Akshaya Tritiya 2016: NSE, BSE extend gold ETF trading hours
Leading stock exchanges the NSE and BSE on Monday announced extension of trading hours for Gold Exchange Traded Funds (ETFs) till 1900 hrs on May 9, on account of Akshaya Tritiya.
May 09, 2016, 08:48 AM IST
Soaring prices may hit gold sales on Akshaya Tritiya
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
May 06, 2016, 10:43 AM IST
Government hikes import tariff value on gold and silver
The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. It is normally revised on a fortnightly basis.
Feb 10, 2016, 17:39 PM IST
Gold price loses sheen for 3rd straight year; softens by over Rs 1,000 per 10 grams in 2015
The gold prices have dipped by about 5 percent in 2015 as investors looked for other asset classes and the government sought to monetise the holdings lying idle with the households and institutions.
Dec 25, 2015, 19:15 PM IST
Government cuts import tariff value on gold & silver
Government on Friday slashed import tariff value on gold and silver to USD 354 per 10 grams and USD 470 per kg respectively, tracking weakness in global markets.
Nov 13, 2015, 19:32 PM IST
Gold extends gain on global cues, silver remains weak
Silver, however, remained under selling pressure and dipped below Rs 37,000 by falling another Rs 175 at Rs 36,900 per kg on poor off-take by industrial units and coin makers.
Oct 21, 2015, 14:43 PM IST
Gold weak on global cues, low demand; silver remains up
Weak global bullion market and tepid domestic demand continued pressure on gold prices. Gold closed at Rs 26,600 per 10 grams at the bullion market on Monday, but silver rallied to Rs 35,760 per kg.
Oct 05, 2015, 14:57 PM IST
Gold price posts biggest one-day gain this year, zooms by Rs 660 to Rs 26,810 per ten grams
In the national capital, gold of 99.9 and 99.5 percent purity zoomed by Rs 660 each, its biggest rise this year, to trade at Rs 26,810 and Rs 26,660 per ten grams respectively. It had gained Rs 600 previously on August 12.
Oct 03, 2015, 15:50 PM IST
Gold price tops Rs 27,000-level, surges Rs 400 to hit 1-month high
Continuing its rising streak for the third straight day, gold on Friday reclaimed Rs 27,000-mark by zooming Rs 400 to hit 1-month high of Rs 27,250 per 10 grams at the bullion market, tracking a firming trend overseas amid pick-up in jewellers' buying to meet rising wedding demand.
Sep 25, 2015, 15:38 PM IST
Gold eases to around one-month low as Fed meeting nears
Spot gold fell 0.3 percent to $1,103.68 an ounce by 1148 GMT. It had fallen to $1,098.35 on Friday, the lowest since Aug. 11.
Sep 15, 2015, 08:21 AM IST
Gold ends flat, silver turns weaker on reduced offtake
Silver, however, eased further by Rs 100 to Rs 34,800 per kg on lack of buying support from industrial units and coin makers.
Sep 14, 2015, 15:36 PM IST
Gold hovers near one-month low as traders eye Fed meeting
The Fed will kick off a much awaited two-day policy meet on Wednesday. Many expect traders to remain on the sidelines until the Fed statement on Thursday, though prices could drop because of persistent uncertainty.
Sep 14, 2015, 10:04 AM IST
Gold slips below Rs 26,000-mark on weak demand, global cues
Standard gold (99.5 purity) declined by Rs 40 to finish at Rs 25,960 per 10 grams from Friday's closing level of Rs 26,000.
Sep 12, 2015, 15:39 PM IST
Gold recovers Rs 110 at Rs 26,840 on jewellers' buying
However, silver eased Rs 325 to Rs 35,250 per kg due to reduced offtake by industrial units and coin makers.
Sep 07, 2015, 15:20 PM IST
Gold, silver extend gains on jewellers buying, global cues
Silver also advanced by Rs 200 to Rs 35,000 per kg on increased offtake by industrial units and coin makers.
Aug 31, 2015, 14:23 PM IST
Gold falls for 4th day as US data boosts stocks, dollar
Spot gold was down 0.5 percent at $1,119.35 an ounce at 1345 GMT, and US gold futures for December delivery were down $5.30 an ounce at $1,119.30.
Aug 27, 2015, 19:44 PM IST
Gold at fresh 3-month high on seasonal demand, silver weakens
However, silver met with resistance at prevailing levels and traded lower by Rs 300 to Rs 36,300 per kg.
Aug 24, 2015, 15:09 PM IST
Gold firms on weak US data, China caution lingers
Gold rallied to its highest since mid-July last week after Beijing`s mini-devaluation of the yuan, as analysts speculated that a weakening Chinese currency could prompt the Federal Reserve to postpone an expected rise in US interest rates.
Aug 18, 2015, 09:17 AM IST
Gold maintains upward trend on jewellers' buying, global cues
Bullion traders said besides persistent buying by jewellers to meet seasonal demand, a firming global trend after China increased its bullion reserves and billionaire Stan Druckenmiller bought the metal, mainly aided the sentiments.
Aug 17, 2015, 15:31 PM IST
