Gold, silver news | Business Line

PTI

Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.26 per cent to... »

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Bullion Cues

Gold loses glitter on strong US data

Gurumurthy K

Renewed tension between Russia-Ukraine lifted gold prices last week. It recovered from a low... »
Technical Analysis

Sell gold if it rallies to $1,305-10/ounce

gold Comex gold futures were higher on Thursday due to a softer dollar and equity markets as tensi... »

Govt reduces tariff value on gold, silver

PTI

The government today reduced the import tariff value on gold and silver to $420 per 10 grams and... »

Gold, silver up on festive season demand in Delhi

PTI

Extending gains for the second day, gold prices moved up by another Rs 70 to Rs 28,300 per ten g... »
Weekly Outlook

MCX-silver could extend its fall

Gurumurthy K

The silver futures contract traded on the Multi Commodity Exchange (MCX) witnessed a corrective rally in the past week in line with our expectation. The contract is testing its 21-we... »

Profit-taking pulls gold futures down to Rs 27,927

PTI

Gold prices fell 0.25 per cent to Rs 27,927 per 10 grams at the futures trade today as speculators booked profits even as the metal strengthened overseas.On the Multi Commodity Exchange,... »

Govt reduces tariff value on gold, silver

PTI

The government today reduced the import tariff value on gold and silver to $420 per 10 grams and $645 per kg, respectively, taking cues from firm global prices.For the first fortnight of... »

Gold prices to remain fragile

G Chandrashekhar

The precious metals complex came under severe downward pressure last week even as demand weakness combined with hawkish indication from the US Federal Reserve of monetary policy normalisati... »
Weekly Outlook

MCX-gold to remain under pressure

Gurumurthy K

The gold futures contract traded on the Multi Commodity Exchange has dropped about 3 per cent in the past week. The contract has broken its important ₹28,000/10 gm support level and... »

First diamond SEZ to be set up in Surat soon

PTI

After courting success with an array of special economic zones, Gujarat is now planning to set up an only-for-exports hub for diamonds at Surat, possibly the first of its kind in India.“We... »

Satyug Gold to expand network

Our Bureau

Satyug Gold Pvt Ltd, a firm promoted by actress Shilpa Shetty and her husband Raj Kundra, is planning to open new 22 branches in different parts of the country, according to its Chief Executive Of... »

Risk of current account deficit rising again exists

Our Bureau

The Reserve Bank of India on Thursday cautioned that certain upside risks to current account deficit (CAD), that had fallen significantly in 2013-14, cannot be ruled out. In this regard, poten... »

Manappuram Finance stock at 52-week high on biz prospects

Bharani Vaitheesvaran

In the last three trading sessions, gold loan company Manappuram Finance has hit the upper circuit once and scaled three 52-week highs, buoyed by an overall improvement in business scenario and a... »

Weak monsoon may hit gold demand in rural India: WGC

PTI

Gold demand in rural India is expected to be lower this year with the weak monsoon affecting household savings, according to the World Gold Council (WGC). However, gold demand during the... »

Silver falls to Rs 42,130 per kg at futures trade

Francis Alapatt realty venture

Gold dips further amid selling; Fed outcome in focus

MCX-gold to dip before further rise

Gold futures decline to Rs 28,420 per 10 gm; silver down at Rs 42,621 per kg

Senco Gold plans to raise Rs 100 cr from PE funds

Buy gold on dips to $1,304-05/oz

Gold futures down at Rs 28,669 per 10 gm

22 kg gold seized from CSEZ unit

Outlook is bearish for MCX-gold

Gurumurthy K., BL Research Bureau

The corrective rally witnessed in the gold futures contract traded on the Multi Commodity Exchange (MCX) seems to be losing momentum. The contract which is currently trading near ₹27,950 fo... »

Gold futures fall 0.50%

PTI

Gold prices fell 0.50 per cent to Rs 27,936 per 10 grams in the evening session of trading at futures trade on Friday as speculators trimmed positions amid a weak global trend. At the Multi... »

Gold, silver up on festive season demand in Delhi

PTI

Extending gains for the second day, gold prices moved up by another Rs 70 to Rs 28,300 per ten gram in the national Capital today on increased buying by jewellers and retailers, driven by festive... »
Weekly Outlook

Corrective rally possible in MCX-Silver

Gurumurthy K

The silver futures contract extended its fall by about a per cent in the past week. Though the contract still remains in a downtrend, the pace of the fall over the past week seems to be los... »
Bullion Cues

Investors pile up dollar, abandon gold

Rajalakshmi Nirmal

Strong economic data from the US saw gold prices drop sharply last week to hit $1,281/ounce, down 1.8 per cent. The US Commerce Department said that the number of building permits issued... »

BullionIndia eyes higher online sales

Our Bureau

Retailing of gold and silver through online platform is set to leapfrog with Bullionindia.in, an arm of Mumbai-based bullion trading major RiddiSiddhi Bullions Ltd (RSBL), planning to tre... »

Gold slips on sluggish demand

PTI

Gold continued its downtrend in the domestic bullion market here today due to reduced offtake from jewellery stockists and retailers induced by a sharp fall in overseas trade.Silver, on the... »

Import curbs on gold unlikely to be eased soon

Finance Secretary Arvind Mayaram

Our Bureau

The Finance Ministry has ruled out easing restrictions on gold imports any time soon. The bullion industry has been seeking lowering of import duty and a relook into the 80:20 gold import sche... »

BullionIndia gives e-commerce push to gold, silver sales

Our Bureau

While Indian e-commerce space is buzzing with entry of eBays and Amazons of the world offering almost all kinds of retail products to online customers, retailing of gold and silver through... »

Satyug Gold to open 22 new outlets

Raj Kundra, Chief Executive Officer, Satyug Gold, at a press conference in Hyderabad on Thursday. Photo: PV Sivakumar

G. Naga Sridhar

Satyug Gold Pvt Ltd plans to open 22 branches in different parts of the country, according to its Chief Executive Officer, Raj Kundra.Speaking to newspersons at a press conference here o... »

Gold futures decline to Rs 28,070 per 10 gm

Senco to invest ₹350 cr on expansion

Gold futures rise marginally to Rs 28,311; silver up at Rs 42,667 per kg

Gold seizures soar to Rs 678 cr in 2013-14

Gold investors eye EU’s next move

Despite fall in prices, gold demand dips 39% in Q2

Gold will trade in ranges in short-term

Gold demand in India falls 39% to 204 tonnes in June quarter: WGC

More Disclosures »