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Gold steady after 3-day gain;equity slump fuel haven demand

02-09-2015| Source:PTI

Gold, on Wednesday, held gains as investors sought a safe haven from recent equity declines sparked by concerns of a deepening slowdown in China. Gold was little changed at USD 1,138.78 an ounce

MCX Goldpetal October contract slips


Goldpetal prices on MCX slipped on Wednesday. MCX Goldpetal October contract was trading at Rs 2671 down Rs 12, or 0.45 percent.

Base metals trading on neutral note today: Geofin


Geofin Comtrade report on Metals & EnergyGold edged lower on Wednesday with appetite for the metal soured by a firmer dollar despite weaker Asian equities, and failure to breach a key resistance

MCX Goldm October contract declines


Goldm prices on MCX were trading with marginal loss on Wednesday. MCX Goldm October contract was trading at Rs 26794 down Rs 37, or 0.14 percent.

Go short on gold & silver: Naveen Mathur  

02-09-2015| Source:CNBC-TV18

Watch the interview of Naveen Mathur of Angel Commodities with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

MCX Gold December contract slips


Gold prices on MCX were trading lower on Wednesday. MCX Gold December contract was trading at Rs 26947 down Rs 95, or 0.35 percent.

Gold drops after 4-day gain, weaker equities may support

02-09-2015| Source:Reuters

Sustained losses in Asian equities could switch some funds to gold after data showed US factory activity hit a more than two-year low in August, coming on the heels of a survey showing China

Nifty likely to open in green; Asia opens mixed


the euro and safe-haven yen higher.Crude prices declined sharply with Nymex crude sliding to 44 dollars a barrel. Also a report showed US crude stocks rose last week.In the precious metals space, gold prices

Gold extends gains on haven demand as global equities slump

01-09-2015| Source:PTI

Gold climbed 0.8 percent to USD 1,144.33 an ounce. The metal rose 3.6 percent in last month. Silver also rose 0.2 percent to USD 14.65 an ounce, rising for the fourth day.

Gold tops Rs 27,000-mark on global cues, seasonal demand

01-09-2015| Source:PTI

Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown

Recent surge in gold prices is an opportunity to sell


Gold prices rallied due to short covering and some short term volatility due to concerns over China. However, in medium term USD 1000 price tag of gold may be reached and gold may see new low.

Buy gold & crude: Kunal Shah  

01-09-2015| Source:CNBC-TV18

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.

Gold may remain volatile due to uncertainty: Sushil Finance


According to Sushil Finance, gold prices are expected to trade volatile due to uncertainty.

MCX Gold December contract gains


Gold prices on MCX were trading higher on Tuesday. MCX Gold December contract was trading at Rs 27050 up Rs 169, or 0.63 percent.

Dubai gold retailer defaults on $136 mn

01-09-2015| Source:Reuters

A Dubai-based gold and jewellery retailer has defaulted on loans worth about 500 million dirhams (USD 136.2 million), with banks considering options including legal action to retrieve the money

Gold gains as equities, $ retreat; Fed hike view caps rise

01-09-2015| Source:Reuters

Gold edged higher on Tuesday as equities faltered on mounting expectations that the US Federal Reserve will likely go ahead with an interest rate increase this month.Fed Vice Chairman Stanley Fischer

Gold spurts on good stockists buying, seasonal demand

31-08-2015| Source:PTI

Silver rallied further on the back of heavy offtake by industrial units and speculative traders. Standard gold (99.5 purity) jumped by Rs 235 to finish at Rs 26,505 per 10 grams from Friday's closing

Gold steadies, awaiting fresh clues on US rate rise

31-08-2015| Source:Reuters

Spot gold was flat at USD 1,132.98 an ounce at 0934 GMT, while US gold futures for December delivery were down 90 cents an ounce at USD 1,133.10. The metal fell 2.3 percent last week as a sell

MCX Goldpetal October contract trades flat


Goldpetal prices on MCX were trading flat on Monday. MCX Goldpetal October contract was trading at Rs 2668 down Rs 1, or 0.04 percent.

MCX Goldm October contract gains


Goldm prices on MCX were trading higher on Monday. MCX Goldm October contract was trading at Rs 26690 up Rs 59, or 0.22 percent.

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