Gold hits 2-week top on hopes Fed stimulus will stay
Gold climbed to a two-week high on Friday as weak U.S. economic data eased fears the Federal Reserve could soon scale back its bullion-friendly bond buying programme. A rise in gold-backed exchange-traded fund holdings for the first time in three weeks also underpinned the precious metal, typically seen as a
read moreGrant Williams: Difference Between Gold Price And The Price Of Gold
By: Grant Williams Gold has been money for thousands of years. Despite what several misguided Wall Street analysts might think, I believe the gold market is a long way from being over. We will see the proof of that once the conditions surrounding gold will get normalized (whenever it will
read moreIndia may import 300-400 tons of gold in Apr-June: WGC
With demand being robust due to fall in gold prices, India’s import of the yellow metal in April-June period is expected to touch a record level at 300-400 tons, according to the World Gold Council (WGC). Unprecedented levels of demand in the last quarter owing to lower gold prices have
read moreDaily Bullion Market Alert
June gold closed higher on Thursday renewing the rally off May's low. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are bullish signaling that a low might be in or is near. Closes above the 20-day
read moreGold demand in India to rise 33% by 2020: WGC
Gold demand in India will continue to be robust in the next decade. The cumulative annual demand will be in excess of 1,200 tonnes by 2020, valued at about Rs 2,50,000 crore at current price levels, registering a growth of 33 per cent. According to a new research conducted by
read moreFed's policy statements – Predictable I Feel?
Why did the financial world react in this manic-depressive way to a statement that was bland and predictable? Why do investors keep gambling vast sums of money in speculations on changes in monetary policy when Bernanke has tried to make crystal clear that significant changes are unlikely, at least until
read moreGold Heads for Best Week in a Month as Investors Weigh Stimulus
Gold swung between gains and losses as investors weighed speculation the Federal Reserve will maintain its record stimulus against a continuing decline in investor assets. Prices headed for the best week in a month. Bullion for immediate delivery traded at $1,391.05 an ounce at 9:33 a.m. in Singapore after losing
read moreGems, jewellery exports glitter in April; see 33% growth
After declining 3 per cent in March, India’s gems and jewellery exports witnessed a robust growth of about 33% to $3.38 billion in April 2013.In April 2012, these exports stood at $2.55 billion, according to the data provided by the Gems and Jewellery Export Promotion Council (GJEPC).“These exports saw a
read moreDaily Bullion Market Alert
June gold closed higher on Thursday as it extended the trading range of the past five days. The high-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning bullish hinting that a low might be in or
read moreGold dips marginally on poor off-take, silver slumps
Gold prices moved down marginally at the domestic bullion market today due to lack of local buying interest amid bearish global sentiment. Silver also fell, after two-session rally, on heavy unwinding from stockists and speculators. Standard Gold of 99.5 per cent purity edged down by Rs.15 to conclude at Rs.26,430 per 10
read moreCategories
Recent Posts
Archives
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- November 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013