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Bullion traders News

17 May 2017

Three cops suspended for murder of Mathura traders

The Uttar Pradesh government on Wednesday suspended three policemen, including a station house officer, for laxity in the twin murder case of bullion traders in Mathura, an official said.

11 Feb 2017

Gold prices recover by Rs 225, silver tops Rs 43,000

Gold regained its glitter by surging Rs 225 to Rs 29,725 per 10 grams at the bullion market today, tracking a firm trend overseas amid pick-up in buying by local jewellers to meet wedding season demand.

14 Jan 2017

Gold falls by Rs 100 on weak demand; silver recovers

Halting its four-day winning run, gold drifted lower by Rs 100 to Rs 29,350 per 10 gram at the bullion market here today due to weak retail demand.

07 Jan 2017

Gold prices recover to Rs 28,740 per 10 grams on scattered buying, Silver rebounds too

Gold prices recovered by Rs 30 to Rs 28,740 per 10 grams on scattered buying by local jewellers even as the metal weakened overseas.

23 Dec 2016

Demonetisation: I-T detects Rs 47.74 cr unaccounted income of bullion traders, jewellers

The Income Tax department on Friday said it has detected undisclosed income of Rs 47.74 crore after surveys were conducted at half-a-dozen bullion traders and jewellers in the city following surge in their sales post demonetisation.

17 Dec 2016

Demonetisation: ED probes 4 bullion traders for Rs 69 crore cash deposits

The ED has conducted searches against four bullion traders in Mumbai and has detected Rs 69 crore worth transactions in cash done by them allegedly using fake companies.

12 Dec 2016

Gold recoups Rs 100, but falling fortune globally caps gains

Gold prices recovered from a 10-month low by rising Rs 100 to Rs 28,550 per 10 grams, taking its strength from scattered buying by local jewellers even as the metal weakened overseas.

15 Nov 2016

Jewellers shut shops for 5th day after Income Tax survey

Gold and jewellery establishments in the national capital remained closed for the 5th day today after the Income Tax Department conducted surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of demonetised notes.

India's gold demand

08 Nov 2016

India gold consumption drops 28% to 195 tonnes in Q3: World Gold Council

India's gold demand declined by 28 percent to 194.8 tonnes in the third quarter this year mainly due to higher prices, not so recovered rural wallet and regulatory changes, World Gold Council's said in its latest report.

05 Nov 2016

Gold maintains upward trend on global cues, gains Rs 100 to Rs 31,150 per ten gram

Gold prices rose for the fifth session in a row, by gaining Rs 100 to Rs 31,150 per ten gram today, supported by a firm global trend and wedding season demand from jewellers.

02 Nov 2016

Perk in buying pushes gold on road to recovery, touches 30,700 per 10 grams

Gold made some decent recovery by rising Rs 50 to 30,700 per 10 grams at the bullion market in the national capital today, aided by increased buying by jewellers to meet wedding season demand coupled with a firm global trend.

02 Nov 2016

Gold rises Rs 160 to Rs 30,750 per 10 gram on Diwali demand, silver glitters too

Gold price increased by Rs 160 to Rs 30,750 per 10 grams on the eve of Diwali at the bullion market today on increased buying by jewellers to meet festive demand along with a firm global trend.

09 Sep 2016

Gold prices fall further by Rs 150 to Rs 31,150 per ten grams on global cues

Gold remained weak for a second day as the prices fell by Rs 150 to Rs 31,150 per ten grams at the bullion market today, on a weak trend overseas and easing demand from jewellers at the domestic spot market.

27 Aug 2016

Gold rebounds on jewellers' buying, silver jumps Rs 280/kg

Gold recovered by Rs 100 to Rs 31,250 per 10 grams today on fresh buying by jewellers at the domestic spot market to meet retailers' demand even as the metal weakened overseas.

Bullion trade in July

15 Jul 2016

Gold recovers on jewellers' buying

Gold regained its glitter with prices rising by Rs 150 to Rs 30,800 per 10 grams at the bullion market today on pick-up in buying activity by jewellers at domestic spot market even as the metal weakened overseas.

25 Jun 2016

Gold slips from 26-month high, down Rs 485 on fall in demand

Gold prices fell from 26-month high by plunging Rs 485 to Rs 30,400 per 10 grams at the bullion market today on considerable fall in demand from jewellers at prevailing higher levels amid profit-selling by stockists, even as the metal strengthened overseas.

18 Jun 2016

Gold perks up on firm global cues, jewellers buying

Gold bounced back by Rs 150 to trade at Rs 29,800 per 10 grams today, tracking a firm trend overseas along with fresh buying by jewellers at the domestic spot market.

Gold prices in June

04 Jun 2016

Gold surges Rs 505; crosses Rs 29,225 per 10 gm on global cues

Positive global cues triggered gold prices to sharply move up by Rs 505 in the bullion market where the precious metal closed at 29,225 per 10 gm on Saturday.

16 May 2016

Gold and silver trading peaks in international commodities market

14 May 2016

Gold slips on low demand, silver rebounds sharply

Gold prices drifted lower by Rs 25 to Rs 30,025 per 10 grammes at the bullion market today as demand eased from jewellers and retailers at prevailing levels even as the metal strengthened overseas.

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