Current Gold Price: Track current gold rate trends and news

Gold prices firmed on Wednesday on lower equities and a weaker US dollar after European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year. READ MORE



WHAT'S HAPPENING IN INDIA:
Gold and silver were trading in green on lower equities and a weaker US dollar after European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year. Robust buying by investors, retailers and industries further support precious metals in morning deals. READ MORE

WHAT HAPPENED YESTERDAY:
Gold held steady on Tuesday supported by an easing dollar, with investors looking to a speech later in the day by Federal Reserve Chair Janet Yellen for clues on the outlook for US monetary policy. READ MORE

IF RATES ARE STEADY, GOLD LOAN NBFCS MAY SEE 28 PER CENT GROWTH:
Gold loan NBFCs such as Manappuram FinanceBSE -0.11 per cent and Muthoot FincorpBSE 0.41 per cent are expecting a growth of 15-28 per cent in the current financial year in business if gold prices stay the way they are, and there are no major disruptions to the domestic and global economy. READ MORE

METAL MANIA - GOLD IMPORTS RISE 200% AS CASH MAKES A COMEBACK:
A jump in retail demand, thanks to the increase of cash in circulation since demonetisation, and the low base effect last year are behind the spurt in gold imports in April from a year ago, say metal analysts and jewellery company officials. READ MORE