Tag: Gold

Make a dazzling choice

India is emerging globally with a paradigm shift in the market economy. For those interested in shopping for luxury jewellery from the comfort of their home, here’s something to look forward to. Bengaluru’s BlueStone.com, the country’s largest online jewellery brand, has a high penetration in West Bengal with a wide reach in major towns of...

April 27, 2017

Gold, silver end steady on scattered demand

Gold prices held steady at Rs.29,950 per 10 grams at the bullion market today on (rpt) on scattered demand from local jewellers. Silver followed suit and ruled flat at Rs.43,000 per kg. Traders said mild demand from local jewellers in view of ongoing wedding season at domestic spot market kept gold as well as silver...

April 15, 2017

Silver tumbles by Rs.800 to Rs.41,750, gold steady

Silver slipped below Rs.42,000-mark by plunging Rs.800 to Rs.41,750 per kg on Saturday due to reduced offtake by industrial units amid a weak trend overseas, while gold held steady at the bullion market. Gold remained flat at Rs.29,300 per 10 grams in scattered deals even as it strengthened overseas. Traders attributed the sharp fall in...

April 8, 2017

Gold worth Rs.25 lakh seized at Hyderabad airport

Gold worth about Rs.25.33 lakh was seized from a passenger at the Rajiv Gandhi International Airport here on Wednesday, a Customs official said. Based on a tip-off, the officers of Air Intelligence Unit of the Customs seized 866 gm gold of foreign origin from a passenger who arrived from Dubai by Oman Airlines, he said....

April 5, 2017

Gold slips to Rs.29,330 on weak global cues, muted demand

Gold prices softened by Rs.20 to Rs.29,330 per ten grams at the bullion market on Saturday, tracking a weak trend overseas amid easing demand from local jewellers. Silver, however, advanced by Rs.425 to Rs.41,800 per kg on increased offtake by industrial units and coin makers. Bullion traders said besides a weak trend overseas, easing demand...

March 25, 2017

Gold, silver remain weak on subdued demand

Gold weakened for the fifth straight session at the domestic bullion market here on Tuesday owing to slackened demand at prevailing levels amid steady global cues. Silver also continued its downfall on sluggish industrial demand. Standard gold (99.5 purity) moved down by Rs.135 per 10 grams to finish at Rs.28,265 from last Friday's closing level...

March 14, 2017

Gold takes strength from local buying, jumps Rs.200

Breaking its 5-day fall, gold on Saturday rode on a wave of local buying activity as it rose Rs.200 to Rs.29,050 per 10 grams, aided by a firm global trend. Silver edged up on uptick in demand from industrial units and coin makers. Traders attributed the rebound in gold prices to a firm trend overseas...

March 11, 2017

Gold slips below Rs.30,000 on global cues, low demand

Gold prices dipped below the Rs.30,000 mark on Monday, plunging Rs.350 to Rs.29,750 per 10 grams amid a weak trend in overseas market and fall in demand from local jewellers. Silver also slipped below the Rs.43,000-mark by falling Rs.300 to Rs.42,800 per kg on reduced offtake by industrial units and coin makers. Traders said apart...

March 6, 2017

Gold surpasses Rs.30,000 level again, silver above Rs.43,000

Gold prices got past the Rs.30,000-mark again by climbing Rs.375 to Rs.30,100 per 10 grams on Saturday, reflecting strong global uptrend and increased buying by local jewellers. Silver also went past the Rs.43,000-mark by covering up Rs.400 at Rs.43,100 per kg, backed by increased offtake by industrial units and coin makers. Traders said that apart...

March 4, 2017

Gold surpasses Rs.30,000 level again, silver above Rs.43,000

Gold prices got past the Rs.30,000-mark again by climbing Rs.375 to Rs.30,100 per 10 grams on Saturday, reflecting strong global uptrend and increased buying by local jewellers. Silver also went past the Rs.43,000-mark by covering up Rs.400 at Rs.43,100 per kg, backed by increased offtake by industrial units and coin makers. Traders said that apart...

March 4, 2017

Gold slips below Rs.30,000, silver plunges by Rs.1,350

Gold prices drifted below the Rs.30,000-mark by falling Rs.275 to Rs.29,725 per 10 grams at the bullion market on Friday on weak global trend and fall in demand from local jewellers. Silver also dropped by a whopping Rs.1,350 to Rs.42,700 per kg on reduced offtake by industrial units and coin makers. Traders said that a...

March 3, 2017

Silver tops Rs.44,000-mark; gold steady

Silver recaptured the Rs.44,000-mark with prices rising by Rs.200 on increased offtake by domestic industries while gold held steady at the bullion market on Thursday. Gold remained flat at Rs.30,000 per 10 grams in scattered deals even as it weakened overseas while silver rose to Rs.44,050 per kg. Traders attributed the rise in silver prices...

March 2, 2017

Silver tops Rs.44,000-mark; gold steady

Silver recaptured the Rs.44,000-mark with prices rising by Rs.200 on increased offtake by domestic industries while gold held steady at the bullion market on Thursday. Gold remained flat at Rs.30,000 per 10 grams in scattered deals even as it weakened overseas while silver rose to Rs.44,050 per kg. Traders attributed the rise in silver prices...

March 2, 2017

Gold regains sheen on global cues, wedding demand

Gold prices recovered by Rs.100 to Rs.29,850 per 10 grams at the bullion market on Thursday on positive global cues and uptick in demand from local jewellers. Silver also rebounded by Rs.100 to Rs.43,200 per kg due to increased offtake by industrial units and coin makers. Bullion traders attributed the recovery in gold prices to...

February 23, 2017

Gold recovers on global cues, jewellers’ buying

Aided by positive global cues and pick up in demand from local jewellers on account of weddings, gold snapped its two-day falling streak by recovering Rs.75 to Rs.29,700 per 10 grams at the bullion market on Thursday. Silver also advanced by Rs.200 to Rs.43,200 per kg on increased offtake by industrial units and coin makers....

February 16, 2017

Gold recovers on global cues, jewellers’ buying

Aided by positive global cues and pick up in demand from local jewellers on account of weddings, gold snapped its two-day falling streak by recovering Rs.75 to Rs.29,700 per 10 grams at the bullion market on Thursday. Silver also advanced by Rs.200 to Rs.43,200 per kg on increased offtake by industrial units and coin makers....

February 16, 2017

Gold tumbles by Rs.300 on weak global cues

Snapping its two-day rising trend, gold prices plunged by Rs.300 to Rs.29,650 per 10 grams on Tuesday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver also slipped below the Rs.43,000-mark by falling Rs.100 to Rs.42,900 per kg on reduced offtake by industrial units and coin makers. Marketmen said apart from...

February 14, 2017