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Gold and silver were trading higher in morning trade on Friday on account of buying in precious metals by jewellers, industries and retailers

WHAT'S HAPPENING IN INDIA
Gold and silver were trading higher in morning trade on Friday on account of buying in precious metals by jewellers, industries and retailers. READ MORE
WHAT HAPPENED YESTERDAY
Gold held steady on Thursday to keep most of its gains from the previous session, with the dollar slipping after minutes of the US Federal Reserve's last policy meeting dampened hopes for an aggressive string of interest rate hikes. 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
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