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M Trading
M Trading News
Gold import tariff
24 Jul 2015
Govt cuts tariff value on imported gold for 2nd straight week
The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.
Gold prices
27 Jun 2015
Gold advances on modest buying support; silver falls
Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.
Gold rate
20 Jun 2015
Gold slips on subdued demand amid global sluggishness
Standard gold (99.5 purity) fell by Rs 40 to settle at Rs 26,785 per 10 grams from Friday's level of Rs 26,825.
Gold prices
19 Jun 2015
Gold at over two-week high on global cues, jewellers buying
Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday
Gold Trends
13 Jun 2015
Gold softens in lackluster trade; silver tumbles
Standard gold (99.5 purity) eased by Rs 20 to settle at Rs 26,690 per 10 grams from overnight level of Rs 26,710.
Gold prices
06 Jun 2015
Gold falls Rs 320 this week
Gold suffered its biggest fall in nearly two-months on the back of heavy unwinding from jewellery stockists and savvy traders as well as lack of local buying support at existing levels.
Gold prices
06 Jun 2015
Gold slumps below Rs 27k as demand falters
Bullion traders attributed the weakness in gold to a sluggish global trend, where the yellow metal slumped to an 11-week low after the US economy added more jobs in May than forecast, bolstering the case for the US Fed to raise interest rates.
Gold prices
05 Jun 2015
Gold hits one-month lows on weak global cues, low demand
Following gold, silver ready suffered a setback of Rs 1,000 to Rs 37,400 per kg and weekly-based delivery by Rs 850 to Rs 37,080 per kg.
Gold rate
03 Jun 2015
Gold, silver extend gains on global cues, jewellers buying
In the national capital, gold of 99.9 and 99.5 percent purity moved up by Rs 70 each to Rs 27,340 and Rs 27,190 per ten grams, respectively. It had gained Rs 45 yesterday.
Gold rate
03 Jun 2015
Gold under pressure despite softer dollar as fund outflows weigh
Spot gold slipped 0.2 percent to $1,191.40 an ounce by 0323 GMT, after gaining 0.4 percent on Tuesday.
Gold import tariff
01 Jun 2015
Government reduces tariff value on gold, silver
During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.
Gold rate
01 Jun 2015
Gold hits 3-week low on subdued demand, global cues
In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 105 each to Rs 27,225 and Rs 27,075 per ten grams respectively. Its lowest level since May 7.
Gold prices
01 Jun 2015
Gold holds up on Greek crisis, but dollar strength caps gains
Spot gold was steady at $1,190.25 an ounce by 0322 GMT after earlier climbing to a session peak of $1,196.35, its highest since May 26.
Gold prices
29 May 2015
Gold prices fall by Rs 50 to 3-week low; Silver recovers
In the national capital, gold of 99.9 and 99.5 percent purity declined by Rs 50 each to Rs 27,275 and Rs 27,125 per ten grams respectively, the weakest level since May 8.
Current Gold rate
26 May 2015
Gold declines with silver to a 2 week low as dollar gains
Dollar Spot Index climbed to a one month high after a data on Friday showed US inflation rose more than the forecast in April.
Silver futures
26 May 2015
Silver falls by Rs 513 a kg in futures trading
At the Multi Commodity Exchange, silver for delivery in July moved down by Rs 513, or 1.31 percent, to Rs 38,627 per kg in business turnover of 6,780 lots.
Gold futures
26 May 2015
Gold futures retreat 0.51%, in line with global trend
Gold prices for delivery in June contracts fell by Rs 138, or 0.51%, to Rs 27,023 per 10 grams in business turnover of 3,439 lots in futures trading at the Multi Commodity Exchange.
Muthoot Fincorp
24 May 2015
Muthoot Fincorp plans gold recycling centres across country
Muthoot will be approaching the government seeking permission for private players to do hallmarking and recycling as the 350 BIS-authorised hallmarking centres cannot take the load if the scheme becomes a success.
Global Gold Trends
22 May 2015
Gold edges lower as dollar cuts losses after US data
Spot gold was down 0.3 percent at $1,205.28 an ounce by 2:43 p.m. EDT (1843 GMT), while U.S. gold futures for June delivery settled down 0.4 percent at $1,204.10 an ounce.
Gold futures
22 May 2015
Gold futures edge higher on global cues
Gold prices rose by Rs 76 to Rs 27,421 per 10 grams in futures trade on Friday.
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