Heavy buying by European investors in ETFs but weak Asian demand could keep prices weak, say analysts
The metal has fallen more than 4% since Fed meeting minutes last Wednesday revived expectations for an imminent rate increase
fading demand from jewellers in domestic spot market fuels downward trend; Silver sheds Rs 50 at Rs 39,450 per kg
Bullion for immediate delivery declined 0.5% to $1,242.91 an ounce by 10:27 am in London
Higher interest rates increase the opportunity cost of holding non-yielding bullion
Weak global trends with sluggish demand from the jewellers and retailers causing the fall
Weak sentiment in tandem with global trend where gold snapped three days of gains on talks of an interest rate hike
On the other hand, silver ready declined by Rs 160 to Rs 41,100 and weekly-based delivery by Rs 285 to Rs 41,090 per kg
Gold in Singapore, which mostly determines the price trend in Indian market, rose by 0.86% to $1,274.10 an ounce
Gold closed the quarter at $1,237/oz, 17% above the end-2015 price of $1,060/oz
Price rise, jewellers' strike dampened buying sentiment, says World Gold Council; expects a recovery in second half on favourable monsoon
The funds witnessed an outflow of Rs 903 crore, Rs 1,475 crore and Rs 2,293 crore in 2015-16, 2014-15 and 2013-14, respectively
China, Russia are depositing gold in reserves
Experts believe all measures put together will have desired impact on demand for physical gold. Black money will also find it difficult to move to gold
Globally, gold plunged by 1.89% to $1,263.40 an ounce on speculation that Fed might still boost US interest rates
Gold prices dipped by Rs 250 to close at Rs 30,100 per 10 grams
The precious metal adds Rs 225 to Rs 30,350 per 10 grams in the National Capital, its highest since May 10, 2014
Investors are eyeing US economic data to gauge the Fed outlook on monetary policy.
Gold is currently ruling at Rs 30,050 per 10 grams in domestic market. In February first week it was at Rs 26,930
As assets of the biggest bullion fund rose to their highest in over two years.