Gold

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

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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

Silver prices fall below Rs. 40,000 for the first time in one month, gold closes with minor losses

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 plunged 60% in April, gems and jewellery exports up 17%

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 prices rally in India to cross Rs.30,000, Sensex slumps 300 points

Gold breached the Rs. 30,000-mark for the second time this week, keeping away consumers, according to trade experts.