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Soft US data supports gold, but weekly dip on the cards

Reuters

Gold clung to overnight gains on Friday on sluggish US economic data but the metal was poised fo... »

MCX silver is range-bound with a negative bias

Gurumurthy K

The silver futures contract traded on the Multi Commodity Exchange (MCX) has been stuck w... »

Silver rates

SIlver 7 days

TECHNICAL ANALYSIS

Buy Comex gold if it dips to $1,180-85/ounce

Stop-loss:$1,170; target:$1,225 »

Golden Big Daddy

Heavy mettle: A customer tries out diamond jewellery at the Vijayawada outlet of Kalyan Jewellers, the Kerala-headquartered company credited with introducing price tags and BIS certification in an industry otherwise seen as opaque in its marketing and pricing strategies. Photo: V Raju

prince mathews thomas

The women at Pushpagiri Agraharam, a locality of Iyer Brahmins in Thrissur, are in front of their houses drawing kolam. It is five in the evening, and not early morning when these traditiona... »

Gold hovers around 3-week lows on dollar strength, US data

Reuters

Gold held just above a three-week low on Thursday, following its biggest drop in over a month, as the dollar rose following strong US housing data that stoked expectations the Federal Reserve coul... »

Gold futures down by Rs 96 on weak global cues

PTI

Amid a weak global trend, gold futures traded down by Rs 96 at Rs 27,007 per 10 gm today as speculators reduced their positions.Gold for delivery in far-month August dropped by Rs 96 or 0.3... »

Surprise gold rush this Akshaya Tritiya

Consumers throng a jewellery outlet in Chennai on
Akshaya Tritiya - BIJOY GHOSH

SURESH P IYENGAR/ R RAVIKUMAR

Despite the harsh sun, crowds thronged jewellery retail outlets on Tuesday to buy gold. After a long lull, the demand for gold peaked, especially in the southern States with consumer buying the ye... »

Buying gold: Centre unlikely to ease PAN norms or cut import duty

Huge demand: Despite complaints about the high import duty, gold imports have been rising over the last few months

Shishir Sinha

Gold buyers are unlikely to get any good news on relaxation of norms when Finance Minister Arun Jaitley speaks on the Finance Bill during the second leg of the Budget session. “At present... »

Gold no longer holds glitter for investors

Gold jewellery at a showroom near Kochi in Kerala( file photo)

Rajalakshmi Nirmal

 Just two years ago, investors were in a frenzy to purchase gold and mutual fund houses were aggressively selling gold funds. But today, neither fund houses nor investors seem to be interes... »

Gold holds above $1,200 on softer dollar; Asian demand eyed

Reuters

Gold was little changed above $1,200 an ounce on Monday with a softer dollar providing support for the safe-haven metal, but a lack of robust physical demand and uncertainty over the timing of... »

Bullion Cues

Look for the hallmark and ask for the bill

RAJALAKSHMI NIRMAL

Jewellers are advertising attractive offers for purchases made on Akshaya Tritiya, which falls on Tuesday. If you love to flaunt gold jewellery, do take note of the following. One, don’t buy an orn... »

Gold rises on renewed demand from stockists; silver drops

PTI

Gold prices firmed up after brief pullback at the bullion market here today on fresh bout of buying from stockists and retailers supported by seasonal demand. In contrast, silver remained... »

Karnataka seeks Centre’s nod for legal metrology enforcement rules

Anil Urs

The Karnataka government has sought the Centre’s permission to bring in amendments to Karnataka Legal Metrology (Enforcement) Rules 2011, especially pertaining to gold/sliver trade. ... »

Gold extends gains on softer dollar, sluggish US data

Outlook turns bearish for silver on MCX

Weak rupee could limit the downside in MCX gold

Gold slips as dollar gains, US rate hike worries drag

Kerala to oppose move to deposit temple gold in banks: Chandy

Gold recovers on seasonal support

Sell Comex gold if it rallies to $1,210-15/ounce

Hit by falling prices, erratic weather, farmers trim gold purchases

Kalyan Jewellers set to expand presence

TECHNICAL ANALYSIS

Buy Comex gold if it dips to $1,180-85/ounce

Stop-loss:$1,170; target:$1,225 »

Silver futures down at Rs 36,078 per kg

PTI

Taking weak cues from overseas markets, silver prices fell Rs 79 to Rs 36,078 per kg at the futures trade today, as speculators trimmed their exposure.On the Multi Commodity Exchange, silve... »

Gold slips as dollar firms up; Greek debt crisis eyed

Reuters

Gold gave up some of its overnight gains on Wednesday as the US dollar firmed after earlier losses, with investors keeping their attention focused on the Greek debt crisis and its impact on the cu... »

Gold languishes below $1,200/oz as stocks, dollar rise

Reuters

Gold steadied below $1,200 an ounce on Tuesday after its biggest one-day drop in a week, remaining under pressure as the dollar rose and a rally in global equities diverted interest from the preci... »
WEEKLY OUTLOOK

Make use of dips to buy gold

Yoganand D, BL Research Bureau

After getting support at ₹25,500/10 gram in mid-March 2015, MCX gold has been trending upwards. It has retraced 50 per cent (fibonacci retracement level) of its prior downtrend and hovers sideways... »

Akshaya Tritiya: Jewellery traders expect higher gold sales

Gold jewellery at a showroom near Kochi in Kerala( file photo)

PTI

Sales of gold jewellery on Akshaya Tritiya day tomorrow are expected to jump by 25—30 per cent compared last year on this festival day, traders body CAIT said today.Akshya Tritiya is consid... »

₹ 1.75-cr gold seized at Kozhikode

Our Bureau

In two instances of gold smuggling, Customs authorities seized 6.4 kg of gold at the Kozhikode international airport on Thursday from passengers arriving from the Gulf. Both the passenge... »
Bullion Cues

Big week for bullion

Rajalakshmi Nirmal

Indian gold prices stayed almost flat last week at ₹26,890/10 gram, up from ₹26,880 (24 carat gold). While jewellers are keeping their fingers crossed, hoping for brisk Akshaya Tritiya sales on Tu... »

Gold holds below $1,200, poised for second weekly dip

Reuters

Gold held overnight losses to trade below $1,200 an ounce on Friday and was headed for its second straight weekly drop, weighed down by uncertainty over the timing of an interest rate increase by... »
TECHNICAL ANALYSIS

Buy Comex gold if it dips to $1,197-98/oz

Comex gold futures ended higher on Thursday as stock markets fell and weak US data added to uncertainty over the timing of a rate rise by the Federal Reserve. Delay in an expected hike in US r... »

How to curb this craving for gold

T Nagar, jewel in Chennai’s crown, beckons retailers & shoppers

Strong dollar demand pulls down gold prices

Gold savings schemes are risky

Gold edges up on retail offtake; silver drops

Gold near 1-week low as US rate hike bets buoy dollar

Gold prices to fall further this year before 2016 recovery

Gold falls on dollar as Fed officials keep rate rise talk alive

Gold holds above $1,200/oz on weaker dollar before Fed minutes

DATA BANK

Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

MCX-SX Currency Futures

NSE Currency Futures

More Disclosures »

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