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Gold demand down 11% as Chinese buying dips

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Global demand for gold fell 11 percent in the third quarter on an annual basis, as buying in key market China dipped because of its slowing economy, the World Gold Council said on Thursday.

Worldwide

Gold ETFs shine bright

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NSE records highest-ever traded value of virtual gold on Dhanteras Gold sales are good even if they are at least 20 to 25 per cent less than last year.

However, the sales are entirely sentiment-orien

150 sovereigns stolen from AIADMK leader

At least 150 sovereigns of gold was burgled from the house of an AIADMK fun­c­­tionary by a suspected “bureau puller” in Choo­­l­­­a­imedu on Tuesday night.

The incident came to light on Wednesday mo

Gold up by Rs 70 on festive demand; silver sheds Rs 640

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Amid strong festive demand and afirm trend overseas, gold prices rose for the fourth day in a row in the bullion market here today by adding Rs 70 to Rs 31,770 per 10 grams.

However, silver lacked ne

Gold zooms by Rs 350, silver by 1,500 on firm global cues

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Gold prices surged by Rs 350 to Rs 31,700 per 10 grams in the bullion market here on Wednesday, while silver gained Rs 1,500 to Rs 60,500 per kg in line with rally in the precious metals' overseas ami

Gold, silver extend gains on festive demand

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Both the precious metals, gold and silver, extended gains for the second straight day in the national capital on Tuesday on sustained buying by stockists and retailers for the festive season even a we

India, US trump Italy as top gold jewellery exporters

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Italy has lost its position as the world's premier gold jewellery exporter, overtaken by India and the United States, and risks slipping further due to its high cost base and tariff barriers.

For yea

Gold to ease to Rs 30,500 level on gaining rupee: Analysts

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Gold prices are likely to ease to Rs 30,500 per 10 grams in the near term due to strengthening of rupee following government's recent measures like fuel hike, experts said.

"Due to rupee strength

Gold near 3-week low, importers wait for further fall

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Gold importers in India, the world's biggest buyer of the metal, waited for prices to fall further as the yellow metal was trading near its lowest level in more than three weeks due to a stronger rupe

LTTE gold sneaking into India

Spurt in gold smuggling from Colombo after the ethnic war got over in Sri Lanka has forced some officials in Indian customs intelligence to believe that a lot of illegally-held gold is being smuggled

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