Apr 20, 2015 at 19:56 | Source: PTI
The jewellery trade is expecting an increase of about 25-30 percent in sales this year in comparison to sales made last year on Akshya Tritiya.
Apr 20, 2015 at 18:04 | Source: Moneycontrol.com
According to Emkay, Gold prices can now rally towards Rs 27050/27125 areas. Traders who are holding long positions from lower levels should continue to do so for upside levels mentioned above. Intraday dips and reversals from lower levels should be bought by day traders, says the report.
Apr 18, 2015 at 16:53 | Source: PTI
Gold in New York, which normally sets price trend in the domestic market, rose by 0.46 percent to USD 1,203.30 an ounce in Friday's trade.
Apr 07, 2015 at 15:43 | Source: PTI
Silver also met with resistance and dropped by Rs 500 at Rs 38,000 per kg. Traders said apart from easing demand from jewellers and retailers at existing levels, a weak global trend mainly led to the decline in prices of the precious metals.
Mar 28, 2015 at 13:20 | Source: Reuters
Yellen will speak in San Francisco on monetary policy in a speech scheduled for 1945 GMT and traders will be listening for clues on when the Fed may begin tightening monetary policy.
Mar 27, 2015 at 09:34 | Source: Reuters
Tensions in the Middle East after Saudi Arabia and its allies launched air strikes in Yemen provided some support to gold, seen as a safe-haven asset.
Mar 13, 2015 at 15:17 | Source: Reuters
Gold, trading at about USD 1,158 an ounce on Friday, touched USD 1,147.10 on Wednesday, the lowest since Dec. 1. The metal fell for nine straight sessions to Thursday, the longest losing streak since 1973.
Mar 11, 2015 at 10:33 | Source: Reuters
Gold hovered near its lowest in over three months on Wednesday, hurt by consecutive losses in the last seven sessions as a robust dollar and expectations of higher US interest rates curbed appetite for the metal.
Mar 10, 2015 at 15:40 | Source: PTI
Silver also fell by 0.5 percent to USD 15.68 an ounce, the lowest since January 5. In the national capital, gold of 99.9 and 99.5 percent purity slumped by Rs 195 each to Rs 26,430 and Rs 26,230 per ten gram respectively. It had gained Rs 85 on Monday.
Feb 26, 2015 at 15:52 | Source: Moneycontrol.com
Geofin Comtrade has come out with its Pre-Budget expectations report on commodity market. "Market participants are expecting a positive action, especially considering the interest of the public and traders and not just economics and policy in the budget", says the report.