Page 63 - Gold Prices

Gold rises to touch nearly 6-year-high of Rs 32,650 amid festive demand

This is the highest level since November 29, 2012 when the precious metal had closed at Rs 32,940 per ten gram

Gold hits six-year high of Rs 32,625 per 10g over festive season demands

Besides, a depreciating rupee, that made imports costlier also added to the uptrend in the gold prices

Domestic gold prices slump Rs 115 per 10g, global prices surge by 0.2%

Silver also eased by Rs 100 to Rs 41,300 per kg due to reduced offtake by industrial units and coin makers

Gold prices hit six-year high on festive buzz and firm global cues

According to bullion traders, overseas sentiments were boosted as gold traded at over three-month high amid an easing dollar and slumping equities

Rising gold prices have revived jewellery-buying sentiment in the past week

Better prices have set a robust trend for this festive season, but jewellers are sceptical about its continuation amid a weak rural demand after kharif crop damage

Gold spurts by Rs 45 to Rs 32,270 in Delhi on festive demand, global cues

Bullion market remained closed on Friday on the occasion of 'Dussehra'

Festival brings little activity to gold market as price rally hits buying

Meanwhile, demand was moderate in other major Asian centres

Robust festive season buying propels gold to five-year high of Rs 31,900

The price of standard gold hit its highest in five years at Zaveri Bazaar here, following a sharp increase in the international market and robust consumer demand this festive season.Data from the India Bullion and Jewellers Association (Ibja) showed standard gold was at Rs 31,900 per 10g in the spot bullion on Monday, up nearly 0.6 per cent from its previous close of Rs 31,735 per 10g. The rise has been on for four days in a row.Silver also rose here, to trade at Rs 38,540 a kg.The jump in gold indicates renewed consumer interest as a safe-haven investment avenue amid a volatile stock market, continuous depreciation in the rupee against the dollar, sustained rise in crude oil prices and uncertainty on real estate. Disappointing short-term returns in other investment options, including equities, has prompted investors to take advantage of the current low gold prices abroad."Robust buying sentiment was seen on Monday after the 15 days of inauspicious Shraddha Paksha which ended ...

Gold prices climb Rs 130 following uptick in festive season demand

Besides, the rupee depreciating to a life-time low of 74.50 (intra-day) against the dollar, making imports costlier, too supported the uptrend in gold

Gold firms up on bargain hunting despite dollar being in upward trajectory

A higher dollar makes bullion more expensive for holders of other currencies, curtailing demand

How survival rate of a baby girl in India falls when gold prices go up

Dowries impose a considerable tax on girls' families, with estimates indicating that in South Asia it is six times the average annual household income

Gold slumps Rs 250 to Rs 31,450/10 grams on weak global cues, low demand

Gold fell 0.68 per cent to USD 1,198.70 an ounce and silver 0.38 per cent to USD 14.25 an ounce in New York in Friday's trade

Gold recovers on jewellers' purchases to hit Rs 31,420, silver remains weak

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 20 each to Rs 31,420 and Rs 31,270 per 10 grams, respectively after losing Rs 225 in the last two days

Gold prices zoom by Rs 250 at bullion market on global cues, festive demand

Globally, gold rose 1.75 per cent to $1,205.30 an ounce and silver gained 2.14 per cent to $14.77 an ounce in New York

Gold rebounds to Rs 30,700 on jewellers' buying; silver tops Rs 39,000-mark

Sovereign, however, remained steady at Rs 24,600 per piece of eight grams in scattered deals

Gold extends rally from 17-month low, stronger dollar caps gains

Spot gold was up 0.2 per cent at $1,215.71 an ounce at 0410 GMT, building on its 0.5 per cent gain on Friday

Gold prices surge amid weakening dollar and US-China trade war tensions

Spot gold was 0.4 per cent higher at $1,258.61 an ounce, as of 0351 GMT, while US gold futures for August delivery were up 0.3 per cent at $1,259.90 an ounce

Gold prices hover near six-month low as dollar firms amid risk aversion

The dollar index was steady at 94.674 after gaining 0.4% overnight to snap a four-session losing run

Gold, silver prices turn weak on global cues, subdued demand

Gold prices fell by Rs 120 per ten grams at the bullion market

Gold prices edge up after 6-month low; dollar retreats from 11-month peak

Russia produced 51.6 tonnes of gold in the first three months of 2018