On June 15, 2016 15:56 (IST)
Gold prices slipped by Rs 130 to Rs 29,670 per ten gram, snapping a six-day winning streak at the bullion market today, as demand from jewellers dried up at prevailing levels amid weak global cues.
On May 23, 2016 12:03 (IST)
Gold is sensitive to interest rates, gains in which raise the opportunity cost of holding non-yielding bullion.
On November 27, 2015 17:28 (IST)
Gold dipped to its lowest level in nearly six years on Friday and was heading for a sixth straight weekly decline under pressure from a firm dollar and prospects of a U.S. interest rate hike next month.
On November 19, 2015 08:56 (IST)
Global gold prices revived on Thursday from their lowest in more than five years the previous session as the dollar fell back, releasing its stranglehold on commodities and making gold more affordable for buyers paying with other currencies.
On November 11, 2015 18:23 (IST)
Extending its gains for the third straight day, gold prices advanced by Rs 15 to Rs 26,250 per ten grams in special 'Diwali Muhurat' trading at the bullion market on increased buying by jewellers, driven by the ongoing festive season.
On November 09, 2015 13:07 (IST)
Gold ticked up after an eight-day losing streak on Monday, but languished near its lowest in three months as surging US nonfarm payrolls boosted expectations of a December rate hike in the United States.
On October 29, 2015 12:52 (IST)
Gold futures today fell 0.98 per cent to Rs 26,808 per 10 grams as speculators reduced their bets amid a weak global trend.
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.