On October 03, 2015 16:01 (IST)
The precious metal, after five sessions of losses, recovered 2.1 per cent to $1,136.60 an ounce in New York yesterday as the US payrolls rose less than expected in September and wages stagnated, weakening the case for the Federal Reserve to raise interest rates this year.
On September 25, 2015 15:32 (IST)
Bullion traders said besides a firming global trend where gold soared to one-month high, continued buying by jewellers and retailers to meet wedding season demand largely influenced the precious metal prices.
On September 22, 2015 15:05 (IST)
Traders said weak global cues amid speculations that US interest rates may still increase before the year-end as Federal Reserve officials sought to ease concern over the health of the economy, eroding haven demand, mainly dampened sentiments here.
On September 22, 2015 13:27 (IST)
Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas amid speculation that US interest rates may still increase before the year-end as Federal Reserve officials sought to ease concern over the health of the economy, eroding safe haven demand.
On September 09, 2015 17:10 (IST)
Bullion traders said easing demand from jewellers and retailers at prevailing levels mainly kept pressure on gold prices.
On September 02, 2015 16:13 (IST)
Silver too turned weak and fell by Rs 150 to Rs 35,000 per kg on reduced offtake by industrial units and coin makers.
On September 01, 2015 15:10 (IST)
Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown in the world's second-biggest economy and boosting demand for the metal as a safe-haven.
On August 24, 2015 15:51 (IST)
Extending its rally for the 14th straight day, gold prices surged by Rs 150 to trade at fresh 3-month high of Rs 27,575 per 10 gram at the bullion market on Monday on strong buying by jewellers to meet rising seasonal demand even as the metal weakened overseas.
On August 22, 2015 15:53 (IST)
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.
On August 21, 2015 16:08 (IST)
Gold reclaimed Rs 27,000-level on Friday after a gap of two months by climbing Rs 480 to Rs 27,180 at the bullion market.
On August 21, 2015 08:31 (IST)
Gold hit its highest in five weeks on Thursday as the dollar eased after minutes from the US Federal Reserve meeting suggested policymakers were in no hurry to raise interest rates.
On August 18, 2015 15:33 (IST)
The yellow metal took positive cues from the global market amid pick-up in domestic demand.
On August 17, 2015 15:49 (IST)
Bullion traders said besides persistent buying by jewellers to meet seasonal demand, a firming global trend after China increased its bullion reserves and billionaire Stan Druckenmiller bought the metal, mainly aided the sentiments.
On August 17, 2015 19:31 (IST)
Gold firmed on Monday, building on its biggest weekly rise in three months, on lingering uncertainty over the implications of China's yuan devaluation.
On August 14, 2015 08:46 (IST)
Gold edged lower on Friday after the yuan firmed as China bid to calm jittery global markets, while upbeat US retail sales renewed expectations for a near-term increase in US interest rates.
On August 08, 2015 15:33 (IST)
Bullion traders said besides a firming global trend, increased buying by jewellers mainly kept gold and silver prices higher.
On August 07, 2015 17:37 (IST)
Gold rose on Friday as the dollar softened, but was on track for a seventh straight weekly fall, the longest since 1999, as the market braced for US non-farm payrolls data that could help determine the timing of a Federal Reserve rate hike.
On August 04, 2015 16:27 (IST)
Traders said weakening global trend amid speculation that the Federal Reserve will raise interest rates as early as September kept pressure on the precious metal.
On July 29, 2015 15:54 (IST)
Gold remained weak for the second day as it fell marginally by Rs 10 to Rs 25,290 per 10 gm at the bullion market on Wednesday owing to slackened demand from jewelers.
On July 28, 2015 08:13 (IST)
Gold languished near its weakest level since early 2010 on Tuesday, with no meaningful recovery seen as expectations for a U.S. interest rate increase grow.