New gold policy likely soon

The policy would include the setting up of a gold spot exchange for transparent trading

Gold prices flip to discount on muted wedding season demand

India's gold consumption is likely to drop to its lowest in eight years in 2017, the World Gold Council said last week

Gold sheds Rs 150 to Rs 30,250 per 10 gm on weak global cues, tepid demand

Globally, gold fell 0.69% to $1,274.60 an ounce in New York on Thursday

Higher gold prices, low growth in Q1 take the shine off Titan stock

Analysts believe that market share gains, revenue visibility, margin expansion and return ratios could support valuations

Gold price touch new record high, silver follows suit on strong global cues

Gold prices have been surging for the last few days and had hit Rs 36,970 mark on Monday

Now, banks can directly buy gold from depositors for monetisation plan

With relaxation, one can also deposit with refiners and purity testing centres

As credit crunch bites, Indians pawn off family gold for quick funds

The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices