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  • International gold prices plunged 7% in June: Where is the yellow metal headed? Jul 03, 2021 08:28 AM IST

    International gold prices plunged 7% in June: Where is the yellow metal headed?

    Improved economic outlook, prospects of central bank tightening will prove to be headwinds. But uncertainty on growth, inflation and other tail risks to economic cycle will support gold investment. Investors can buy on dips.

  • Jewellery sales to witness 25% growth in Dhanteras: Experts Oct 26, 2016 10:48 AM IST

    Jewellery sales to witness 25% growth in Dhanteras: Experts

    "Market sentiment is looking up and the prices have more or less stabilised. Moreover, good monsoon and pent up demand will boost sales. We expect around 20-25 percent overall growth in sales this year," All India Gems and Jewellery Trade Federation (GJF) Chairman Sreedhar G V told PTI here.

  • Silver shines on charts: Fed rate hike may steal some gains Oct 24, 2016 06:52 PM IST

    Silver shines on charts: Fed rate hike may steal some gains

    Technically, silver prices are hovering around its 200 DEMA which is acting as a crucial support at $17.30 levels.

  • As gold, platinum prices fall, investors flee metal funds Nov 27, 2015 08:07 AM IST

    As gold, platinum prices fall, investors flee metal funds

    According to Bank of America Merrill Lynch's weekly flows report, investors yanked USD 1 billion from precious metals funds in the week to Nov. 25, the chunkiest outflow in 17 weeks. Data this week were based on four days of fund flows as opposed to the normal five due to Thanksgiving holiday, the bank said.

  • FinMin gives details of gold schemes, RBI to decide rates Sep 16, 2015 10:09 PM IST

    FinMin gives details of gold schemes, RBI to decide rates

    The GMS provides an option to people to monetise physical gold by depositing them with authorised banks and earning interests from such deposits.

  • Diamond prices hit by stock market slump, China Sep 11, 2015 08:00 AM IST

    Diamond prices hit by stock market slump, China

    Diamond prices softened in August, as the global stock market slump hit discretionary spending and jewelry demand in China thanks to a clampdown on luxury gift-giving and the slowdown in the world's second-biggest economy.

  • Gold extends weakness, dips below Rs 27,000 on global cues Aug 27, 2015 03:24 PM IST

    Gold extends weakness, dips below Rs 27,000 on global cues

    Silver followed suit and plunged by Rs 770 to Rs 34,200 per kg on poor offtake by industrial units and coin makers. Bullion merchants said besides a weak global trend, slackened demand from jewellers and retailers at current levels mainly kept pressure on precious metals prices here.

  • Gold prices extend gains, now at 3-month high Aug 22, 2015 04:04 PM IST

    Gold prices extend gains, now at 3-month high

    Bullion traders said besides a firming trend overseas where gold recorded its biggest rally in seven months, brisk buying by jewellers to meet rising seasonal demand mainly lifted gold prices to almost a three-month high.

  • Gold rules firm for 9th day on global cues, seasonal demand Aug 18, 2015 03:18 PM IST

    Gold rules firm for 9th day on global cues, seasonal demand

    The yellow metal took positive cues from the global market amid pick-up in domestic demand. Silver, however, met with resistance at prevailing levels and dropped Rs 450 to Rs 35,950 per kg.

  • Gold regains Rs 26,000 mark, zooms Rs 600 per ten gram Aug 12, 2015 03:18 PM IST

    Gold regains Rs 26,000 mark, zooms Rs 600 per ten gram

    The precious metal again topped USD 1,100 an ounce mark in the global market. The depreciation in rupee, which plunged to almost two-year low against the dollar, also supported the upside in the global prices as it would make imports costlier.

  • Gold crashes below Rs 25,000 to hit over 4-year lows Aug 06, 2015 03:52 PM IST

    Gold crashes below Rs 25,000 to hit over 4-year lows

    Moreover, the precious metal was trading at five-year lows in the global market. Besides, there was an easing demand from jewellers as retailers deferred their buying plans on hopes of further dip in the yellow metal prices.

  • Gold drops for third day on global cues, sluggish demand Aug 05, 2015 03:23 PM IST

    Gold drops for third day on global cues, sluggish demand

    Silver also shed Rs 50 at Rs 33,700 per kg on reduced offtake by industrial units and coin makers.

  • Gold may sink to $800: Louise Yamada Jul 31, 2015 11:18 AM IST

    Gold may sink to $800: Louise Yamada

    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 remains flat on subdued demand, silver recovers Jul 29, 2015 03:43 PM IST

    Gold remains flat on subdued demand, silver recovers

    Traders said slackened demand from jewellers and retailers mainly kept pressure on gold prices but a firming global trend, restricted the fall.

  • Tariff value on imported gold cut for 2nd week straight Jul 24, 2015 04:07 PM IST

    Tariff value on imported gold cut for 2nd week straight

    The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.

  • Gold slips in futures trade on weak global cues Jul 24, 2015 11:36 AM IST

    Gold slips in futures trade on weak global cues

    Gold prices were down by Rs 193 to Rs 24,758 per 10 grams on Friday in futures trade after the precious metal tumbled to over five-year lows in global market.

  • Gold imports dip almost 37% to $1.96 bn in June Jul 16, 2015 08:07 AM IST

    Gold imports dip almost 37% to $1.96 bn in June

    The decline in gold imports helped in narrowing the trade deficit to USD 10.82 billion in June as against USD 11.76 billion in the same month last year.

  • Gold drops to one-week low as stocks rally, dollar firms Jun 24, 2015 11:17 AM IST

    Gold drops to one-week low as stocks rally, dollar firms

    Asia shares rallied for a sixth straight session as investors chose to be optimistic that Greece would reach a deal with its creditors, while the dollar held broad gains as the prospect of US rate rises came back on the radar.

  • Gold glitters, silver recovers on global cues Jun 18, 2015 04:21 PM IST

    Gold glitters, silver recovers on global cues

    The rebound in gold prices was mostly in tune with a firming trend in global market as dollar fell, adding to the appeal of the precious metal after the Fed signalled that the pace of policy tightening will be gradual.

  • Gold imports tick up 10.47% to $2.42 bn in May Jun 16, 2015 05:11 PM IST

    Gold imports tick up 10.47% to $2.42 bn in May

    Any increase in gold imports impacts the current account deficit (CAD). CAD in the first half of last fiscal declined to 1.9 percent of GDP (USD 18 billion) from 3.1 percent (USD 27 billion) in the same period of the previous year.

  • Muthoot Fincorp plans gold recycling centres across country May 25, 2015 08:22 AM IST

    Muthoot Fincorp plans gold recycling centres across country

    The group has launched Muthoot Gold Point to recycle gold jewellery into bars at a nominal cost. It has already been running a pilot centre in Coimbatore for the past three months and just started another one in Chennai, Muthoot Fincorp Director Thomas George Muthoot told Media.

  • India's gold demand likely to rise in Q2: WGC May 14, 2015 09:36 AM IST

    India's gold demand likely to rise in Q2: WGC

    Indian demand for gold is likely to increase in April-June from the first quarter due to strong buying during a major festival, lower prices and robust economic growth, the World Gold Council said on Thursday.

  • Gold extends losses below $1,200; eyes on US jobs report May 08, 2015 10:17 AM IST

    Gold extends losses below $1,200; eyes on US jobs report

    Spot gold eased 0.1 percent to USD 1,182.88 an ounce by 0046 GMT, after losing 0.6 percent in the previous session. So far this week, gold is up 0.4 percent.

  • Gold falls to 1 month low as global equities is all time up Apr 25, 2015 02:40 PM IST

    Gold falls to 1 month low as global equities is all time up

    Spot gold was down 1.4 percent at USD 1,177.03 an ounce at 2:34 p.m. EDT (1834 GMT), while US gold futures for June delivery settled down USD 19.30 an ounce at USD 1,175. That marked spot gold's largest single-session decline since March 6.

  • Gold regains Rs 27K level on global cues Apr 11, 2015 04:04 PM IST

    Gold regains Rs 27K level on global cues

    Besides, increased buying by jewellers to meet wedding season demand helped the precious metal to recapture the crucial level. Silver also advanced by Rs 150 at Rs 36,900 per kg on increased offtake by industrial units and coin makers.

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