Gold Prices

Gold Prices Extend Record Setting Spree To Third Straight Day

Business | Edited by Abhishek Jejani (With inputs from agencies) | Thursday August 22, 2019

Gold prices rose for the third straight day on Thursday and continued its record-breaking run. Gold price hit a new high of Rs 38,970 per 10 grams, news agency Press Trust of India (PTI) reported. The prices jumped by Rs 150 on the back of a weaker rupee and safe-haven buying from investors due to weak equity markets. Despite sluggish overseas tren...

Indians Taking Loans Against Family Gold For Quick Funds As Banks Refuse

Business | Thomson Reuters | Thursday August 22, 2019

Those pawning their precious possessions are most often independent workers, including farmers and small shop owners.

Gold Prices At An All-Time High On Increased Demand: 10 Points

Business | Edited by Abhishek Jejani (With inputs from agencies) | Wednesday August 21, 2019

Rising for second day in a row, gold prices registered a new record high on Wednesday. Gold prices rose by Rs 50 to hit an all-time high of Rs 38,820 per 10 gram in Delhi, news agency Press Trust of India (PTI) reported. The rise in gold prices came due to increase in the domestic spot market demand. However, a weak trend in the international marke...

Price Surge Means 'Hell' For Gold Sales As Demand Ebbs

Business | Swansy Afonso and Ranjeetha Pakiam, Bloomberg | Tuesday August 20, 2019

The government increased the import tax on gold in July, which pushed domestic prices to an all-time high of Rs 38,666 per 10 grams last week.

Gold Prices Hit Record High, Silver Rates Fall By Rs 1,000

India News | Press Trust of India | Tuesday August 20, 2019

Gold prices on Tuesday touched a record high of Rs 38,770 per 10 gram in Delhi after gaining Rs 200 on persistent buying from jewellers even as it lost steam overseas, the All India Sarafa Association has said.

Buy Gold 'At Any Level', Prospects Are Up, Up, Up: Mark Mobius

Business | Ranjeetha Pakiam and Haslinda Amin, Bloomberg | Tuesday August 20, 2019

"Gold's long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up," Mr Mobius said.

Gold Prices Hit New Record High: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Tuesday August 20, 2019

Gold prices on Tuesday touched a new record high of Rs 38,770 per 10 grams in Delhi, news agency Press Trust of India (PTI) reported. Gold prices jumped by Rs 200 despite weak trend overseas as the precious metal gained in the domestic spot market mainly on increase in demand from jewellers, traders said. The yellow metal had touched its previous a...

Gold Prices Recede From Record High: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Monday August 19, 2019

Gold prices on Monday fell by by Rs 100 to Rs 38,570 per 10 grams in Delhi, news agency Press Trust of India (PTI) reported. The yellow metal fell on weak trend overseas and tepid demand from jewellers, according to the All India Sarafa Association. Gold had reached its all-time high mark of Rs 38,670 per 10 grams on Saturday. Silver prices also ed...

How To Invest In Sovereign Gold Bonds? Other Details Here

Business | Edited by Anshul | Saturday August 17, 2019

Sovereign gold bond (SGB) scheme, a government-run scheme, allows gold investments in non-physical form. The Sovereign Gold Bond (SGB) scheme comprises government securities denominated in gold wherein investors are required to pay the issue price in cash. The bonds are redeemed in cash on maturity. SGB was launched in November 2015 with an objecti...

High Prices Dent Gold Buying In Asia, Silver Remains Attractive

Business | Thomson Reuters | Friday August 16, 2019

In top gold consumer China, premiums eased slightly to $6-$9 per ounce over the benchmark, from $9-$10 last week.

Gold Prices Fall By 425 Rupees On Easing Demand: 5 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Wednesday August 14, 2019

In Delhi, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 425 each to Rs 37,945 and Rs 37,775 per 10 grams, respectively.

Gold Prices Fall After Touching Record High: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Tuesday August 13, 2019

Gold prices on Tuesday fell from the record-high level it touched yesterday. Gold prices dropped by Rs 100 to Rs 38,370 per 10 grams in Delhi, reported news agency Press Trust of India (PTI). The rates of yellow metal on Monday had touched an all-time high mark of Rs. 38,470. Meanwhile, silver prices soared by Rs 2,000 to touch a lifetime-high mark...

Gold Prices Return To Recent Record Level: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Monday August 12, 2019

Gold prices on Monday again touched the all-time high mark of Rs 38,470 per 10 grams in Delhi, news agency Press Trust of India (PTI) reported. The yellow metal advanced by Rs 50 on fresh buying from jewellers amid positive global trend. On Thursday, gold had hit a record high price of Rs 38,470 per 10 grams in the national capital. However, prices...

Gold Prices Drop, But Still Above Rs 38,000: 10 Things To Know

Business | Edited By Anshul (With inputs from agencies) | Friday August 9, 2019

Gold prices on Friday decreased by Rs 140 but traded above the Rs 38,000 mark in the national capital, news agency Press Trust of India (PTI) reported. The yellow metal settled at Rs 38,330 per 10 gram. Easing in demand from jewellers despite the precious metal gaining overseas led to the fall in gold rates, the report said. On Thursday, gold price...

Gold Surpasses Rs 38,000-Mark, Registers New Record High: 10 Things To Know

Business | Edited by Abhishek Jejani (With inputs from agencies) | Thursday August 8, 2019

Gold rose for second straight day and rose above Rs 38,000-mark for the first time. Gold price jumped by Rs 550 on Thursday, news agency Press Trust of India reported. Gold prices gained as investors continued to buy the yellow metal, considered as a safe-haven asset, amid the ongoing trade tensions between the United States and China and domestic ...