Jul 28, 2015 at 15:09 | Source: Reuters
A plunge in Chinese share prices from mid-June has not helped bullion, GFMS said in a quarterly report, although it was cautiously optimistic that global demand and prices could start to pick up in the final quarter of the year.
Jul 28, 2015 at 10:10 | Source: Reuters
Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates.
Jul 27, 2015 at 21:48 | Source: PTI
Private lender IndusInd Bank on Monday said it has completed acquisition of Royal Bank of Scotland's diamond and jewellery financing business in the country to strengthen its position in the segment.
Jul 27, 2015 at 16:00 | Source: PTI
Gold rose for the second day by adding Rs 90 to trade at Rs 25,490 per ten grams at the bullion market on Monday in tandem with a firming global trend amid increased buying by jewellers.
Jul 27, 2015 at 11:26 | Source: PTI
Hinduja Group-promoted IndusInd Bank on Monday said it has completed acquisition of Royal Bank of Scotland's diamond and jewellery financing business in the country.
Jul 27, 2015 at 09:25 | Source: Reuters
The Fed will hold a two-day meeting that ends on Wednesday at which policymakers are likely to send more signals pointing to a rate rise later in the year as the US economy strengthens. That is negative for non-interest-paying bullion.
Jul 24, 2015 at 16:43 | Source: PTI
Gold prices on Friday fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs 34,000-level to trade at about five-year low at the bullion market here due to a weak trend in global market and slackened demand from jewellers and retailers.
Jul 24, 2015 at 12:56 | Source: Moneycontrol.com
According to Sushil Finance, gold prices to trade negative on the back of U.S. interest rate outlook.
Jul 23, 2015 at 17:41 | Source: PTI
In addition, emergence of buying by jewellers at prevailing levels, though selective, supported the upside in the precious metal prices. Silver also showed some signs of recovery and gathered Rs 230 to settle at Rs 34,330 per kg on scattered demand from consuming industries.
Jul 23, 2015 at 11:15 | Source: Reuters
Gold edged up from a five-year low on Thursday as the dollar weakened, but the modest gains suggest bearish investors are still hovering in the market after an early-week rout led to bullion's deepest loss in nearly two years.