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Latest Goldpetal News
HSBC says rupee better suited to stand USD strength
21-05-2013| Source:Reuters HSBC believes that INR is a main beneficiary of lower commodity prices as it suffers from significant oil and gold trade deficits.
Buy MCX Gold June near Rs 26200; target Rs 26600: Geojit
21-05-2013| Source:Moneycontrol.com Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can buy MCX Gold June contract around Rs 26200 levels with a stop loss below Rs 26000 for price
Lack of physical gold buying to keep prices in range: Emkay
21-05-2013| Source:Moneycontrol.com Emkay Commodity Research has come out with its report on precious metals and energy. According to the research firm, gold prices are expected to move in a range as technical buying in lower levels
Gold futures edge higher from 1-month low
21-05-2013| Source:Reuters India's gold and silver imports jumped 138 percent in value terms in April as traders stocked up ahead of the Akshaya Tritiya festival in May, which is an occasion to buy gold.
MCX Goldguinea May contract trades flat
21-05-2013| Source:Moneycontrol.com MCX Goldguinea prices have moved down Rs 3174, or 13.17 percent in the May series so far. At 13:51 hrs MCX GOLDGUINEA May contract was trading at Rs 20926 up Rs 17, or 0.08 percent.
Sell MCX Gold June fut; target Rs 25800: Fortune Financial
21-05-2013| Source:Moneycontrol.com Fortune Financial Services has come out with its technical report on bullion. According to the research firm, MCX Gold June futures contract trend is weak on chart, traders can sell on rise or sell
Silver price to correct further if Fed hawkish: Anand Rathi
21-05-2013| Source:CNBC-TV18 Silver is more volatile than gold therefore any movement in silver prices is always magnified. If FOMC is hawkish about their policy move, then one can expect prices to correct further.
MCX Gold June contract trades higher
21-05-2013| Source:CNBC-TV18 MCX Gold prices have moved down Rs 5859, or 18.20 percent in the June series so far. At 11:07 hrs MCX Gold June contract was trading at Rs 26335 up Rs 247, or 0.95 percent.
Don't see fall in gold jewellery demand: Titan
21-05-2013| Source:CNBC-TV18 Gold fell to its lowest level in 21 months on Monday and analysts expect the prices of the yellow metal to remain bearish over the next few months. Bhaskar Bhat, MD of watches to jewellery Track Goldpetal (MCX)
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