GOLD News

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Gold premiums to stay low in 2014 due to weak demand

21-08-2014| Source:Reuters

Struggling with a high trade deficit, India raised its gold import duty to a record 10 percent last year and made it mandatory to export a fifth of all bullion imports. Gold is India's second

RBI sees FY15 GDP at 5-6%; 8% retail inflation within reach  

21-08-2014| Source:CNBC-TV18

The RBI annual report points to a minor improvement in financial savings; people are finally buying less gold. It also points out that the deficiency in the monsoon is falling and that the deficient

Gold drops to 2-month low on Fed rate outlook

21-08-2014| Source:PTI

Gold dropped 0.8 percent to USD 1,281.04 an ounce after reaching USD 1,278.45, the lowest since June 19, and a fifth day of losses would be the longest such run since June 2.

Syndicate Bank bribery case: Court dismisses bail pleas

21-08-2014| Source:PTI

CBI had claimed to have recovered Rs 21 lakh in cash from Jain's residence besides gold worth Rs 1.68 crore and documents of fixed deposits of up to Rs 63 lakh.

MCX Goldm October contract declines

21-08-2014| Source:Moneycontrol.com

Goldm prices on MCX declined. MCX Goldm October contract was trading at Rs 28045 down Rs 199, or 0.70 percent.

MCX Goldpetal October contract slips

21-08-2014| Source:Moneycontrol.com

Goldpetal prices on MCX were trading lower on Thursday. MCX Goldpetal October contract was trading at Rs 2878 down Rs 5, or 0.17 percent.

New Cos Act compliant gold scheme coming soon: Titan  

21-08-2014| Source:CNBC-TV18

Titan is banking on studded jewellery to gain marketshare going forward as it gives better margin than plain gold. In an exclusive interview to CNBC-TV18, S Subramanian, CFO of Titan said growth

Titan at new high; Morgan Stanley upgrades on Tanishq blink

21-08-2014| Source:Moneycontrol.com

According to Morgan Stanley, Titan has been a market performer led by easing of quantitative restrictions on the importing of gold. This is even after it is up 50 percent over the last six months.

Expect gold, silver prices to trade on weak note: Angel

21-08-2014| Source:Moneycontrol.com

According to Angel Commodities, gold and silver prices are expected to trade on a weak note as the Fed has reinstated confidence and optimism in the US economy exerting downside pressure.

MCX Goldguinea September contract slips

21-08-2014| Source:Moneycontrol.com

Goldguinea prices on MCX were trading lower on Thursday. MCX Goldguinea September contract was trading at Rs 22860 down Rs 53, or 0.23 percent.

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News across the web »
Aug 22, 2014 at 00:15 | Source: FirstPost
Aug 21, 2014 at 21:32 | Source: Economic Times
Aug 21, 2014 at 18:29 | Source: FirstPost
Aug 21, 2014 at 17:57 | Source: FirstPost

All Gold Contracts

Name Price Chg.%
GOLD (3 Oct) Rs 27785.00 -1.51
GOLDGUINEA (28 Aug) Rs 22622.00 -0.74
GOLDM (5 Sep) Rs 27638.00 -1.57
GOLDPETAL (28 Aug) Rs 2905.00 -0.82
GOLDPTLDEL (28 Aug) Rs 2905.00 -2.06

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,680.00 -1.11%
Birla Gold ETF 2,680.00 -0.81%
Gold BeES 2,620.00 -1.05%
HDFC Gold ETF 2,697.90 -1.87%
ICICI Gold ETF 2,710.00 -0.33%
Kotak MF-GETF 2,635.00 -0.56%
Quantum Gold 1,310.10 -0.48%
Religare Gold 2,682.00 -1.04%
Reliance GOLDMF 2,553.67 -1.70%
SBI Gold ETF 2,690.00 -0.72%
UTI - Gold 2,620.00 -0.61%
IDBI Gold ETF 2,681.01 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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