Monthly Archives: June 2014

Gold prices steady near two-month high on softer dollar, poised for second quarterly gain

Gold remained close up of a two-month high on Monday on a weaker dollar and seemed about to post its second consecutive quarterly profit as geopolitical tensions prompted attractive safe haven metal. Rupee opened higher at 60.05 per dollar from

Posted in Commodity

Gold prices slips 0.2% as Asian stocks climb and U.S. weekly jobless claims report

Gold slipped on Thursday owing to the stronger equities battered safe-haven appeal of the precious metal and investors a large extent played down poor economic numbers U.S. growth for the most recent jobless claims data. The U.S. economy will contracted

Posted in Commodity, MCX

Gold prices falls as physical buying from 2-month high

Gold dropped on Wednesday as physical buying, investors sold contracts to allocate profits from the escalation of the previous session that took prices to a maximum of two months. While a drop in equity markets on back of renewed concerns over

Posted in Commodity, MCX

Gold, silver futures prices rally over boost demand for precious metals

Gold and silver futures prices rallied to multi-month highs on Tuesday as the current indications by the Federal Reserve will hold interest rates at historic lows for some considerable time continued to boost demand for precious metals. U.S. Exchange, gold

Posted in Commodity, MCX

Gold gets support in short-term, climbs to fresh 1-month high

Gold has been supported in the short term projections by the Federal Open Market Committee (FOMC), coupled with weak dollar and equities. Gold prices jumped up by Rs 100 to trade at a fresh 1-month high of Rs 28,725 per 10 grams

Posted in Commodity, MCX

Gold prices withdrew from 3-week high ahead of Fed meeting

The prices of gold withdrew from three-week high in the previous session on Tuesday, as investors remained cautious ahead of the monetary policy meeting of the Federal Reserve should start later in the day. Monetary policy meeting of Fed beginning

Posted in Commodity

Gold prices hits 3-week high as concerns Iraq violence

Gold prices hit its highest level in nearly three weeks on Monday, as concerns Iraq violence and Ukraine supported its safe haven appeal with regard to higher risk assets such as equities. Investors often turn to gold or other precious metals

Posted in Commodity
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