Feb 12, 2016 at 16:22 | Source: PTI
Traders said apart from a firming global trend, steady buying by jewellers and retailers to meet wedding season demand mainly lifted gold prices beyond Rs 29,000-mark.
Feb 10, 2016 at 19:56 | Source: PTI
Elsewhere, silver also turned weak to retreat below Rs 37,000 mark due to renewed selling by speculative traders and also reduced offtake from jewellery makers.
Feb 10, 2016 at 10:55 | Source: Reuters
The bullion industry expects the government to cut the record 10 percent import duty on gold in the annual budget for 2016/17 that will be presented on Feb. 29, potentially boosting supply and driving domestic prices lower.
Feb 05, 2016 at 20:06 | Source: CNBC
Notably, it is a move that is strongly counter to the trend seen over the past few years, whereby metals prices have fallen mightily as the dollar has soared.
Jan 29, 2016 at 19:30 | Source: PTI
Gold turned lusterless, bringingto an abrupt end a three-day rally at the domestic bullionmarket here on emergence of profit-taking by stockists andjewellery traders in the face of sluggish overseas cues.
Jan 29, 2016 at 17:15 | Source: PTI
Traders said that besides a weak trend overseas, easing demand from jewellers and retailers at the existing higher levels at the domestic spot market mainly led to the fall in the precious metals prices.
Jan 08, 2016 at 14:43 | Source: PTI
Traders said besides a firm global trend where gold rallied to a two-month high in yesterday's trade, increased buying by jewellers at the domestic spot markets to meet rising demand, mainly lifted the precious metal to over two-month highs.
Jan 01, 2016 at 15:07 | Source: PTI
Traders said emergence of buying by jewellers and retailers mainly led to the recovery of gold prices.
Dec 29, 2015 at 07:59 | Source: Reuters
Spot gold was little changed at USD 1,070.05 an ounce by 0116 GMT, after losing 0.6 percent in the previous session. Volumes remained thin in the last trading week of the year.
Dec 08, 2015 at 20:38 | Source: Reuters
The Mumbai-based India Bullion and Jewellers Association (IBJA), a group consisting of gold dealers, traders and jewellers, is talking with industry officials about launching the exchange next year.