Gold Price

Will Gold Demand Surge This Dhanteras? Here's What Experts Say

Business | Written By Anshul | Tuesday October 22, 2019

Dhanteras 2019: Gold prices are now down from last month's record high of about Rs 40,000 per 10 gm. While some experts believe that gold demand may see a slight boost this Diwali, others say that it's not going to be a shiny Diwali.

Festival Cheer Fails To Push Demand For Gold As Prices Remain High

Business | Reuters | Saturday October 12, 2019

Gold futures were trading around Rs 38,100 per 10 grams on Friday after hitting a record high of Rs 39,885 last month. Gold prices have risen more than 21 per cent so far in 2019. Dealers offered discounts of up to $20 an ounce on official domestic prices this week, slightly down from a discount of $21 last week. The domestic price includes a 12.5 ...

As Gold Prices Put Off Buyers Ahead Of Diwali, Jewellers Offer Bonanza

Business | Swansy Afonso, Bloomberg | Thursday October 10, 2019

Gold has soared in 2019, hitting a six-year high in dollar terms, as investors fret about the impact of the trade war, central banks cut rates and exchange-traded fund holdings surge.

Gold Sales Likely To Decline 50% On Dhanteras: Experts

Business | Indo-Asian News Service | Tuesday October 8, 2019

Gold imports have nosedived due to higher prices and an increase in the import duty, an expert said.

Slight Retreat In Gold Prices Add To Festive Lure In India: Report

Business | Thomson Reuters | Friday October 4, 2019

Traders hoped demand would increase in the final quarter as India gears up for festivals such as Diwali and Dussehra, when buying gold is considered auspicious.

Gold Imports Hit Three-Year Low As Prices Jump: Report

Business | Thomson Reuters | Friday October 4, 2019

Demand for gold usually strengthens in the final quarter as India gears up for festivals such as Diwali and Dussehra.

Gold Demand In India Seen Muted Ahead Of Festivals

Business | Thomson Reuters | Friday September 20, 2019

Gold futures were trading around 37,500 rupees per 10 grams on Friday after falling to their lowest level since August 13 earlier in the session.

Gold Prices Fall Due To Delay In Festive Demand

Business | Press Trust of India | Wednesday September 11, 2019

In the global market, gold prices were trading higher at $1,490 an ounce in New York and silver was also up at $18.10 per ounce.

Jewellery Industry Hit By "Recession", Job Losses Likely: Industry Body

Business | Press Trust of India | Monday September 9, 2019

In the Union Budget for 2019-20, customs duty on imported gold was raised from 10 per cent to 12.5 per cent.

Gold Prices Fall By Rs 300 On Weak Demand

Business | Press Trust of India | Monday September 9, 2019

In the international market, gold was trading flat at $1,506 per ounce in New York, while silver traded lower at $18.05 an ounce.

India's Gold Demand Ticks Up Ahead Of Festivals, Subdued Elsewhere

Business | Thomson Reuters | Friday September 6, 2019

Gold futures in India, the biggest bullion consumer after China, were trading around Rs 38,504 per 10 grams on Friday.

August Gold Imports Hit Three-Year Low As Prices Jump To Record: Report

Business | Thomson Reuters | Wednesday September 4, 2019

Lower imports by the world's second biggest consumer could cap gains in global prices that are trading near their highest level in over six years, but help the south Asian country in bringing down the trade deficit and supporting rupee.

Gold Prices Jump Over Rs 500 On Global Cues

Business | Press Trust of India | Tuesday September 3, 2019

In the international market, gold prices ruled at $1,530 an ounce in New York while silver was quoted at $18.50 an ounce.

Seizures Of Smuggled Gold Jumps In June Quarter: Report

Business | Thomson Reuters | Monday September 2, 2019

The World Gold Council has said up to 95 tonnes of gold was smuggled into India in 2018.

Gold Prices Fall For Third Straight Day: 5 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Monday September 2, 2019

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 40 each to Rs 39,600 and Rs 39,430 per 10 grams, respectively.