
This is in sharp contrast to the global gold ETFs which saw inflows of $3.4 billion in May, reversing three straight months of net outflows

Gold investment: One of the key drivers of gold prices nowadays is the negative real yields on bonds in a low interest rate regime

It is perceived that evolving regulatory frameworks may change the value proposition of cryptocurrencies

"Lower interest rates, unstable economic growth and global inflation will push yellow metal higher," said Anuj Gupta, Vice President (VP), Commodity a

"Gold prices traded near a five-month high scaled last week, supported by a softer dollar"

The redemption price for the early redemption of SGB Tranche I, issued in November 2015, will be Rs 4,837 per unit of SGB, RBI said

In the international market, gold was trading with gains at $1,908 per ounce and silver was flat at $28.07 per ounce

On MCX, gold rose 0.24% to over a four-month high of Rs 48,519 per 10 gram as weaker US dollar and growing inflationary pressures continue to support

Weak US dollar and concerns surrounding inflation are pushing gold prices higher

Usually, 30-40 tonne gold is sold on the auspicious occasion of Akshaya Tritiya. However, this time sales are not likely to reach even 1 tonne