2013 April 30

Good monsoon profitable for gold traders; rural demand on rise

A normal monsoon forecast by the Indian Met Department (IMD) has brought a big smile to the Indian gold trade. Rural demand has already picked up as the Akshaya Tritiya is nearing and the news of a normal monsoon has further added fuel to it. Bullion dealers are expecting gold

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Gold ends steady in thin trade, silver gains

Gold prices ended flat after its three consecutive session surge at the bullion market here today amid thin demand from stockists and retail consumers.  Silver gained further on good speculative off-take as well as industrial demand. Standard gold of 99.5 per cent purity remained stable to close at last Saturday's level

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