Nov 20, 2014 at 10:06 | Source: PTI
Of the six top gold importers, three are based out of Mumbai and the others have head offices in Bangalore, Haryana and Delhi.
Nov 05, 2014 at 13:42 | Source: Moneycontrol.com
According to one technical analyst, the fall in gold prices is far from done. Trader Brian Kelly recently spotted a rare but what he claims to be a dreaded chart pattern in the price of gold: the vomiting camel.
Oct 31, 2014 at 21:17 | Source: PTI
Gold suffered its biggest fall in over 15 months and closed below the key Rs 26,000 per 10 grams mark at the domestic bullion market today on the back of massive selling from speculative traders and stockists.
Aug 25, 2014 at 19:30 | Source: PTI
Gold has lost nearly Rs 700, or 2.53 per cent in last six trading sessions as most local buyers sidelined on expectations of further fall in prices in the wave of ongoing uncertainty in global markets, a bullion trader said.
Aug 02, 2014 at 16:24 | Source: PTI
Traders said increased buying by jewellers and retailers to meet ensuing festive season demand mainly kept gold prices up for the third straight day.
Jul 28, 2014 at 15:53 | Source: Moneycontrol.com
Traders should hold on to the short positions in Gold and trail their stop loss to $1,318. On the downside, if gold slips to $1,280 and $1,263 then it should be considered as a buying opportunity as these are crucial supports and potential trend reversal points, says Sharekhan.
Jul 03, 2014 at 10:50 | Source: Moneycontrol.com
Angel Commodities expects gold and silver prices to trade sideways as traders remain at bay before the outcome of key data released tonight.
Jun 17, 2014 at 19:01 | Source: Moneycontrol.com
In the evening session expect bullion, crude prices to trade sideways as traders remain on sidelines till the outcome of FOMC meeting due tomorrow. In case of base metals expect prices to trade positive in line with strength in international markets as the economic data released from UK and Eurozone is acting as a positive factor, says Angel.
Jun 16, 2014 at 17:57 | Source: Moneycontrol.com
Sharekhan has come out with its report on bullion. The research firm expects levels of USD1305/oz in gold, which is the daily upper Bollinger Band, and USD1365, which is the weekly upper Bollinger Band. Traders should place a stop loss of 1240, which is the low it touched in the penultimate week", says the report.
Jun 11, 2014 at 12:46 | Source: Moneycontrol.com
Karvy Commodities has advised traders to initiate longs, however only on intraday perspective as short-term scenario still stays bearish.