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Gold Gains Amid Stimulus Speculation Before Bernanke Testimony

May 22, 2013 at 18:00 | Source: Business Week

Gold rose in New York as speculation that the U.S. Federal Reserve may signal the need for sustained stimulus countered further outflows from investor holdings. Silver and platinum advanced. The Federal Open Market Committee will publish minutes of i...

Physical gold market awaits fresh import guidelines

May 22, 2013 at 18:00 | Source: NDTV Profit

Mumbai: Indian gold prices rose half a per cent on Wednesday to extend gains for another session but the physical market remained muted, awaiting fresh guidelines from the Reserve Bank of India (RBI) after restrictions were placed on consignment impo...

Are rhino horns from Kaziranga taken to Vietnam?

May 22, 2013 at 16:14 | Source: FirstPost

Poachers killing rhinos at the Kaziranga National Park in Assam might go for a massacre if they replicate the plight of African rhinos, whose horns are costlier than gold in Vietnam. "We are in the midst of a rhino poaching crisis," Mark Jo...

Gold prices rise 0.81 pc in futures trade on global cues

May 22, 2013 at 16:11 | Source: Business Today

Gold prices rose by Rs 213, or 0.81 per cent, to Rs 26,456 per ten grams in futures trade on Wednesday as speculators enlarged their positions amid a firm global trend.Gold for delivery in August rose by Rs 213, or 0.81 per cent to Rs 26,456 per ten...

Gold Advances on Stimulus Speculation Before Bernanke

May 22, 2013 at 16:00 | Source: Bloomberg

Gold gained in London as speculation that the U.S. Federal Reserve may signal the need for sustained stimulus countered further outflows from investor holdings. The Federal Open Market Committee will publish minutes of its latest meeting today and Fe...

Gold futures rise to Rs 26,456 per 10 gm

May 22, 2013 at 15:37 | Source: The Hindu BusinessLine

New Delhi, May 22: Tracking a firm global trend, gold prices rose Rs 213 or 0.81 per cent to Rs 26,456 per ten grams at the futures trade today as speculators enlarged their positions.At the Multi Commodity Exchange, gold for delivery in August rose...

Stock futures edge up ahead of Bernanke, data

May 22, 2013 at 15:37 | Source: Market Watch

MADRID (MarketWatch) — U.S. stock market futures were pointing to a slightly firmer start for Wall Street on Wednesday ahead of a key appearance from Federal Reserve Chairman Ben Bernanke, along with minutes of the recent Fed meeting. Data is expe...

Gold prices rise 0.81% on global cues

May 22, 2013 at 15:37 | Source: Financial Express

Tracking a firm global trend, gold prices rose by Rs 213, or 0.81 per cent, to Rs 26,456 per ten grams in futures trade today as speculators enlarged their positions. At the Multi Commodity Exchange, gold for delivery in August rose by Rs 213, or 0....

Govt further cuts import tariff value of gold

May 22, 2013 at 15:37 | Source: Financial Express

In the wake of falling global prices of precious metals, the government today further slashed the import tariff value of gold to $440 per ten grams, while it has been kept unchanged at USD 761 per kg for silver imports. Tariff value is the base pric...

Import tariff value of gold slashed to $440 per 10 gm

May 22, 2013 at 15:37 | Source: The Hindu BusinessLine

New Delhi, May 22: In the wake of falling global prices of precious metals, the Government today further slashed the import tariff value of gold to $440 per ten grams, while it has kept the import tariff value of silver unchanged at $761 per kg.Tari...

Gold bar premiums in Asia hit record highs on China demand

May 22, 2013 at 15:35 | Source: Economic Times

SINGAPORE: Gold bars premiums hit a record high in Asia as lower spot gold prices wooed more buyers mainly in China, the world's second biggest gold consumer, amid tight physical supplies. Premiums for gold bars in Hong Kong touched a new all-time h...

Gold duty to fall as govt lowers import tariff value again

May 22, 2013 at 15:12 | Source: FirstPost

New Delhi: In the wake of falling global prices of precious metals, the government today further slashed the import tariff value of gold to $440 per ten grams, while it has been kept unchanged at $761 per kg for silver imports.Tariff value is the bas...

Rupee crosses 55: Will it halt equity, bond rally?

May 22, 2013 at 14:40 | Source: FirstPost

The Sensex and Nifty are just off by a couple of percentage points from all time highs, while the ten-year bond yield is at a three and half year low. The Indian Rupee (INR) is trading just off 3% from all time lows against the USD. The INR is tradin...

What's common between gold, Apple and Facebook

May 22, 2013 at 14:36 | Source: FirstPost

With the global economy set to improve and the US Fed hinting at another bond buying scheme, gold has lost favour with investing circles. However, what's interesting is that a similar plunge in IT stocks like Facebook and Apple has corresponded with ...

Govt further cuts import tariff value of gold

May 22, 2013 at 14:25 | Source: Business Today

In the wake of falling global prices of gold, the government on Wednesday further slashed the import tariff value of gold to $440 per ten grams, while it has been kept unchanged at $761 per kg for silver imports.Tariff value is the base price on whi...

Gold gains on US stimulus hopes; Bernanke eyed

May 22, 2013 at 14:25 | Source: Economic Times

SINGAPORE: Gold rose on Wednesday on strong Chinese demand and after Federal Reserve officials allayed investor concerns that the US central bank will soon exit its bullion-friendly bond purchases. Gold has been pressured in recent weeks by fears th...

Government further cuts import tariff value of gold to $440/10g

May 22, 2013 at 14:25 | Source: Economic Times

NEW DELHI: In the wake of falling global prices of precious metals, the government today further slashed the import tariff value of gold to $440 per ten grams, while it has been kept unchanged at $761 per kg for silver imports. Tariff value is the b...

Expect rupee to remain in a range of 54.50-56/$: Jamal Mecklai, Mecklai Financial Services

May 22, 2013 at 14:25 | Source: Economic Times

In an interview with ET Now, Jamal Mecklai, CEO, Mecklai Financial Services Ltd, shares his outlook for the rupee. Excerpts: ET Now: What is your sense on how much weakness can we see for the currency? Jamal Mecklai: This was a short-term blip. There...

Gold gains on US stimulus hopes, China buying

May 22, 2013 at 14:00 | Source: NDTV Profit

Gold rose on Wednesday on strong Chinese demand and after Federal Reserve officials allayed investor concerns that the U.S. central bank will soon exit its bullion-friendly bond purchases. Gold has been pressured in recent weeks by fears the Fed coul...

What bullion dealers are saying about gold demand

May 22, 2013 at 13:42 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — It’s no surprise that investors took advantage of April’s nearly 8% drop in gold prices to scoop up coins and bars, but even some bullion dealers were surprised by the numbers. Bullion dealers have characterized t...

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