Tag Archive | "Gold & Silver"

Hallmarking of gold as quality assurance stuck in logjam

The government’s scheme for mandatory hallmarking of gold ornaments as an assurance of quality is stuck in legal wrangles for a decade now.

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Gold, silver recovers on fresh demand

Gold prices recovered smartly at the bullion market here today due to fresh buying from stockists and traders amidst local buying support.

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Asia’s largest gold refinery to come up in next 6 months: MMTC

Asia’s largest gold refinery built jointly by state-owned MMTC and Switzerland’s PAMP at an estimated investment of Rs 200 crore in Haryana is likely to go on stream by this fiscal end.

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Gold takes a knock on heavy unwinding, silver tumbles

Gold prices plunged on Friday on emergence of heavy off-loading from stockists and speculators, triggered by global bearishness.

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Gold on course for first weekly fall in 12 weeks

Gold was set for its first weekly decline in 12 weeks on Thursday after U.S. jobs data lifted the dollar and further eroded investor demand for bullion, although several analysts said they viewed this as temporary.

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Gold, silver down on heavy stockists off-loading

Gold prices dropped sharply at the bullion market here today on emergence of heavy offloading by stockists and speculators which was triggered by a massive sell-off in global markets.

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Gold falls to year’s low on global cues, restricted buying

Silver prices, too, followed suit and slid by Rs 900 to Rs 36,100 per kg on stockists selling and industrial units refraining from buying at prevailing high levels.

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Gold recovers on retail buying, silver regains 37K level

Gold prices recovered moderately at the bullion market here today on the back of fresh local buying interest coupled with better off-take from jewellery makers despite a bearish trend in global markets.

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Gold crosses Rs 20,000 level on festive buying

While the gold spurted by Rs 175 to an all-time high of Rs 20,120/ten grams, silver jumped up by Rs 1,200 to Rs 37,000 per kg.

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Rising gold lifts coin, gold loan demands

With Diwali approaching, banks and gold loan companies are gearing up to meet the rising demand for the yellow metal.

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