Monthly Archives: May 2014

Extremely bad week , gold tumbled about 3.5 percent

This week is going to be extremely bad for Gold. This week, the domestic market in gold has tumbled about 3.5 percent. Gold in the international market has plummeted by nearly 3 per cent. For gold in the last 2

Posted in Commodity

Spot Gold hits 3-1/2 mth low on strong US data, weak China demand

The price of gold slipped to a 3-1/2 month low on Wednesday by adding to tapered losses during the night fears of demand slowdown in top consumer China and such as solid economic data from U.S. investor-attractive hedge dulled metal. Spot

Posted in Commodity

Gold prices rose in thin holiday trading on Monday

Gold prices rose in thin holiday trading in Asia on Monday ahead of a U.S. holiday.  U.S. markets remain closed today, so the volume is extremely low. It is expected that trading volumes remain light with UK markets closed for

Posted in Commodity

Gold price more likely to ease as outlook turns negative: Commodity Analysts

The prices of gold continued to ease on Friday after falling the most in a single session in almost 10 months yesterday after RBI eased gold import norms to boost exports and allow stars and premium business houses to import the

Posted in Commodity

Gold prices fall sharply by Rs 800 after RBI eased gold import norms to boost exports

The prices of gold fell sharply by Rs 800 to Rs 27,800 per 10 gm in the spot market on Thursday, a day after RBI eased gold import norms to boost exports and allowed seven more agencies to import the precious

Posted in Commodity

Gold demand in India to rise as curbs on precious metals import likely to be eased

Gold demand in India is likely to pick up during the second half of the year,  as restrictions on imports of precious metals are be expected to ease by country’s new government, senior officials at the World Gold Council (WGC),

Posted in Commodity

Gold slips below $1,300 on economic optimism; platinum increase gains as strikes drag on

  Gold slips on Monday after two consecutive sessions of losses, but stayed below the key resistance level of $ 1,300 an ounce, hampered by strong economic data from the United States and the interests of investors ebb. Platinum group

Posted in Commodity
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