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Gold to trade in 28563-28977 range: Achiievers Equities

24-01-2017| Source:Moneycontrol.com

According to Achiievers Equities, Gold gained as the U.S. dollar tumbled amid uncertainty around the economic policies of new U.S. President Donald Trump.

Expect Gold prices to trade higher today: Angel Commodities

24-01-2017| Source:Moneycontrol.com

According to Angel Commodities, gold prices are expected to trade higher today, international markets are trading higher by 0.5 percent at $1215 per ounce.

Long term, gold use looks good despite note ban: WGC

24-01-2017| Source:PTI

Gold demand in India -- the world's largest consumer -- has been affected in the short term because of the shock demonetisation, but long-term prospects are encouraging with consumption to average

Demonetisation drive to favour big gold jewellery store chains

24-01-2017| Source:Reuters

India's drive to bring transparency to bullion trading, along with the rise of branded gold jewellery, could help major retailers raise their share of the world's second-biggest gold market to 40

Gold steady as unease with Trump policy weighs on dollar

24-01-2017| Source:Reuters

Spot gold was mostly unchanged at USD 1,217.42 per ounce by 0337 GMT, after hitting their strongest since November 22 at USD 1,219.59 earlier in the session.

Here is an update on commodities market  

24-01-2017| Source:CNBC-TV18

Watch Manisha Gupta of CNBC-TV18 speaking about the current trend and updates from the commodity space.

Gold Bounces Higher

24-01-2017| Source:Mecklai Financial

Gold Bounces Higher

Govt may announce incentives for gems & jewellery in Budget

23-01-2017| Source:PTI

The government is expected to announce steps like cut in the gold import duty and incentives to set up gems and jewellery parks in the next Budget to promote growth of the industry.

World Gold Council demands lowering gold taxes from current 13%

23-01-2017| Source:PTI

At present, gold attracts Customs duty of 10 percent, excise duty of 1 percent and 1.5 percent value added tax (VAT), taking total taxes on the yellow metal to 13 percent.

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All Gold Contracts

Name Price Chg.%
GOLD (3 Feb) Rs 28725.00 -0.27
GOLDGUINEA (31 Jan) Rs 23882.00 0.98
GOLDM (3 Feb) Rs 28815.00 -0.21
GOLDPETAL (31 Jan) Rs 2884.00 -0.17
GOLDPTLDEL (31 Jan) Rs 2887.00 0

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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