Bullion

Bullion sinks to lowest in 15 months on robust US data

Gold tumbled to its lowest level in around 15 months after better-than-expected US jobs data boosted the dollar, dampening safe-haven appetite for bullion and pushing silver and platinum to multi-year lows. 

Oct 06, 2014, 13:01 PM IST

Gold, silver tumble on fall in demand, weak global cues

Silver followed suit and eased by Rs 450 to Rs 38,200 per kg on poor offtake by industrial units and coin makers.

Oct 04, 2014, 15:33 PM IST

Gold drops close to erasing this year's gains on rising rates

Gold declined 0.5 percent to USD 1,208.66 an ounce. Silver also eased by 0.5 percent to USD 17.02 an
ounce.

Oct 03, 2014, 16:09 PM IST

Gold looks likely to test $1,200; silver slumps to four-year low

Silver`s sell-off extended to a second session on Monday, with the metal tumbling to a four-year low, as investors unwound long positions amid strength in the dollar and the possibility of a sooner-than-expected U.S. rate hike.

Sep 22, 2014, 13:30 PM IST

Gold, silver rebound on global cues

Traders said sentiments turned better after gold recovered from an eight-month low in global markets on speculation that reduced prices may spur purchases before the Federal Reserve begins a two-day policy meeting.

Sep 15, 2014, 15:46 PM IST

Gold price slips to trade near 3-month low on rate hike fears

Gold slipped on Wednesday to trade near its lowest in three months as speculation over an early US interest rate hike strengthened the dollar and dulled bullion`s appeal. 

Sep 10, 2014, 09:15 AM IST

Gold price hits 2-month high to regain Rs 29,000 level

Gold prices again crossed the Rs 29,000-mark to hit over two-month high by rising Rs 300 to Rs 29,100 per ten gram in the national capital Monday, mostly in tandem with a firming trend overseas as worsening tensions in Iraq fuelled safe-haven demand.

Sep 09, 2014, 00:46 AM IST

Gold price extends losses for 7th day; ends the week at Rs 27,750 per 10 grams

Extending losses for the seventh straight session, gold shed another Rs 20 to close at Rs 27,750 per 10 grams in the national capital on sustained selling by stockists against easing demand from jewellers and retailers, even as the metal recovered in global markets.

Sep 06, 2014, 17:42 PM IST

Gold falls to Rs 27,860 on sluggish demand

Silver too remained under pressure and prices fell by another Rs 150 to Rs 42,200 per kg on lack of buying support from industrial units and coin makers.

Sep 04, 2014, 15:15 PM IST

Gold dips below Rs 28,000-level on weak global cues

Silver also fell by Rs 350 to Rs 42,350 per kg on reduced offtake by coin makers.

Sep 03, 2014, 15:39 PM IST

Gold struggles near 2-1/2-month low as stronger dollar weighs

Spot gold ticked up slightly to $1,268.16 an ounce by 0630 GMT, not far from $1,262.42, its lowest since mid June.

Sep 03, 2014, 15:16 PM IST

Gold extends losses on global cues, tumbles Rs 155

Silver also declined by Rs 100 to Rs 42,700 per kg on reduced offtake by industrial units and coin makers.

Sep 02, 2014, 15:29 PM IST

Gold extends losses, down Rs 90 on sluggish demand

Gold prices fell further by Rs 90 to close at Rs 28,175 per ten gram in the national capital on Monday on sluggish demand from jewellers and retailers.

Sep 01, 2014, 14:53 PM IST

Govt reduces tariff value on gold, silver

The government on Friday reduced the import tariff value on gold and silver to USD 420 per 10 grams and USD 645 per kg, respectively, taking cues from firm global prices.

Aug 29, 2014, 18:18 PM IST

Gold futures surge on global cues

Gold prices rose by Rs 95 to Rs 27,875 per 10 grams in futures trade on Thursday as speculators enlarged positions taking positive cues from overseas markets.

Aug 28, 2014, 11:55 AM IST

Gold falls by Rs 100 on weak global cues, sluggish demand

Silver followed suit and lost Rs 645 at Rs 42,880 per kg on reduced offtake by industrial units and coin makers.

Aug 18, 2014, 15:18 PM IST

Gold price recovers marginally to Rs 28,750 per 10 grams

Silver also rebounded by Rs 275 to Rs 44,275 per kg on increased offtake by industrial units and coin makers.

Aug 12, 2014, 15:51 PM IST

Gold futures down on weak global cues, profit-booking

Globally, gold traded 0.20 percent lower at USD 1,306.48 an ounce in Singapore on Tuesday.

Aug 12, 2014, 11:07 AM IST

Gold at Rs 28,725 on global cues, subdued demand

Silver followed suit and fell further by Rs 50 to Rs 44,000 per kg on lack of buying support from industrial units.

Aug 11, 2014, 15:17 PM IST

Gold dips on firmer equities; Middle East, Ukraine eyed

Economic data and physical markets are not supportive of prices. Gold will range between $1,280 and $1,325 as long as geopolitical tensions remain.

Aug 11, 2014, 12:58 PM IST