2015 June

Gold Rates From Mumbai, India

Gold investment in Mumbai, India is a big thing. If you want to learn today's gold prices for the vast west coast Indian city, check a website that supplies that information. These pages are generally updated on a daily basis. Successful investment in gold is India is possible as long

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Gold Prices will Strengthen in the Second Half of the Year

Frederic Panizzutti, CEO, MKS Precious Metals DMCC, was optimistic about high gold price in the second half of the year. He also opined that $1100 will act as strong base for next 8 to 10 years while giving an interview to Bullion Bulletin during DPMC 2015. Excerpts… If we see

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Gold gets safe-haven boost on Greek fears, stocks slump

Gold jumped 1 percent on Monday as investors sought safety in the metal after the Greece debt crisis took a turn for the worse over the weekend, with Athens looking more likely to default and exit the euro zone. FUNDAMENTALS Spot gold was up nearly $11 to $1,185.20 an ounce

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Greek optimism curbs demand for gold as equities gain

Gold nudged up but largely retained sharp overnight losses on Tuesday as its safe-haven appeal was diminished by increasing hopes that Greece would reach a deal with its creditors to avoid a default, and strength in equities. Spot gold edged up slightly to $1,186.76 an ounce by 0023 GMT, but

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Weak rupee can push MCX gold higher

As a result, the domestic futures contract is currently trading near `26,850/10 gram and has been stuck in a narrow range between `26,750 and `27,100 for about a week now. A breakout on either side of this range will decide the next leg of move for the contract. Traders can

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Gold treads water as strong dollar offsets haven bids from Greek crisis

Spot gold was flat at $1,181.30 an ounce by 0314 GMT, after earlier climbing to a session high of $1,186.20. The dollar rose 0.3 percent against a basket of major currencies. “Gold has come under pressure in recent weeks on U.S. dollar strength. We expect this to continue over the

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Gold hit by strong U.S. data, but poised for weekly gain

Gold clung to overnight losses on Friday, hurt by strong U.S. economic data that bolstered prospects of higher interest rates, but the metal looked set to snap a three-week losing streak on earlier gains from a softer dollar. FUNDAMENTALS Spot gold was little changed at $1,181.36 an ounce by 0019

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Gold near 11-week low on US jobs report, rate outlook

Gold was trading near a 11-week low on Monday, retaining losses from a three-day losing streak, as a strong U.S. jobs report boosted expectations for a U.S. interest rate hike in September. FUNDAMENTALS Spot gold was little changed at $1,171.76 an ounce by 0014 GMT. The metal had fallen to

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Daily Bullion Market Reports Online

If you're interested in the idea of trading gold bars and silver bars, then it might be a smart idea to keep updated on all daily bullion market reports. Thankfully, these reports are readily available on the Internet. If you want to learn the latest news from the gold and

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