May 20, 2015 at 08:02 | Source: Reuters
Gold struggled near its lowest in a week on Wednesday, holding steep overnight losses triggered by a stronger dollar and stock market, with traders now waiting for minutes of the Federal Reserve's last policy meet for clues on the US rate outlook.
May 09, 2015 at 15:23 | Source: PTI
Bullion traders attributed the fall in gold prices to a decline in demand from jewellers as well as retailers at current levels but firming global trend capped the fall.
May 03, 2015 at 15:29 | Source: PTI
Gold prices plunged sharply and closed below the psychological Rs 27,000 benchmark on the bullion market here following frantic unwinding by stockists and speculative traders marred by heightened global volatility.
Apr 27, 2015 at 16:23 | Source: PTI
Traders said slackened demand from jewellers and retailers at prevailing higher levels mainly weighed on gold prices but a better trend overseas, restricted the fall.
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.