Commodity News - Precious Metals

80:20 scheme for gold import set for revamp

31 Oct 2014

Several cases of misuse of the scheme found, need felt to make import transparent

Gold hits four-year low on signs of US recovery

31 Oct 2014

Drops 2.75% on Friday; price erosion likely to continue in near term

Gold hits 4-year low on selling pressure following Fed's QE withdrawal

31 Oct 2014

Gold hit nearly four year low on Friday due to wary investors unwinding their positions ahead of possible "sooner than expected" interest ...

Gold down 0.1% on weak global cues, low spot demand

31 Oct 2014

Gold prices fell 0.11 per cent to Rs 26,775 per 10 grams in futures trade today as speculators indulged in trimming positions amid weak ...

Silver down 0.6% on weak global trend

31 Oct 2014

Silver futures dropped 0.66 per cent to Rs 36,331 per kg today as speculators reduced their exposures amid a weak global trend.

Silver down 0.6% on weak global cues

30 Oct 2014

Silver prices eased by 0.58 per cent to Rs 38,051 per kg in futures trade today as speculators reduced holding on the back of weak cues ...

Gold near 3-week low after Fed optimism over US economy

30 Oct 2014

Gold was languishing near a three-week low on Thursday after the US Federal Reserve ended its bond-buying stimulus programme and expressed ...

Gold premiums soar on import restrictions buzz

30 Oct 2014

Premiums had fallen to below $10 per ounce on Tuesday after Diwali holidays, as new gold arrived in the market

India's silver jewellery exports gain momentum

29 Oct 2014

India's silver jewellery exports achieved about 73% of the last year's figure in the first six months this year

Gold futures surge 0.2% on global cues

29 Oct 2014

Gold prices rose by Rs 45 or 0.17% to Rs 27,180 per 10 grams in futures trade today after participants created fresh positions taking cues ...

Brisk gold jewellery sale seen this Diwali

24 Oct 2014

Wait for a price fall seems to have ended for now, trade expects demand revival to continue for some months

Samvat 2070: Gold gives lowest returns in 17 years

22 Oct 2014

The price of gold is 8.8% less than at the year's start, the biggest such slide since Samvat 2053

Diamond industry says no better days ahead if margins not improve

22 Oct 2014

Antwerp Diamond Bank has over 10% market share in financing of the diamond industry

Gold futures decline 0.2% on profit-booking

22 Oct 2014

Gold prices declined by 0.23% to Rs 27,491 per ten grams in futures trading today as speculators booked profits at prevailing levels amid a ...

Silver futures fall 0.29% on weak global cues

22 Oct 2014

Silver prices fell by 0.29% to Rs 38,656 per kg in futures market today as speculators reduced positions on weak cues from global markets.

Gold ETF trading sees an uptick on Dhanteras

21 Oct 2014

Gold ETFs recorded a turnover of Rs 65 crore, up from Rs 33 crore during last year

Dhanteras sales jump 20% over lower gold, silver prices

21 Oct 2014

Average gold prices that were around Rs 32,500 per 10 grams last Diwali, were hovering at Rs 27,500 this year

Gold glitters on Dhanteras buying, global cues

21 Oct 2014

Gold prices climbed by Rs 150 to Rs 27,925 per 10 grams in the national capital today as buying activity from jewellers as well as ...

Gold futures up 0.3% on firm global cues

21 Oct 2014

Gold futures rose by 0.34% to Rs 27,509 per 10 grams today as speculators enlarged positions after the metal gained in global markets.

Kalyan Jewellers raises Rs 1,200 cr from Warburg Pincus

20 Oct 2014

Company is said to have diluted around 10-12% stake to the PE firm

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Copper down 0.2% on weak global cues

Metal for delivery in November shed 0.14%

Silver down 0.6% on weak global trend

Weak trend trend overseas, eroding demand for the precious metals, pulled down silver prices

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