Yellow Metal News

Market

What drives the price of gold

A look at some factors that impact the gold price

1 min read18 Jul 2018
Politics

India said to consider lowering gold import tax to 6% from 10%

The government mulls over cutting import tax in order to curb gold smuggling

1 min read22 Dec 2016
Opinion

India’s golden parachute is failing this precious metal

Anecdotal evidence suggests business is indeed weak: Sales of diamonds and emeralds suffered, while jewellers reported foot traffic just 10% of usual

2 min read20 Dec 2016
Market

Sovereign gold bonds outshine yellow metal as trade volume climbs

Sovereign gold bonds were trading at Rs3,400 per gram on the NSE on Friday, a 27% premium over the fixed price of Rs2,682 at the time when the bonds were first issued in November

3 min read19 Jul 2016
Market

Gold hangs on to gains, adds Rs120 on positive global cues

In the national capital, gold of 99.9% and 99.5% purity advanced Rs120 each to Rs25,900 and Rs25,750 per 10 grams, respectively

1 min read20 Nov 2015
Market

Gold at fresh 10-month low of Rs28,100 on stockists selling

Gold of 99.9 and 99.5% purity fell further by Rs170 each to Rs28,100 and Rs27,900 per ten gram, a level last seen in July last year

1 min read27 May 2014
Politics

Gold smuggling on rise in India; yellow metal worth `245 crore seized in one year

As many as 700 cases of gold smuggling have been reported across India during 2013-14

1 min read26 Jan 2014
Market

Gold extends gains on sustained buying, firm global cues

Gold of 99.9 and 99.5% purity advanced by Rs205 each to Rs31,525 and Rs31,325 per ten grams respectively

1 min read30 Nov 2013
Market

Gold set for biggest loss in 5 months in US stimulus concerns

Gold has shed 6% for the month and has lost more than a quarter of its value so far this year

1 min read29 Nov 2013
Market

Gold holds near 1-week high; physical demand drops off

Spot gold was unchanged at $1,251.96 an ounce by 0339 GMT, it hit $1,256.49 in early trade, its highest since 20 November

2 min read26 Nov 2013
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