Gold price in Mumbai

Date 22C 24C
24 Oct 2014 2587.00 2739.00

GOLD News

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Be patient in this mkt; 20% returns in 5 yrs likely: Mehta  

25-10-2014| Source:CNBC-TV18

Dipan Mehta, member, NSE, BSE says investors should remain loyal to equities the way they continue to be with gold and realty.

Gold posts weekly loss on dollar rise, strong US data

25-10-2014| Source:Reuters

Gold edged lower on Friday and closed down for the week as rallying equity markets and strong US economic data dented demand for the precious metal as an insurance against risk.Sales of new US single

Gold poised for weekly loss on strong US data, dollar

24-10-2014| Source:Reuters

Gold dipped for a third session on Friday and was headed for a weekly loss as a firmer US dollar and robust economic data dented the metal's appeal as a hedge.Fundamentals* Spot gold eased 0

Gold, silver remain weak in Diwali trade on global cues

23-10-2014| Source:PTI

Gold of 99.9 and 99.5 percent purity declined by Rs 50 each to Rs 27,800 and Rs 27,600 per ten grams respectively, while sovereign held steady at Rs 24,300 per piece of eight gram.

Gold dips from 6-wk peak as USD firm, physical demand eases

22-10-2014| Source:Reuters

"Any period of dollar strength is going to weigh on gold," Mitsui Precious Metals analyst David Jollie said. "(But) we've moved from people having a very bearish sentiment to a more

Gold prices likely to trade on positive: Sushil Finance

22-10-2014| Source:Moneycontrol.com

According to Sushil Finance, gold prices are likely to trade on positive note on the back of renewed physical demand related to Diwali.

Expect MCX gold, silver prices to trade sideways: Angel

22-10-2014| Source:Moneycontrol.com

Gold and silver prices are expected to trade higher today on signs of increasing demand in India, the biggest user after China, spurred by the Diwali festival and wedding season. On the MCX

Sell gold, buy copper: Kunal Shah  

22-10-2014| Source:CNBC-TV18

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

Nifty still below 8000; gold near 6-wk high on Diwali glow

22-10-2014| Source:Moneycontrol.com

are unchanged.Hero, Bajaj Auto, Tata Motors,, Maruti Suzuki and L&T are top gainers in the Sensex. Among the losers are ONGC, Hindalco, NTPC, Coal India and ICICI Bank.Gold was trading near its highest level

The Swiss want bars. Of gold not chocolate!

22-10-2014| Source:Moneycontrol.com

The Save our Swiss Gold initiative is set to highlight the important issues of sovereign gold reserves and who has possession and controls them

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All Gold Contracts

Name Price Chg.%
GOLD (5 Dec) Rs 27176.00 0.19
GOLDGUINEA (31 Oct) Rs 21524.00 -0.25
GOLDM (5 Nov) Rs 26963.00 0.07
GOLDPETAL (31 Oct) Rs 2682.00 -0.81
GOLDPTLDEL (31 Oct) Rs 2769.00 -2.33

Gold ETFs

Company Price (Rs) Chg.%
Axis Gold ETF 2,592.36 0.00%
Birla Gold ETF 2,575.10 -3.91%
Gold BeES 2,529.50 0.17%
HDFC Gold ETF 2,586.08 -1.25%
ICICI Gold ETF 2,695.75 3.60%
Kotak MF-GETF 2,571.37 -0.47%
Quantum Gold 1,284.10 0.30%
Religare Gold 2,682.67 3.18%
Reliance GOLDMF 2,510.10 0.89%
SBI Gold ETF 2,586.17 0.63%
UTI - Gold 2,553.71 0.03%
IDBI Gold ETF 2,606.15 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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