Oct 31, 2014 at 09:11 | Source: PTI
India, the second biggest consumer of the yellow metal globally, imported 95 tonnes of gold in September ahead of festivals like `Akshaya Tritiya' and Diwali, which see huge rush of consumers at jewellery outlets across the country.
May 05, 2014 at 12:46 | Source: Moneycontrol.com
With equities rallying already, riding on expectations of a better government after elections, it would suggest that buying gold at this point may not be theoretically sound.
May 05, 2014 at 12:40 | Source: Moneycontrol.com
While a stronger US dollar pressures the price of gold, there are other factors in favour of firm gold prices. Geopolitical tensions persist in different parts of the globe and any flashpoint makes money flow into gold
May 02, 2014 at 21:50 | Source: CNBC-TV18
Mumbai jewellers have seen a significant increase in demand this Akshaya Tritiya.
May 02, 2014 at 17:39 | Source: Moneycontrol.com
"With bulls yet to emerge in the market, we recommend the approach of staggered buying in gold starting at current levels to eye above mentioned higher levels as targets till next Akshaya Tritiya", says Religare Retail Research.
May 02, 2014 at 16:00 | Source: CNBC-TV18
In an interview to CNBC-TV18s Ekta Batra and Reema Tendulkar, Gajendra Kothari of Etica Wealth Management advises on whether to buy gold on Akshaya Tritiya or not.
May 02, 2014 at 12:17 | Source: Moneycontrol.com
The benchmark indices were trading flat on the auspicious day of Akshaya Tritiya. Selective buying was seen in pharma, IT and realty stocks. Capital goods and metal stocks were major laggards.
May 02, 2014 at 11:10 | Source: Moneycontrol.com
Angel Commodities Broking has come out with "Akshaya Tritiya special report on Gold". "Investor's appetite towards gold as a safe haven has drastically reduced and these will lead to gradual shift of funds from gold to other asset classes like equities exerting downside pressure on gold prices", says the report.
May 02, 2014 at 10:53 | Source: Moneycontrol.com
Should the much anticipated global economic recovery materialize, equities will be the clear favourites.
May 02, 2014 at 10:31 | Source: Moneycontrol.com
The Nifty is trading flat on the first trading day of this month that will decide the formation of new government at Centre. The Nifty is now facing profit booking at higher levels as market is now awaiting poll election results outcome on May 16.