Yelllow metal adds Rs 50 per 10 grams in NCR, Silver up by Rs 300 a kg on higher offtake at home
Here are some emerging trends that are expected to change the way gold business is done in India
Absence of cues from global markets which are closed, mainly kept gold prices unaltered
The gold biscuits had been allegedly smuggled from Sri Lanka and were being taken to Tiruchirappalli
The most active US gold futures for Feb delivery settled up $2.1, or 0.18%, at $1,140.90 per ounce
The bullion trade was very thin since February and the average monthly import was 25-30 tonnes
Silver (.999 fineness) fell by Rs 275 per kg to finish at Rs 39,300 from from Rs 39,575
Gold futures for February delivery went up by $10.90, or 1 per cent, at $1,144.50 in light volume
Gold holdings at Muthoot Finance, Manappuram Finance and Muthoot Fincorp stood at 263 tonnes in Sept
Silver fell by Rs 210 to Rs 38,600 a kg on reduced offtake by industrial units and coin makers
Bullion gave up earlier gains as the greenback came off session lows against six major currencies
Silver rebounded, gaining Rs 650 to Rs 39,650 per kg
Spot gold fell 1 per cent to $1,126.65 an ounce
Hedge funds cut their bets on a rally to the lowest since February, while outflows are ramping up from exchange-traded funds
Gold for February delivery rose to USD 1,141.30 an ounce. Last week, gold shed about 1.8 per cent
Total imports of the precious metal in the corresponding period of FY16 stood at $22.64 billion
US gold futures gained 0.6% to $1,143.60 per ounce on Monday
US gold futures settled up 0.7 per cent at $1,137.40
Imports were worth $3.54 billion in November last year, according to the official data
Standard gold closed at Rs 27,500 per 10g on Thursday to trade at a level not seen since Feb 4