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BSE Sensex up 100; gold cracks 1.7% on MCX

20-05-2013| Source:Moneycontrol.com

is up 99.47 points or 0.49% at 20385.59, and the Nifty up 20.55 points or 0.33% at 6207.85. About 1116 shares have advanced, 888 shares declined, and 122 shares are unchanged.MCX Gold cracked over a

Remain bearish on gold & silver: Motilal Oswal  

20-05-2013| Source:CNBC-TV18

barrel kind of levels.Q: Last time gold fell. There was a big queue to buy gold from the domestic crowd, this time do you see a similar trend or would you advocate some bearishness on trading gold?A: I

MCX Goldguinea May contract declines 1.5%

20-05-2013| Source:Moneycontrol.com

MCX Goldguinea prices have moved down Rs 3705, or 15.37 percent in the May series so far. At 11:21 hrs MCX GOLDGUINEA May contract was trading at Rs 20395 down Rs 327, or 1.58 percent.

Gold falls for eighth session, silver down sharply

20-05-2013| Source:Reuters

Investors have been dumping gold, which is down 20 percent so far this year, as stocks and the dollar continue to outperform. If gold closes in the red on Monday, it would match the metal's longest

Asian shares rise; Yen edges up from lows

20-05-2013| Source:Reuters

could begin easing back on the monetary gas pedal this summer and end bond buying late this year.Gold tumbled 1.5 percent to a one-month low of USD 1,338.95 earlier on Monday, pressured by expectations

RBI, Sebi should create awareness against ponzi schemes

20-05-2013| Source:PTI

RBI or SebiI should begin a major campaign in line with Jago Grahak Jago, woolmark or hallmark (gold) to create awareness among the investors about these ponzi schemes, SBI chairman Pratip Chaudhuri

S&P sees new high; will Nifty cross 6200 today?

20-05-2013| Source:Moneycontrol.com

to the dollar. The dollar index is above the 84 mark. In commodities, Brent crude hovered above USD 104 levels on positive eco data. However, a strong dollar kept a lid on gains. From precious metals space, gold

No asset class is risk-free: Axis Cap's Nandan Chakraborty  

18-05-2013| Source:CNBC-TV18

Property, gold, stocks every asset class has been through highs and lows. Even though gold and property may seem the perfect investment in the present scenario of high inflation, and volatility may

Gold not best asset to be in; look at equities now  

18-05-2013| Source:CNBC-TV18

Udayan Mukherjee, managing editor, CNBC-TV18, believes gold is an unproductive asset. In CNBC-TV18's special show, Investor Camp, he said there is no way to actually value gold other than

Hedge funds sell gold after propping mkt a month ago

18-05-2013| Source:Reuters

Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble

Forex reserves down $616.4 mn to $293.69 bn

18-05-2013| Source:PTI

terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said. The gold reserves remained unchanged at USD 23

Gold falls to 1-month low as Fed comments lift dollar

17-05-2013| Source:Reuters

Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in monetary easing lifted the dollar.

Gold may retest April low of USD 1300-1320 in coming weeks

17-05-2013| Source:Moneycontrol.com

IIFL has come out with its weekly update on metals & energy. The deterioration in the futures and ETFs would prevail over the healthy physical demand of gold in the short run. We infer

MCX Goldpetal June contract declines

17-05-2013| Source:Moneycontrol.com

MCX Goldpetal June contract was trading at Rs 2610 down Rs 16, or 0.61 percent. GOLDPETAL prices have moved down Rs 414, or 13.69 percent in the June series so far.

Gold's fall not over yet; sell now recommend experts  

17-05-2013| Source:CNBC-TV18

Experts' bearishness comes on the back of the metal seeing the worst decline in a month after investors cut their exposure to bullion. Gold exchange-traded funds (ETFs) fell to its lowest level

MCX Goldm July contract trades lower

17-05-2013| Source:Moneycontrol.com

MCX Goldm July contract was trading at Rs 26046 down Rs 159, or 0.61 percent. GOLDM prices have moved down Rs 3954, or 13.18 percent in the July series so far.

Don't see gold touching $1,100/oz by year-end: UBS  

17-05-2013| Source:CNBC-TV18

In a new note to clients, Credit Suisse's Ric Deverall forecasted that gold would plunge to USD 1,100 this year and eventually to USD 1,000 within five years.

Manappuram Finance has support at Rs 14: SP Tulsian  

17-05-2013| Source:CNBC-TV18

SP Tulsian of sptulsian.com is of the view that Manappuram Finance has support at Rs 14. Once the gold stabilises which is likely to happen in next couple of months then you can see this stock moving

Buy MCX Gold June fut on decline: Fortune Financial

17-05-2013| Source:Moneycontrol.com

Fortune Financial Services has come out with its report on Gold, Silver, Copper and Nickel. According to the research firm, MCX Gold June futures contract is looking strong on chart, day traders can

Gold to face more selling pressure: IIFL  

17-05-2013| Source:CNBC-TV18

Tarang Bhanushali of IIFL believes that the dollar index hitting new highs would lead to further selling in gold prices in the near-term.