Page 38 - Gold

Gold price climbs Rs 10 to Rs 72,720, silver up Rs 100 at Rs 93,100

The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,660

Industry disappointed with revised norms for gold, silver jewellery exports

The government on Monday revised norms related to permissible amount of wastage and standard input output with regard to export of gold and silver jewellery. An industry official said the wastage norms have been eased and the manufacturers are disappointed with it. "The wastage permissible and standard input-output norms with regard to export of jewellery have been revised," the Directorate General of Foreign Trade said in a public notice. The official from the gems and jewellery export council said the industry was not consulted before taking this decision. According to the public notice, weight of mountings and findings (or parts) of gold or silver, if imported and used in export products, will not be included for determining net content of gold and silver in export products. Standard input-output norms (SION) are rules that define the amount of input/inputs required to manufacture a unit of output for export purposes. Input output norms are applicable for the products such as

Gold price dips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,900

The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,390

Gold price slips Rs 10 to Rs 73,410, silver falls Rs 100 to Rs 92,400

The price of 22-carat gold dipped Rs 10, with the yellow metal selling at Rs 67,290

Should you buy gold now? Check key levels here before investing your money

The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data

Limits of the global gold rush

Gold remains important in central bank reserves, but won't significantly replace financial assets on balance sheets

Gold price declines Rs 10 to Rs 74,500, silver rises Rs 100 at Rs 95,900

The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290

Gold imports could fall by a fifth as record price prompts jewellery swaps

Lower imports by India, the world's second biggest consumer of the precious metal, could cap a rally that carried global prices to a record this week

Gold price slips Rs 10 to Rs 74,500, silver falls Rs 100 to Rs 94,500

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290

Gold rallies on cautious US Fed; check target prices, support levels here

The cautious stance of the US Federal Reserve on its monetary policy is somewhat positive for the metal; thus, inflation hedge buying theme dominates

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal

The dollar index remained subdued, making greenback-priced bullion more attractive to buyers holding other currencies

Retail expansion and omnichannel plans are in place: Titan Company CFO

In an exclusive interview, Ashok Sonthalia, chief financial officer of Titan Company, discusses the company's expansion plans

Gold price slips Rs 10 to Rs 73,740, silver falls Rs 100 to Rs 89,000

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,590

Silver trades at record high for 2nd day in Delhi; gold declines Rs 150

Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets. According to HDFC Securities, silver prices jumped Rs 300 to Rs 89,000 per kg in the national capital. It had closed at Rs 88,700 per kg in the previous session. Meanwhile, gold prices declined Rs 150 to Rs 73,900 per 10 grams. In the previous session, it had settled at Rs 74,050. "Gold prices retreated on Friday as the US dollar and US Treasury yields recovered from multi-week lows. The US dollar index is currently quoting higher by 0.22 per cent against the previous close. "Traders reassessed the future path of interest rates, leading to a recovery in the US dollar and yields, following the US Fed's policymakers' emphasis on the need for US inflation to decrease further to justify lower borrowing costs and indicating that borrowing

Gold has major resistance at 74,500, buy the dips in near-term: Sharekhan

The metal was changing hands at $2381 at the time of the MCX closing, which is down 0.20 per cent from Wednesday's closing level

Gold price rises Rs 10 to Rs 74,030, silver up Rs 100 at Rs 89,200

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860

Gold price rises Rs 10 to Rs 73,260, silver jumps Rs 100 at Rs 87,700

The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,160

US homebuilder sentiment tumbles as high interest rates slow buyer traffic

Spot gold rose 0.4% to $2,367.29 per ounce, as of 1322 GMT. U.S. gold futures rose 0.6% to $2,372.70

Gold price declines Rs 10 to Rs 72,810, silver rises Rs 100 at Rs 87,300

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,960, Rs 72,810, and Rs 72,970, respectively

Gold declines as traders await key US inflation data for more rate cut cues

Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday