Jun 19, 2015 at 14:45 | Source: PTI
Silver, however, met with resistance at prevailing levels and fell by Rs 250 to Rs 37,050 per kg. Bullion traders said firming trend overseas where gold jumped to five-week high as weakening dollar raised demand for the precious metals and increased buying by jewellers mainly kept prices higher.
Jun 16, 2015 at 15:17 | Source: PTI
Traders said fall in demand from jewellers and a weak trend in overseas markets mainly led to the fall in gold prices.
Jun 16, 2015 at 11:11 | Source: CNBC-TV18
India's trade deficit for the month of May came in at a three-month low at USD 10.41 billion, marginally lower than USD 10.99 in April. Imports for the month too came in at a three-month low.
Jun 15, 2015 at 17:49 | Source: PTI
Silver also rebounded by Rs 140 to Rs 37,050 per kg on increased offtake by industrial units including coin makers. Traders said increased buying by jewellers mainly led to the recovery in the precious metals prices.
Jun 15, 2015 at 08:31 | Source: Reuters
Gold edged up on Monday as Greece and its creditors failed to strike a deal to avert a debt default, but gains were capped as traders waited for a Federal Reserve policy meeting later this week for clues on the outlook for US interest rates.
Jun 13, 2015 at 16:23 | Source: PTI
Silver also softened by Rs 190 to Rs 36,910 per kg on reduced offtake by industrial units and coin makers. Traders said besides weak global trend, low demand from jewellers and retailers mainly led to the decline in prices of both the metals.
Jun 10, 2015 at 16:36 | Source: PTI
Bullion traders said the mood remained firm after precious metals rose in global markets as the dollar weakened and concern increased that Greece may stumble in its bid to avoid default, boosting demand for the safe haven.
Jun 09, 2015 at 15:10 | Source: PTI
Gold in Singapore, which normally sets price trend on the domestic front, added 0.3 percent to USD 1,177.68 an ounce.
Jun 05, 2015 at 10:45 | Source: Reuters
Traders were awaiting the critical US nonfarm payrolls report due later in the day for more clues on the economy and how it would impact the Federal Reserve's interest rate policy.
Jun 03, 2015 at 10:36 | Source: Reuters
Traders said gold's overnight jump was underwhelming given the sharp drop in dollar and weak US factory data, which should have typically triggered strong safe-have bids.