On December 02, 2014 15:28 (IST)
Gold recorded its biggest single-day gain of this year after it jumped by Rs 840 to Rs 27,040 per ten grams on Tuesday. This follows after a surge in overseas gold prices which determine domestic gold prices.
On December 01, 2014 19:01 (IST)
Gold prices declined by Rs 200 at Rs 26,200 per ten grams in the national capital today amidst weak trend overseas and increased supplies in domestic spot markets after the Reserve Bank eased import curbs.
On November 29, 2014 16:30 (IST)
Bullion traders attributed the fall in gold prices to easing restrictions on gold imports by the RBI by scrapping the controversial scheme, which is likely to enhance supplies and check smuggling of the precious metal.
On November 18, 2014 15:24 (IST)
Traders said some buying from jewellers and retailers, driven by ongoing wedding season and a firming global trend where gold rose to over two-week high as a weakening dollar spurred demand for a safe-haven, mainly influenced the sentiment.
On April 23, 2014 17:29 (IST)
Bullion merchants said sustained buying by stockists on the back of pick-up in seasonal demand and a firm global trend mainly led to the rise in gold and silver prices.
On April 14, 2014 16:55 (IST)
Gold regained the psychological Rs 30,000 per ten gram level after three weeks in the national capital today on brisk buying by stockists for the ongoing wedding season amid firming global trend.
On December 27, 2013 13:39 (IST)
Gold was little changed in thin trade on Friday, heading for its biggest annual loss in more than 30 years as hopes of a global economic recovery and rallies in equities dent its appeal as an alternative investment.
On December 26, 2013 16:28 (IST)
In India gold prices however have not seen a similar decline as witnessed in global markets. The Indian government had hiked import duty on gold to 10 per cent, negating much of the decline in global prices.
On February 15, 2013 23:39 (IST)
The government today slashed the import tariff value of gold to $535 per 10 gram and reduced the rate for silver marginally to $1,003 per kg due to weakening global prices of precious metals.