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Gold shaken out of slumber by a mysterious 2 million ounce trade

After weeks of relative slumber, gold traders were rudely awoken to a surge in volume and volatility.

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Gold prices extend losses, shed Rs100 on muted demand

Gold prices drifted lower by another Rs100 to Rs29,700 per 10 grams at the bullion market on Wednesday on tepid demand from local jewellers and a weak trend overseas.

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Gold prices slip by Rs150

Gold prices declined by Rs150 to Rs29,800 per ten gram at the bullion market on Tuesday, tracking a weak trend overseas amid muted demand from local jewellers.

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India bans gold exports above 22 carats to plug trade loopholes

India has banned the export of gold products with purity above 22 carats with immediate effect, a move that the industry sees as a way of curbing irregularities in the trade.

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