Gold price in Chennai

Date 22C 24C
1 Sep 2015 2533.00 2709.00


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Gold extends gains on haven demand as global equities slump

01-09-2015| Source:PTI

Gold climbed 0.8 percent to USD 1,144.33 an ounce. The metal rose 3.6 percent in last month. Silver also rose 0.2 percent to USD 14.65 an ounce, rising for the fourth day.

Gold tops Rs 27,000-mark on global cues, seasonal demand

01-09-2015| Source:PTI

Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown

Recent surge in gold prices is an opportunity to sell


Gold prices rallied due to short covering and some short term volatility due to concerns over China. However, in medium term USD 1000 price tag of gold may be reached and gold may see new low.

Buy gold & crude: Kunal Shah  

01-09-2015| Source:CNBC-TV18

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

Gold may remain volatile due to uncertainty: Sushil Finance


According to Sushil Finance, gold prices are expected to trade volatile due to uncertainty.

MCX Gold December contract gains


Gold prices on MCX were trading higher on Tuesday. MCX Gold December contract was trading at Rs 27050 up Rs 169, or 0.63 percent.

Dubai gold retailer defaults on $136 mn

01-09-2015| Source:Reuters

A Dubai-based gold and jewellery retailer has defaulted on loans worth about 500 million dirhams (USD 136.2 million), with banks considering options including legal action to retrieve the money

Gold gains as equities, $ retreat; Fed hike view caps rise

01-09-2015| Source:Reuters

Gold edged higher on Tuesday as equities faltered on mounting expectations that the US Federal Reserve will likely go ahead with an interest rate increase this month.Fed Vice Chairman Stanley Fischer

Gold spurts on good stockists buying, seasonal demand

31-08-2015| Source:PTI

Silver rallied further on the back of heavy offtake by industrial units and speculative traders. Standard gold (99.5 purity) jumped by Rs 235 to finish at Rs 26,505 per 10 grams from Friday's closing

Gold steadies, awaiting fresh clues on US rate rise

31-08-2015| Source:Reuters

Spot gold was flat at USD 1,132.98 an ounce at 0934 GMT, while US gold futures for December delivery were down 90 cents an ounce at USD 1,133.10. The metal fell 2.3 percent last week as a sell

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All Gold Contracts

Name Price Chg.%
GOLD (5 Oct) Rs 26860.00 0.67
GOLDGLOBAL (28 Sep) Rs 24309.00 0.59
GOLDGUINEA (30 Sep) Rs 21464.00 0.44
GOLDM (4 Sep) Rs 26687.00 0.55
GOLDPETAL (30 Sep) Rs 2662.00 0.6

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,448.40 -0.07%
Birla Gold ETF 2,465.00 0.61%
Gold BeES 2,440.67 0.54%
HDFC Gold ETF 2,494.90 0.36%
ICICI Gold ETF 2,474.00 -1.43%
Kotak MF-GETF 240.84 0.56%
Quantum Gold 1,238.10 1.65%
Religare Gold 2,433.00 0.00%
Reliance GOLDMF 2,357.87 0.44%
SBI Gold ETF 2,469.07 -0.80%
UTI - Gold 2,412.61 0.32%
IDBI Gold ETF 2,543.00 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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