News from other websites on Gold
Gold could rule flat, pausing for US Fed meet
Jun 18, 2013 at 10:22 | Source: The Hindu BusinessLine
Chennai, June 18: Gold prices on domestic and futures market are likely to rule flat on Tuesday as the market looks for direction from a key meeting of the US Federal Reserve. But investors continue to be bearish, further paring their holdings in el...
Gold price slips as investors await US stimulus outlook
Jun 18, 2013 at 10:22 | Source: Financial Express
Gold fell on Monday as Asian shares reversed early losses and investors waited for a U.S. Federal Reserve meeting later this week for an outlook on the central bank's bond buying programme. The Fed meets on June 18-19 against a backdrop of stronger-...
Risks to Economy Receding; Time for RBI to Cut Interest Rates: ASSOCHAM
Jun 18, 2013 at 09:52 | Source: Assocham
Most of the risk factors flagged by the Reserve Bank of India in its annual monetary policy statement of May 3 have significantly receded leaving a lot more headroom for the central bank to go in for further cut in the key policy interest rates, ASS...
India's April-May trade deficit rises over 22 % to $38 billion
Jun 18, 2013 at 09:52 | Source: DomainB
India added $20.14 billion to its trade deficit in May 2013, taking the country's negative trade balance for the first two months of the current fiscal (April-May 2013-14) to $37.93 billion. At $37,930.96 million, India trade deficit for April-May 2...
Treasurys fall on Fed tapering report
Jun 18, 2013 at 09:52 | Source: Market Watch
NEW YORK (MarketWatch) — Treasurys fell Monday after a news report indicated that the Federal Reserve may be close to slowing its pace of bond purchases, which have artificially held interest rates down. The report, published in the Financial Time...
Rupee depreciation: Relax, the currency really hasn t fallen that much
Jun 18, 2013 at 09:35 | Source: Economic Times
Jamal Mecklai Sinking like a stone - or a skydiver - the rupee has lost nearly 10% value against the dollar since May 6. While the initial slide could be attributed to "sudden" dollar strength, the acceleration, since May 22, was clearly a result of ...
Jun 18, 2013 at 08:46 | Source: DNA India
India s trade deficit widened to a seven-month high of $20.1 billion in May, surging 18.8% on-year, as gold imports continued to remain high despite recent measures from the government and the Reserve Bank of India (RBI). Imports slowed from a month...
10 things you need to know before the opening bell
Jun 18, 2013 at 08:43 | Source: FirstPost
Global market cuesUS stocks rose on Monday but ended well off their highs as investors speculated over the Federal Reserve's intentions about its massive stimulus programme to aid the economy before a meeting of policymakers that begins on Tuesday.(R...
Jun 18, 2013 at 07:47 | Source: Calcutta Telegraph News
New Delhi, June 17: A nearly 90 per cent annual jump in gold and silver imports saw the country’s trade deficit rise to a seven month high of $20.14 billion in May from $17.8 billion in April. The gap was $16.9 billion in May last year. Financ...
Stock rise; Fed feeds Dow’s triple-digit moves
Jun 18, 2013 at 07:47 | Source: Market Watch
NEW YORK (MarketWatch) — U.S. stocks surged Monday, with the Dow industrials extending their triple-digit moves into a fifth session, as investors latched onto any clues ahead of Wednesday’s monetary-policy decision by the Federal Open Market Co...
Exporters demand further cuts in interest rate
Jun 18, 2013 at 07:47 | Source: The Hindu BusinessLine
New Delhi, June 17: Exporters have called for policy measures including interest rate cuts to push growth as exports declined in May reflecting weakness in global recovery. With the sharp rupee depreciation not giving them commensurate benefits and ...
Gold slips as US equities rise, FOMC in focus
Jun 18, 2013 at 04:26 | Source: Economic Times
NEW YORK/LONDON: Gold fell around 0.5 per cent in quiet trade on Monday as a Wall Street rally reduced the need for safe-haven buying and investors awaited this week's US Federal Reserve meeting for signals on the central bank's monetary stimulus pla...
Reserve Bank leaves rates unchanged; inflation risks weigh as rupee sags
Jun 18, 2013 at 03:30 | Source: FirstPost
MUMBAI (Reuters) - The Reserve Bank of India kept interest rates unchanged on Monday as expected after cutting them in each of its previous three policy reviews, warning of upward risks to inflation as the rupee is among the hardest hit amid a global...
Gold, silver trade lower; physical demand poor
Jun 18, 2013 at 03:15 | Source: FirstPost
MUMBAI (Reuters) - Indian gold and silver futures traded slightly lower on Monday, still consolidating in recent price ranges, with the physical market witnessing subdued demand in a seasonally slow period after a series of government measures to con...
Rupee falls after RBI keeps rates on hold
Jun 18, 2013 at 02:15 | Source: FirstPost
MUMBAI (Reuters) - The rupee fell on Monday as the RBI kept interest rates on hold and on caution ahead of the U.S. Federal Reserve's meeting later this week, although a lower-than-expected trade deficit helped to cap the currency's losses.The Reserv...
Spain's Mango takes on retail fashion rivals Inditex, H&M
Jun 18, 2013 at 01:45 | Source: FirstPost
BARCELONA (Reuters) - Shoppers in the 109 countries where Spanish fashion chain Mango has stores recognise its celebrity faces well, but few know much about the company behind the clothes modelled by Kate Moss, Gerard Pique and Scarlett Johansson.&qu...
Trade deficit at seven-month high as gold imports surge
Jun 17, 2013 at 23:45 | Source: FirstPost
NEW DELHI (Reuters) - India's trade deficit widened to a seven-month high in May as gold imports surged, provisional data showed on Monday, but economists expect newly announced measures to dampen demand for the precious metal in coming months and na...
Increase fuel production, cut gold consumption to contain CAD: Chidambaram
Jun 17, 2013 at 23:27 | Source: DomainB
The only way to contain the rising current account deficit (CAD) of the country is to increase the domestic production of oil and coal and restraining the consumption of gold, finance minister P Chidambaram said today. Addressing a meeting of the pa...
Sensex shrugs off RBI policy; rallies 148 ahead of Fed meet
Jun 17, 2013 at 23:27 | Source: DomainB
Equity benchmarks gained momentum in late trade Monday ahead Federal Reserve's meeting, ignoring RBI's status quo credit policy . BSE Sensex rose 147.94 points or 0.77 percent to close at 19325.87, and NSE Nifty gained 43.10 points or 0.74 percent a...
Junior Indian wrestlers win 17 medals at Asian championship
Jun 17, 2013 at 22:41 | Source: DNA India
Junior Indian wrestlers won a rich haul of medals at the recently concluded Asian Junior Championships here. The grapplers won in freestyle, greco-roman and female categories in the tourney held June 12-16. The freestyle team won three gold, two sil...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
