Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report.
Gold prices declined Rs 231 to Rs 48,421 per 10 gram in the national capital on Wednesday, according to HDFC Securities.
The gem and jewellery industry wants the Modi government to reduce customs duty on gold, withdraw of tax collected at source, cut in import duty on polished precious and semi-precious gemstones.
Gold prices fell Rs 141 to Rs 48,509 per 10 grams in the national capital on Monday, continuing the previous day's weakness, according to HDFC Securities.
Gold prices declined by Rs 263 to Rs 48,861 per 10 grams in the national capital, snapping a three-day winning streak on Friday, due to a weak trend in the international market, according to HDFC Securities.
Delhi Police have arrested a 25-year-old man in connection with theft of 25 kg gold worth Rs 13 crore from a jewellery showroom in Kalkaji area.
Gold prices rose for the third consecutive day gaining Rs 347 to Rs 48,758 per 10 gram in the national capital on Wednesday, in line with rally in global precious metal prices, according to HDFC Securities.
Gold prices rose Rs 198 to Rs 48,480 per 10 gram in the national capital on Tuesday following a rally in international precious metal prices, according to HDFC Securities.
Gold prices rose by Rs 117 to Rs 48,332 per 10 grams in the national capital on Monday with recovery in international prices and rupee depreciation, according to HDFC Securities.
Gold prices fell Rs 108 to Rs 48,877 per 10 gram in the national capital on Wednesday as rupee appreciation capped upside in the price of the precious metal, according to HDFC Securities.
Gold prices jumped for the second consecutive day gaining Rs 297 to Rs 48,946 per 10 gram in the national capital on Tuesday, in line with rally in international precious metal prices, according to HDFC Securities.
Gold prices on Monday gained Rs 389 to Rs 48,866 per 10 gram in the national capital, in line with the rise in global price of the yellow metal and rupee depreciation, according to HDFC Securities.
Gold to glitter more in 2021! Yellow metal to break records - Predictions
Gold prices fell Rs 614 to Rs 49,763 per 10 gram in the national capital on Friday, tracking a weak global trend, according to HDFC Securities.
Gold prices plunged Rs 714 to Rs 50,335 per 10 gram in the national capital on Thursday, reflecting a decline in global precious metal prices, according to HDFC Securities.
Gold prices fell Rs 71 to Rs 51,125 per 10 grams in the national capital on Wednesday amid rupee appreciation, according to HDFC Securities.
Gold prices declined marginally by Rs 16 to Rs 49,484 per 10 gram in the national capital on Wednesday amid a stronger rupee, according to HDFC Securities.
Gold prices rose marginally by Rs 39 to Rs 49,610 per 10 gram in the national capital on Tuesday, continuing the upside for the third consecutive day, in line with the rally in international prices of the precious metal, according to HDFC Securities.
Customs at Mumbai International Airport seized 481 grams gold from a woman who arrived from Dubai on December 28.
Gold prices on Monday rose Rs 185 to Rs 49,757 per 10 gram in the national capital, in line with the rally in price of the precious metal globally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,572 per 10 gram.
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