2015 January

Gold steadies after fall as Fed keeps patient stance on rates

Gold steadied above US$1,280 an ounce on Thursday after the US Federal Reserve reiterated it would be patient in deciding when to raise interest rates, keeping bullion trading in recent ranges. Spot gold was nearly flat at US$1,284.91 an ounce by 0034 GMT, not far below a five-month top of

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Gold Prices From India

Individuals who want to make good, educated investment choices often benefit from keeping track of daily gold prices in India. Fortunately, investment websites such as Bullion India make doing so a convenient, simple and relatively quick task. If you access the Bullion India website, you can view all of the

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Too Many Surprises For Gold In The Week To Come

Finally, there are other drivers apart from deflation and dollar that have been influencing gold prices this week. After a long time gold has found supporting drivers such as negative interest rate and market turmoil and uncertainty. Finally gold managed to reach a high of $1300 on Thursday and then

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Investment in Gold Keeps Rising

More people are buying gold bullion for investment, with sales soaring to 1,383 kg last year from 704 kg in 2013. As low interest rates on bank deposits have driven investors to gold, the Korea Gold Exchange expects sales to continue to increase. Previously, those who bought gold were mostly

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Bullion Market Report As On 22 Jan 2015

February gold closed slightly higher on Wednesday as it extends the rally off November's low. The mid-range close sets the stage for a steady to higher opening when Thursday's night session begins trading. Stochastic and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices

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All Notions To See Gold at $800 Destroyed

A few weeks earlier, we saw a lot of noise in the market…but this time it seems that someone left the loudspeakers on! Well, oil and SNB played the game here.Precious metals showed great volatility- all thanks to the fluctuating oil prices. Crude oil was highly volatile after a report

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Bullion Market Report

February gold closed higher on Friday as it extends the rally off November's low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastic and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are

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Bullion Market Report As On Jan 15 2015

February gold closed lower on Wednesday due to profit taking. The low-range close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. First resistance

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A Lot Of Things To Smile About For Precious Metals

Though we did see some trading in precious metals on Jan 1st and 2nd, it was the week from 5th-9th Jan that was actually considered the first volatile trading week of 2015. The main news doing the rounds for the week was from US- minutes of the recent FOMC meeting

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Gold import level not a cause for concern: Commerce Secretary

Gold imports in December and January have been low and not caused the Government any worry, Commerce Secretary Rajeev Kher has said. There are no plans to re-impose the 80:20 scheme — mandating importers of gold to export a fifth of their imports — that was withdrawn in November. Asked

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