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

Gold prices edged higher early Friday and were on track for their biggest weekly gain since mid-April as the dollar softened and stocks eased amid the ongoing political crisis in the United States that weakened risk appetite. READ MORE



WHAT'S HAPPENING IN INDIA:
Gold and silver prices were trading lower in early trade on Friday on account of subdued demand for precious metals from jewellers, retailers and industries. READ MORE

WHAT HAPPENED YESTERDAY:
Safe haven gold was trading higher in the morning trade on Thursday supported by the political turmoil in the United States and tempered expectations for an aggressive string of interest rate hikes by the US Fed. READ MORE

IF RATES ARE STEADY, GOLD LOAN NBFCS MAY SEE 28 PER CENT GROWTH:
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

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. READ MORE