Gold rate today: Track Gold price in India and market outlook

Gold prices held firm on Friday on political uncertainty in the United States, but were set for their fourth straight weekly loss due to expectations of an interest rate hike by the US Federal Reserve in June. READ MORE



WHAT'S HAPPENING IN INDIA TODAY
Gold and silver were trading in green in morning trade on Friday on account of buying in precious metals by jewellers, investors and industries amid weakening US dollar. READ MORE

WHAT HAPPENED YESTERDAY
Reversing two days of gains, gold prices declined by Rs 265 to Rs 28,400 per 10 grams at the bullion market on Thursday on weak trend overseas and fall in demand from local jewellers. READ MORE

IF RATES ARE STEADY, GOLD LOAN NBFCS MAY SEE 28% GROWTH
Gold loan NBFCs such as Manappuram Finance and Muthoot Fincorp are expecting a growth of 15-28% 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

INDIA'S GOLD DEMAND UP 15% TO 123.5 TONNE IN Q1 2017: WGC
Gold demand in India increased by 15 per cent during the first quarter of 2017 to 123.5 tonne, signalling a return of optimism in the industry, according to World Gold Council (WGC). READ MORE