Tag: Jewellers

Gold gets a festive lift, tops Rs 31,000-mark

Gold overcame a sluggish global trend by surging Rs 470 to trade at Rs 31,000 per 10 grams on Monday after local jewellers ramped up buying for the festive rush. Silver offered a picture of contrast, which went below Rs 42,000 by falling Rs 300 to Rs 41,700 per kg, weighed down by muted demand...

September 11, 2017

Crowds throng jewellers on Akshaya Tritiya

With cash flow almost normalising after demonetisation, customers on Friday thronged jewellery shops across the country to usher in Akshaya Tritiya. "We are seeing good footfall in our stores. In the last two months, after demonetisation, people have again started buying gold. We expect sales to go up by 40 per cent this Akshaya Tritiya compared to...

April 28, 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 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 down Rs.200 on weak global cues, fall in demand

Gold prices slumped by Rs.200 to Rs.29,750 per 10 grams at the bullion market on Wednesday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver also declined by Rs.100 to Rs.43,100 per kg due to reduced offtake by industrial units and coin makers. Marketmen said that apart from a weak trend...

February 22, 2017

Gold down Rs.200 on weak global cues, fall in demand

Gold prices slumped by Rs.200 to Rs.29,750 per 10 grams at the bullion market on Wednesday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver also declined by Rs.100 to Rs.43,100 per kg due to reduced offtake by industrial units and coin makers. Marketmen said that apart from a weak trend...

February 22, 2017

Gold slides by Rs.150, silver maintains rising streak

Gold prices fell by Rs.150 to Rs.29,600 per 10 grams at the bullion market on Thursday, snapping its four-day rising streak due to a slowdown in buying by local jewellers even as the metal strengthened in overseas market. However, silver advanced by Rs.450 to Rs.42,650 per kg backed by increased offtake by industrial units and...

February 2, 2017