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GJF urges government to roll back customs duty on gold

23-07-2014| Source:PTI

It has also sought application of the 80:20 rule only beyond 55 tonne of gold needed per month to make jewellery. India needs around 650 tonne of gold to make jewellery.

Sell MCX Gold August; target of Rs 27500: Geojit

23-07-2014| Source:Moneycontrol.com

Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can sell MCX Gold August around Rs 28000 with a stop loss above Rs 28200 for the target price

MCX Goldguinea August contract trades flat

23-07-2014| Source:Moneycontrol.com

Goldguinea prices on MCX were trading flat on Wednesday. MCX Goldguinea August contract was trading at Rs 22827 up Rs 27, or 0.12 percent.

MCX Goldm September contract rises

23-07-2014| Source:Moneycontrol.com

Goldm prices on MCX were trading higher on Wednesday. MCX Goldm September contract was trading at Rs 28094 up Rs 39, or 0.14 percent.

Expect gold, silver prices to trade sideways today: Angel

23-07-2014| Source:Moneycontrol.com

According to Angel Commodities, MCX gold and silver prices are expected to trade sideways taking cues from international markets.

Expect downside to continue in gold: Nirmal Bang  

23-07-2014| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

MCX Gold October contract gains

23-07-2014| Source:Moneycontrol.com

Gold prices on MCX were trading with marginal gains on Wednesday. MCX Gold October contract was trading at Rs 28065 up Rs 94, or 0.34 percent.

Gold holds losses but finds support near $1,300

23-07-2014| Source:Reuters

Gold will drift lower in the second half of 2014, leading to a second yearly drop in the average price after a dizzying decade-long rally, as US monetary policy returns to normal and Asian demand

RBI relaxes norms for loans against gold ornaments

22-07-2014| Source:PTI

On December 30, banks had restricted the loans of up to Rs 1 lakh against pledge of gold ornaments and jewellery.

MCX Goldm September contract trades lower

22-07-2014| Source:Moneycontrol.com

Goldm prices on MCX slipped on Tuesday. MCX Goldm September contract was trading at Rs 28034 down Rs 152, or 0.54 percent.

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Jul 23, 2014 at 11:03 | Source: FirstPost
Jul 23, 2014 at 10:37 | Source: FirstPost
Jul 23, 2014 at 05:37 | Source: Calcutta Telegraph News

All Gold Contracts

Name Price Chg.%
GOLD (5 Aug) Rs 27912.00 0.06
GOLDGUINEA (31 Jul) Rs 22678.00 0.01
GOLDM (5 Aug) Rs 27942.00 0.01
GOLDPETAL (31 Jul) Rs 2859.00 -0.03
GOLDPTLDEL (31 Jul) Rs 2972.00 2.94

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,675.00 -0.17%
Birla Gold ETF 2,680.00 -0.81%
Gold BeES 2,582.37 -0.29%
HDFC Gold ETF 2,662.00 -0.67%
ICICI Gold ETF 2,668.00 -0.08%
Kotak MF-GETF 2,583.00 -0.12%
Quantum Gold 1,292.67 -0.64%
Religare Gold 2,485.00 -0.56%
Reliance GOLDMF 2,535.00 0.20%
SBI Gold ETF 2,639.55 -0.39%
UTI - Gold 2,572.02 -0.49%
IDBI Gold ETF 2,700.00 0.00%

Gold Weight Conversion Table

To convert from To Multiply by
Troy ounces Grams 31.1035
Million ounces Tonnes 31.1035
Grams Troy ounces 0.0321507
Kilograms Troy ounces 32.1507
Tonnes Troy ounces 32,150.70
Kilograms Tolas 85.755
Kilograms Taels 26.7172
Kilograms Bahts 68.41
Troy ounces Grains 480
Troy ounces Avoirdupois ounces 1.09714
Troy ounces Penny weights 20
Avoirdupois ounces Troy ounces 0.911458
Short tonne Metric tonne 0.9072
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