Gold climbs on firmer oil, but heads for third annual decline
LONDON: Gold edged up on Tuesday in response to firmer oil prices, but a rebound in the dollar limited upside momentum for the metal, which appeared poised for a third year of losses amid the prospect of rising US interest rates. Gold is likely to end 2015 down nearly 10
read moreGold / Silver futures – weekly outlook: Dec. 28 – Jan. 1
Gold ended higher in an abbreviated trading session Thursday, as weakness in the U.S. dollar supported prices before the Christmas break. Dollar weakness usually benefits gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies. Global financial markets closed
read moreWhat Contributes To Variable Gold Prices in Various Cities Of India?
It is a common query that gold rates in various cities of India differs even though gold is an internationally traded commodity. The MCX (Multi commodity exchange of India) is where the gold future contracts are traded, in India. The price of gold at any specific time on MCX is
read moreInvest in Gold and Silver Bar – Invest in Your future
"For centuries, gold had a profound impact on history, as a symbol and a storehouse of wealth accepted universally around the world". "When people are worried about political instability, war or inflation, they often put their savings into gold." -- New York Federal Reserve Bank It is a noted fact
read moreGold adds to gains on softer equities, dollar
Gold edged up on Monday, adding to sharp gains from the previous trading session, as weakness in the dollar and equities helped the metal recoup some losses from a US interest rate hike last week. Concerns that demand for non-interest-paying bullion will take a hit from the rate hike continue
read moreBullion India – The trusted name for Systematic Investment Plans
‘All the glitters may not be gold’ The need to invest in gold always dominates people, especially in India. For a distant marriage, a child’s future or as an asset, gold investments for centuries have out shined any other precious metal investments. The immediate procurement of gold at its high
read moreGold Forecast: What Next For The Gold Price?
Gold fell again last week and stayed within our forecast channel. In our considered opinion we are having a short-term bounce to relieve some of the oversold conditions from last month’s extreme drop. Our long awaited fall to lower lows seems finally to be underway. However, as usual with gold
read moreGold falls down by 0.3% in futures trade
Gold prices fell Rs 78 to Rs 26,643 per 10 grams in futures trade today as participants cut down their bets, largely in line with a weak trend overseas. At the Multi Commodity Exchange, gold for delivery in far-month April 2016 was trading lower by Rs 78, or 0.30%, at
read moreFactors That Affect the Gold and Silver Rate in India
Predominantly, prices of gold and silver, like any other commodity, fluctuate due to demand and supply. India stands strong as one of the highest consumers of gold and silver, globally for decades. This grave demand tends to dictate the price of precious metals, especially gold. When it comes to ornamental
read moreIndian premiums ease on tepid demand, but Chinese buying robust
Gold premiums in India fell this week as a quick rebound in prices prompted consumers to postpone purchases, but buying interest in China remained strong ahead of the spring festival early next year. Typically, the fourth quarter is a strong demand period for the top two gold consumers, but a
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