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Scrapping of high denomination currency notes also impacted the amount of gold smuggled into the country through various unofficial channels.

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

Bullion traders attributed recovery in gold to a firm trend overseas and increased buying by local jewellers.

11 Feb 2017 4:25 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold adds gain on global cues, jewellers' buying

Silver also advanced by Rs 25 to Rs 39,075 per kg due to increased offtake by industrial units.

24 Jun 2017 3:45 PM IST

AIU officers rummaged AI 984, which resulted in the recovery of 20 gold bars and one crude gold chain totally weighing 2.362 kilograms valued at Rs 71,66,308. (Representational Image)

Gold drops Rs 100 on global cues, muted demand

Silver held steady at Rs 38,700 per kg in limited deals from consuming industries.

20 Jun 2017 2:43 PM IST

The decline in January is 43 per cent from the gold imported in the corresponding month in 2016.

Gold futures drop by Rs 51 to Rs 28,639 per 10 gm

Gold futures often drops when rates rise as some investors back away from the metal because it does not pay the expected...

19 Jun 2017 10:52 AM IST

A woman tries a gold necklace in a shop on the occasion of Akshaya Tritiya in New Delhi on Friday. (Photo: PTI)

Akshaya Tritiya buying, global cue spur gold price

Traders said besides token purchases on the auspicious occasion of Akshaya Tritiya', a firm trend overseas mainly kept...

29 April 2017 12:57 AM IST

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold prices likely to drop after US Fed rate hike talk

The bullion market may remain subdued as investors may exit gold ETFs after US Federal Reserve hikes its interest rates...

26 Dec 2016 3:53 AM IST

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold futures drop Rs 47 on weak global cues

At MCX, Gold for delivery in April eased 0.17 per cent to Rs 26,916 per 10 grams.

22 Dec 2016 11:15 AM IST

Ancestral jewellery and gold as also that purchased from disclosed income not to be taxed.

Gold hits 10-month low in Delhi

Silver, however, firmed up further by Rs 250 to Rs 41,850 per kg due to increased offtake by industrial units and coin...

10 Dec 2016 1:42 AM IST