US gold dropped 0.1% at $1,341.90 an ounce
US gold dropped 0.7 percent to $1,337.20 an ounce
US gold dropped 0.6 per cent to $1,337.90 an ounce
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
India's gold demand fell significantly in the first half of 2016. World Gold Council data show the combined demand for jewellery and investment at only 247 tonnes. Import during January-June was 248 tonnes, 42 per cent lower than the corresponding period last year and lowest since 2009
However, silver fell by Rs 185 to Rs 46,465 per kg on reduced offtake by industrial units and coin makers
Gold fell 0.5 per cent to $1,345.80 an ounce in Singapore
Spot gold was down 0.4 percent at $1,346.56 an ounce at 0358 GMT, but up 0.8 per cent for the week
There may be further upside, as negative real interest rates in developed world unlikely to end soon
US gold climbed 0.6 per cent to $1,357.20 an ounce
Dollar also edged away from seven week lows against yen and euro on Wednesday following hawkish comments from Fed officials
Investors bet big on bullion as dollar is expected to remain under pressure
Silver also recovered by Rs 500 to Rs 47,000 per kg
Meanwhile, gold rose 0.6% to $1,347.16 an ounce in Singapore
Sliding prices of the metal in both global and domestic markets are seen as a contributory factor for the 52.5% decline
Spot gold was up about 0.4%, US gold was up 0.2%
Refining becomes unviable due to 2-4% price discount in India versus import; operating capacity falls below 25%
Around 80 tonnes of gold has been imported through unofficial channels in these four months
WGC expects demand to revive in H2 on surplus monsoon rains
Sudden spurt in sales of used jewellery indicates that farmers and usual consumers took advantage of gold price rise