Gold News - Updates on Gold Market, Gold Price : page 5

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Gold shares rise on BSE after industry appeals to Modi govt for import duty cut

Shares of Titan, PC Jeweller and Gitanjali Gems rose on Monday after GJF members sought 50 percent cut in import duty on gold.

Jul 25, 2016

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Sovereign Gold Bond Scheme: Things to know about the fourth issue that opens on July 18

The fourth tranche (issue) of the Sovereign Gold Bond Scheme will open on July 18, the RBI said on Thursday.

Jul 15, 2016

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Gold prices poised for a bull rally aided by global uncertainties, safe-haven demand

Global uncertainties, such as Britain leaving the EU, are creating the right conditions for a bull run in gold, says a CNBC report.

Jul 7, 2016

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Gold prices hit 28-month high, yellow metal retains image of favourite Eid gift in UAE

On Wednesday, gold prices hit a 28-month high at Rs. 31,050 per 10 gm on brisk buying by investors and global cues.

Jul 6, 2016

Gold prices rise 5% in June on safe-haven demand; Sensex gains 1.25%

Gold prices saw huge volatility in June due to Brexit fears, while Sensex rebounded during the later days of the month.

Jul 1, 2016

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Gold price may hit Rs. 33,500 per 10 gm by 2016 on uncertain global events

Brexit, US presidential elections, a slowdown in China and the volatility in the currency markets will all drive the yellow metal price up.

Jun 27, 2016

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Gold prices in India dip to over 2-year low: Report

As Brexit drove up gold prices in India to a record level, jewelers and gold stockists succeeded in bringing it down on Saturday.

Jun 25, 2016

Gold prices rise almost 6% to hit 3-year high tracking global cues, weak rupee on Britain leaving EU

Gold prices spurted to a three-year-high of Rs. 31,708 in line with the fall in Indian rupee and increase in overseas markets.

Jun 24, 2016

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Gold prices could rise almost 10% on Brexit: Report

If Britain decides to exit (Brexit) the European Union, gold prices could appreciate by more than $100 to hit $1,400 an ounce.

Jun 21, 2016

Gold prices near 2-year high on safe haven demand as Brexit looms

A dovish Fed and looming Brexit could point to a bullish market for gold in the near term, analysts said.

Jun 16, 2016

India exports more gems and jewellery, imports less gold

Export of gems and jewellery rose 24 percent in May, while gold imports fell for the fourth straight month.

Jun 16, 2016

Gold bonds consolidate gains after listing at a premium on Monday

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

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Gold prices rise for 5th straight day, close at three-week high

A firm trend in global markets coupled with strong buying in India ensured gold prices remained high in the country.

Jun 13, 2016

Gold, silver prices fell more than 4% in May while Sensex gained

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

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1% tax on cash purchase of gold jewellery rolled back

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

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