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MCX Gold October contract declines


Gold prices on MCX slipped on Friday. MCX Gold October contract was trading at Rs 24764 down Rs 147, or 0.59 percent.

Gold may sink to $800: Louise Yamada

31-07-2015| Source:CNBC

Gold is now down 13 out of the past 15 trading sessions, and according to one highly regarded technician, it's about to get even worse.

Gold heads for longest weekly losing streak in 16 years

31-07-2015| Source:Reuters

Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall, its longest retreat since 1999, after upbeat US economic data strengthened expectations for a near

Global cues mixed, but Nifty to open in green today


.  Precious metal gold's prices declined on dollar gains.Back home, in important earnings, Larsen and Toubro (L&T) will report its Q1 numbers today. The earnings  could disappoint on a high base. Its

Even hallmarked gold jewellery in India vary in purity: WGC

30-07-2015| Source:PTI

It may come as a shock to some, but even gold jewellery that has Hallmark certification vary in purity, the World Gold Council (WGC) on Thursday said while calling for urgent steps to improve quality

Gold Bond scheme may have annual cap of 500 gm/person

30-07-2015| Source:PTI

Only Indian residents will be allowed to subscribe to the proposed Sovereign Gold Bond scheme which is likely to have an annual cap of 500 grams per person, the Finance Ministry has said.

MCX Goldpetal August contract slips


Goldpetal prices on MCX were trading lower on Thursday. MCX Goldpetal August contract was trading at Rs 2475 down Rs 11, or 0.44 percent.

Gold extends losses; down Rs 200 on global cues, low demand

30-07-2015| Source:PTI

Falling for the third straight day, gold prices tumbled by another Rs 200 to Rs 25,090 per ten gram at the bullion market on Thursday in line with a weakening global trend amid subdued demand from

MCX Goldguinea August contract declines


Goldguinea prices on MCX declined on Thursday. MCX Goldguinea August contract was trading at Rs 20184 down Rs 98, or 0.48 percent.

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All Gold Contracts

Name Price Chg.%
GOLD (5 Aug) Rs 24560.00 -0.64
GOLDGLOBAL (28 Sep) Rs 22399.00 -0.76
GOLDGUINEA (31 Aug) Rs 20100.00 -0.55
GOLDM (5 Aug) Rs 24569.00 -0.69
GOLDPETAL (31 Aug) Rs 2473.00 -0.56

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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