2014 December

One in five Indians is willing to buy gold even if prices rise

One out of every five Indians is willing to buy more gold even if prices rise, says a survey by the World Gold Council and industry chamber FICCI. The survey, part of a report, ‘Why India Needs a Gold Policy’, released here on Tuesday, said: “Among respondents, 19 per cent

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World Gold Council, FICCI recommend creation of India Gold Exchange

The Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Gold Council (WGC) have made several recommendations including the creation of an India Gold Exchange and the establishment of a Gold Board to help the government manage imports and boost exports while improving price transparency. In a

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Bullion Market Report As On 8 Dec 2014

February gold was lower overnight. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. First resistance is at 1205. Second resistance is at 1225. First support is at 1180. Second support is at 1170. March silver was slightly lower overnight. Stochastics

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Bullion Market Report As On 5 Dec 2014

METALS: February gold futures closed down $0.80 an ounce at $1,207.80 today. Prices closed near mid-range. Chart consolidation was featured. Bears still have the overall near-term technical advantage. First resistance is at 1212. Second resistance is at 1225. First support is at 1200. Second support is at 1185. March silver

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Gold Rates From Hyderabad

People who are considering bullion investment should make a point to stay updated with the daily live gold rates from the Indian city of Hyderabad. If you're one of these people, be sure to regularly visit the website 'Bullion India.' Bullion India makes accessing today's gold prices from Hyderabad simple

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Bullion Market Report As On 2nd December 2014

February gold posted a huge key reversal up on Monday as a rebound in energy prices stimulated renewed demand for metals. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that

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Too Many Economies Putting Pressure On Gold?

The ones who are constantly in touch with the world markets especially precious metals know that the driving force behind gold and the main reason for its volatility between 2008-2011 has been the • FOMC’s policy, • Falling long term treasuries rates • Higher risk of economic slowdown • Fear

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