Export of gems and jewellery rose 24 percent in May, while gold imports fell for the fourth straight month.
Jun 16, 2016
The sovereign gold bonds were trading at Rs. 3,173.90 against the issue price of Rs 2,684, representing 1 gm.
Jun 14, 2016
A firm trend in global markets coupled with strong buying in India ensured gold prices remained high in the country.
Jun 13, 2016
The fall in gold prices was attributed to weak demand and rising fears of an interest rate hike by the US Federal Reserve.
Jun 1, 2016
The 1 percent tax was earlier imposed on cash purchases of gold jewellery of up to Rs. 2 lakh; it has now been restored to Rs. 5 lakh from June 1.
May 31, 2016
Silver prices closed at Rs. 39,950 per kg on Friday. Gold also has been weak over fears of interest rate hike.
May 20, 2016
Gold imports dropped to $1.2 billion last month from $3.1 billion last April, while gems and jewellery exports rose to $3.4 billion.
May 13, 2016
Gold breached the Rs. 30,000-mark for the second time this week, keeping away consumers, according to trade experts.
May 13, 2016
An annual Hindu and Jain festival saw 35 percent lower demand compared to last year.
May 10, 2016
Jewellers are expecting gold sales to remain subdued due to high prices this Akshay Tritiya.
May 6, 2016
Gold prices declined by Rs. 225 per 10 gm and silver was down Rs. 150 per kg on Saturday in Delhi bullion market.
Apr 23, 2016
Gold and silver prices have risen 17.36 percent and 21.17 percent since Jan. 1, while Sensex had declined 1 percent.
Apr 22, 2016
Shipments of gold into India plunged for a second straight month in March to $972.96 million after an 85 percent surge in January.
Apr 19, 2016
Gold prices rose by Rs. 180 per 10 gm, while silver gained modestly to close at Rs. 38,700 per kg.
Apr 17, 2016
The mining lease held by state-owned Bharat Gold Mines Ltd will be up for sale to the highest bidder through a government tender.
Apr 11, 2016