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Possibility of a US rate hike spells upper limit for the gold prices and no concrete evidence of global recovery defines lower band for gold prices
Geofin Comtrade has recommended to buy MCX Gold June around Rs 26925 levels with a stop loss below Rs 26830 for the target price of Rs 27050, in its research report dated May 29, 2015.
Gold and diamond jewellery company Rajesh Exports on Friday reported over three-fold jump in net profit at Rs 205.5 crore for the quarter ended March 31 2015, on the back
Spot gold prices fell to US 1,180.55 an ounce this week, their lowest since May 11, before recovering slightly. They are on track for their second straight weekly decline.
Watch the interview of Ravindra Rao of Anand Rathi Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
NCDEX announced the of a new national market for gold. The "Gold Now" platform is the first transparent and convenient online market for buying and selling gold.
Watch the interview of Navneet Damani of Motilal Oswal Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
they have bank fixed deposits of USD 1.1 trillion dollars and significant investments in gold.
One can buy gold on commodity exchange and by following a simple process can take delivery of physical gold.
Watch the interview of Kunal Shah of Nirmal Bang Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
According to Sushil Finance, gold prices are likely to trade positive on the back of short covering after sharp drop in prices.
Spot gold had slipped 0.1 percent to USD 1,205.10 an ounce by 0323 GMT. The metal was little changed in the previous session as liquidity was thin due to US and British holidays.
The company's EBITDA loss was due to substantial reduction in gold imports, said CMD Ved Prakash.
According to Angel Commodities, gold prices are expected to trade lower taking cues from international markets.
Watch the interview of T Gnanasekar of CommTrendz Research & Fund Management with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
Gold was trading close to its lowest level in over a week on Monday after Federal Reserve Chair Janet Yellen indicated the US central bank was likely to raise interest rates this year
The group has launched Muthoot Gold Point to recycle gold jewellery into bars at a nominal cost. It has already been running a pilot centre in Coimbatore for the past three months and just started
Goldm prices on MCX gained on Friday. MCX Goldm July contract was trading at Rs 27390 up Rs 127, or 0.47 percent.
Gold prices on MCX were trading higher on Friday. MCX Gold August contract was trading at Rs 27410 up Rs 65, or 0.24 percent.
Spot gold was little changed at USD 1,207.01 an ounce by 0048 GMT, after dropping 0.3 percent in the previous session.
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