Slack demand pulls down gold prices
Silver held steady at Rs 37,950 per kg on scattered demand from industrial units and coin makers.
Sep 11, 2018, 15:25 PM ISTGold rises on positive global cues, jeweller-buying
Silver also staged a recovery and traded higher by Rs 50 to Rs 37,850 per kg due to increased offtake by industrial units and coin makers.
Aug 24, 2018, 14:41 PM ISTGold remains up on festive demand, global cues
However, silver eased by Rs 50 to Rs 38,100 per kg due to reduced offtake by industrial units and coin makers.
Aug 22, 2018, 15:45 PM ISTFestive cheer, global cues keep gold up at Rs 30,600
While the yellow metal rose by Rs 180, silver gained Rs 50 to Rs 38,150 per kg on increased offtake by industrial units and coin makers.
Aug 21, 2018, 17:04 PM ISTGold slips to 1-year low as US dollar firms
Gold is highly exposed to interest rates, particularly in the United States, as higher rates lift the opportunity cost of holding non-yielding assets and boost the dollar, in which gold is priced.
Jul 19, 2018, 16:07 PM ISTGold zooms Rs 330 on firm global cues, silver regains Rs 42K-mark
Silver followed suit and reclaimed the Rs 42,000-mark by rising Rs 450 to Rs 42,400 per kg due to increased offtake by industrial units and coin makers.
Jun 15, 2018, 16:14 PM ISTGold rises Rs 150 on jewellers' buying; silver slips
Silver, however, succumbed to selling pressure and shed Rs 10 to Rs 41,550 per kg.
Jun 13, 2018, 16:21 PM ISTGolds slips below Rs 32,000-mark on global cues, muted demand
Silver followed suit and cracked below the Rs 41,000-mark by plunging Rs 650 to Rs 40,450 per kg.
Jun 11, 2018, 15:03 PM ISTGold slips on sluggish demand, weak global cues
However, silver prices rose by Rs 50 to Rs 40,500 per kg on scattered enquiries from industrial units and coin makers.
Jun 05, 2018, 14:17 PM ISTGold snaps 3-day slide on jewellers' buying
However, silver continued to remain under selling pressure and shed another Rs 50 to Rs 40,450 per kg.
Jun 04, 2018, 15:25 PM ISTGold weakens on muted demand; silver recovers
On the other hand, silver reclaimed the Rs 41,000 mark by rising Rs 350 per kg due to increased offtake by industrial units and coin makers.
May 31, 2018, 17:13 PM ISTGold tops Rs 32,000-mark on jewellers' buying, global cues
However, silver remained under selling pressure and lost another Rs 200 to Rs 40,700 per kg.
May 30, 2018, 14:33 PM ISTGolds slips below Rs 32,000 on global cues, plunges Rs 405
Silver followed suit and cracked Rs 41,000-mark by falling Rs 370 to Rs 40,830 per kg.
May 28, 2018, 14:53 PM ISTGold surges Rs 350 on global cues, high demand
Silver also shot up by Rs 250 to Rs 41,550 per kg due to increased offtake by industrial units and coin makers.
May 25, 2018, 15:22 PM ISTGold extends gains on global cues, jeweller buying
Silver, however, met with resistance at prevailing higher levels and shed Rs 100 to Rs 41,300 per kg.
May 24, 2018, 15:45 PM ISTGold touches Rs 32,000 on jewellers' demand
Silver also strengthened by Rs 300 to Rs 41,400 per kg due to increased offtake by industrial units and coin makers.
May 23, 2018, 15:41 PM ISTIndia gold discounts widen to most in two months; demand up elsewhere
Dealers in India were offering a discount of up to $4 an ounce over official domestic prices this week, the most since March 24.
May 18, 2018, 18:13 PM ISTGold slumps by Rs 430 on muted demand, weak global cues
Silver followed suit and lost Rs 250 to Rs 40,650 per kg due to reduced offtake by industrial units and coin makers.
May 16, 2018, 16:43 PM ISTGold prices surge by Rs 165 to Rs 32,450 per ten gram
Silver slumped below the Rs 41,000-mark by falling Rs 400 to Rs 40,900 per kg due to reduced offtake by industrial units and coin makers.
May 15, 2018, 14:43 PM ISTGold prices softened by Rs 115 to Rs 32,285 per ten gram
Traders said fading demand from local jewellers and retailers at current higher levels led to decline in gold prices, though a firm trend overseas capped the fall.
May 14, 2018, 15:46 PM IST