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Muthoot Finance net profit jumps 61 pc to Rs 265 crore in Q4

27-05-2016| Source:PTI

Country's largest gold financingcompany Muthoot Finance today reported a 61 per cent jump innet profit at Rs 265 crore for the quarter ended March, 2016driven by higher loan disbursals.

Gold cracks below Rs 29,000,hits over 3-month low on global cues

27-05-2016| Source:PTI

Bullion traders said besides a weak trend overseas due to anticipation of higher borrowing costs in the US, a fall in demand from jewellers and retailers pulled down both gold and silver prices.

Nifty breaches 8150, Sensex strong; Reliance, Infosys surge 2%


.Sun Pharma, Adani Ports, Lupin, Reliance and Infosys are top gainers while ONGC, Axis Bank, NTPC, L&T and ITC are losers in the Sensex.Amid a weak global trend, gold prices drifted lower by 0.15 percent

Sell gold, silver & buy crude: Naveen Mathur  

27-05-2016| Source:CNBC-TV18

Watch the interview of Naveen Mathur, Associate Director-Commodities & Currencies at Angel Commodities with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.

Gold prices to move lower towards 28400 levels: Choice Equity


Choice Equity Broking report on GoldGoldAs Expected MCX Gold price traded on a lower side till 28730 levels . MCX Gold prices has breached its horizontal trend line support at 28550 levels on hourly

Gold futures decline 0.15% on global cues

27-05-2016| Source:PTI

At the Multi Commodity Exchange, gold for delivery in June fell by Rs 43, or 0.15 percent, to Rs 28,695 per ten grams in a business turnover of 772 lots.

Here is Manisha Gupta's overview on commodity markets  

27-05-2016| Source:CNBC-TV18

Watch Manisha Gupta of CNBC-TV18 speaking about the current trend in commodities markets.

Gold on track for biggest decline in nine weeks

27-05-2016| Source:Reuters

Spot gold had climbed 0.2 percent to USD 1,222.46 per ounce by 0046 GMT. The metal has fallen about 2.4 percent so far this week, heading towards its biggest weekly decline since March 25.

Strong rally for Nifty likely to continue; SBI Q4 may disappoint


expectations for a Federal Reserve interest rate increase in June or July.From the precious metals space Gold lost its early gains on Thursday and was hovering just above the prior session's seven-week low

Gold, silver rebound on positive global cues

26-05-2016| Source:PTI

Gold prices recovered by Rs 55 per 10 grams at the bullion market on May 26, snapping its three-day falling steak, supported by demand from jewellers and retailers and a firming trend overseas

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All Gold Contracts

Name Price Chg.%
GOLD (3 Jun) Rs 28603.00 -0.47
GOLDGUINEA (31 May) Rs 22915.00 -1.55
GOLDM (3 Jun) Rs 28590.00 -0.48
GOLDPETAL (31 May) Rs 2849.00 -1.08
GOLDPTLDEL (31 May) Rs 2892.00 0

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,694.99 -0.88%
Birla Gold ETF 2,800.00 0.00%
Gold BeES 2,716.05 1.07%
HDFC Gold ETF 2,709.99 -0.88%
ICICI Gold ETF 2,705.00 0.00%
Kotak MF-GETF 260.00 -1.02%
Quantum Gold 1,327.00 -0.52%
Religare Gold 2,690.00 -1.18%
Reliance GOLDMF 2,517.00 -0.70%
SBI Gold ETF 2,660.00 -1.33%
UTI - Gold 2,625.99 -0.51%
IDBI Gold ETF 2,731.01 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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