21
Wednesday
February 2018
4:27 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Gold plunges by Rs 600 to below Rs 31,000 level
 
(New Delhi, Feb 8, 2018): Gold prices today tumbled by Rs 600 to hit almost three-week low of Rs 30,950 per 10 grams in the local market here today due to weak global advices.

Fall in demand from local jewellers too kept pressure on the precious metal.

Silver cracked below the Rs 39,000-mark by falling Rs 450 to Rs 38,900 per kg on poor offtake by industrial units and coin makers.

Traders said sentiment was downbeat as the precious metal fell to four-week lows on a firmer dollar amid expectations of more US interest rate hikes, diminishing appeal of gold as a safe haven bet.

Gold prices fell 0.61 per cent to USD 1,310.10 an ounce, and silver by 0.37 per cent to USD 16.28 an ounce in Singapore.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell steeply by Rs 600 each to Rs 30,950 and Rs 30,800 per 10 grams, respectively. Gold of 99.9 per cent had at Rs 30,950 on January 18.

Sovereign, however, remained unaltered at Rs 24,800 per piece of eight grams.

Following gold, silver ready tumbled by Rs 450 to Rs 38,900 per kg and weekly-based delivery by Rs 820 to Rs 37,735 per kg.

Silver coins, on the other side, were unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces in scattered deals.(PTI)


Weak demand, global cues soften gold
Indian IT Likely To See 7-9% Growth In FY19, May Hire 1 Lakh New Techies
Rupee falls 31 paise against US dollar in opening trade
Tata Steel emerges as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore
Debt-laden Aircel to file for bankruptcy at NCLT
Gold slips on fall in demand, global cues
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
Rupee gains 6 paise against dollar in opening trade
Sensex rises 196 pts, Nifty reclaims 10,600-mark
Re gains 14 P to trade at 2-week high in opening trade
Uber CEO aims to pare losses and get 'the love back'
Jewellery stocks take a hit after PNB fraud
Sensex rises over 200 points, Nifty near 10600
Trump slams India for high import tariffs on Harley-Davidson
PM woos investors at Oman-India business meeting
Sensex sheds 144 pts in late sell-off; bank stocks sink
Rupee gains 19 paise against dollar in opening trade
Sensex recovers 260 points, Nifty above 10,500-mark
Sensex drops below 34K, Nifty loses over 1.5% amid global fall
Rupee drops 13 paise against dollar at 64.39
KERALA NEWS
'S Durga' cleared by CBFC without any cuts
 (Feb 21, 2018): Malayalam film "S Durga", which was dropped from the International Film Festi  
Man jumps before lion at Thiruvananthapuram zoo
UDF members boycott peace meet at Kannur
FIR against Priya: Supreme Court stays proceedings
INTERNATIONAL NEWS
Trump backs ban on 'bump stocks' on semi-automatic weapons
 (New York, Feb 21, 2018): Faced with an outpouring of grief and anger over a deadly school sh
Death toll crosses 200 as Syria regime pounds rebel enclave, sends fighters to face Turkey
Japan plan to build world's tallest wooden skyscraper
Nepal's two Communist parties decide to merge
NATIONAL NEWS
IRS officer held on molestation charge by his student
 (Patna, Feb 21, 2018): A senior government official was arrested here today for allegedly mol
Not much political space for Haasan's party in TN: Moily
SC allows Centre to withdraw force from Darjeeling hills
CBI begins questioning of Rotomac owner Kothari
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.