In the international markets, Comex gold futures for April delivery climbed USD 24.94 per ounce, or 0.86 per cent, to USD 2,925.64 per ounce in the global market
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,410
The increase in imports also indicates strong investor confidence in the precious metal as a safe asset. The other reasons include asset diversification towards gold due to global uncertainties
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 78,890
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810
The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,390
Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a 1 per cent tariff concession under tariff rate quota (TRQ)
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,110
Higher leasing rates are driving up jewellery production costs in the world's second-largest gold consumer and could squeeze margins of jewellers such as Titan, Kalyan Jewellers
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,440
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,290
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 79,310
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 79,060
Spot gold prices rose by 27 per cent last year, the most since 2010, as investors chose the metal to hedge against global risks and as the US Federal Reserve slashed interest rates
Demand for gold could stand between 700 metric tonnes and 800 metric tonnes, compared to last year's 802.8 tonnes
China imposed tariffs on US imports, swiftly responding to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada
China imposed tariffs on US imports in a swift response to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada
Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 77,040