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Gold near five-year low as Goldman warns of more losses

03-08-2015| Source:PTI

Gold lost 0.2 percent to USD 1,093.65. The metal closed at a five-year low of USD 1,088.76 on Thursday and declined the past six weeks in the longest run in more than a decade.

MCX Goldm September contract declines

03-08-2015| Source:Moneycontrol.com

Goldm prices on MCX were trading lower on Monday. MCX Goldm September contract was trading at Rs 24847 down Rs 51, or 0.20 percent.

MCX Goldguinea September contract slips

03-08-2015| Source:Moneycontrol.com

Goldguinea prices on MCX slipped on Monday. MCX Goldguinea September contract was trading at Rs 20300 down Rs 25, or 0.12 percent.

Gold struggles after worst month in two years

03-08-2015| Source:Reuters

Gold steadied not far above a 5-1/2-year low on Monday, struggling to scale higher at the start of the month after its deepest loss in two years in July, as expectations for a near-term hike in US

Gold prices likely to trade negative: Sushil Finance

03-08-2015| Source:Moneycontrol.com

According to Sushil Finance, gold prices are likely to trade negative on the back of U.S. interest rate outlook.

Sentiment aside, placing contrarian bet on gold: Citi Grp  

03-08-2015| Source:CNBC-TV18

Mohammed Apabhai, head-APAC Trading Strategies, Citi Group says the brokerage is liking contrarian calls at the moment and is now positive on gold.

MCX Gold October contract declines

03-08-2015| Source:Moneycontrol.com

Gold prices on MCX were trading lower on Monday. MCX Gold October contract was trading at Rs 24968 down Rs 41, or 0.16 percent.

Sensex, Nifty up; Bajaj Auto gains, BHEL & ONGC drag

03-08-2015| Source:Moneycontrol.com

, rout of Chinese equities and crisis in Greece has helped the Indian stock markets. In addition, decline in crude and gold prices may help the country further bring down its twin deficits, boost

Gold extends weakness after worst month in 2 years

03-08-2015| Source:Reuters

Gold edged lower early on Monday, trading near a 5-1/2-year low, as expectations for a near-term hike in US interest rates kept up the downward pressure after bullion fell the most since 2013 in July.

Nifty likely to open flat; Hero Moto may be in focus

03-08-2015| Source:Moneycontrol.com

.In the precious metals space, gold continued to trade below 1100 dollars an ounce.

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All Gold Contracts

Name Price Chg.%
GOLD (5 Aug) Rs 24775.00 -0.15
GOLDGLOBAL (28 Sep) Rs 22565.00 -0.36
GOLDGUINEA (31 Aug) Rs 20192.00 -0.31
GOLDM (5 Aug) Rs 24701.00 -0.35
GOLDPETAL (31 Aug) Rs 2484.00 -0.36

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,360.00 0.85%
Birla Gold ETF 2,402.80 -1.00%
Gold BeES 2,272.73 0.14%
HDFC Gold ETF 2,360.33 0.44%
ICICI Gold ETF 2,372.00 0.51%
Kotak MF-GETF 224.13 -0.02%
Quantum Gold 1,146.24 0.34%
Religare Gold 2,351.00 0.00%
Reliance GOLDMF 2,225.75 0.35%
SBI Gold ETF 2,361.54 0.63%
UTI - Gold 2,268.73 0.03%
IDBI Gold ETF 2,437.70 3.38%

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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