2016 March

PRECIOUS-Gold falls to one-month low as dollar strengthens

MANILA, March 28 Gold dropped to its weakest in a month on Monday, pressured by a firmer dollar following hawkish comments from U.S. Federal Reserve officials that suggested at least two interest rate hikes this year, with the first potentially coming next month. FUNDAMENTALS * Spot gold was down 0.5

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Jewellers back in business after strike, task force to decide on gold cess

Bullion and gold jewellery markets across India will open from Monday as traders have called off their 18-day strike that resulted in a business loss of an estimated Rs 18,000 crore to the trade and a revenue loss of Rs 2,000 crore to the government. Traders had called the strike

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Gold rebounds on weak dollar, market eyes Fed meeting

Gold bounced back on Monday, inching closer to last week's 13-month high as the dollar remained under pressure ahead of the U.S. Federal Reserve's policy meeting. The U.S. dollar was at one-month lows against a basket of major currencies with the Fed seen almost certain to stand pat at this

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Things to Know Before Investing in Gold.

Gold has a way of mesmerising Indian and global investors, but investing in any commodity needs an outlook and understanding of the trends in the market. When planning to invest your hard-earned money in gold, there are certain things to consider before diving in. Let the experts at Bullion India

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Gold down by 0.5% in futures trade as weak global cues hurt

Gold prices were down by Rs 158 to Rs 29,940 per 10 grams in futures trade today as participants cut down their holdings, largely in line with a weak trend overseas. At Multi Commodity Exchange, gold for delivery in far-month June was trading lower by Rs 158, or 0.52%, at

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Understanding the Difference between 24 Karat And 22 Karat Gold.

Gold has gained popularity as the most in-demand metal over the centuries. As the craze for the yellow metal has grown, so have the various different ways of purchasing the same have entered the market. From Bullions like bars and coins, to jewellery or stocks and ETFs, gold is a

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Benefits of Trading In MCX Gold.

The Multi Commodity Exchange of India Limited (MCX) is India’s only listed exchange, which started operating in early November 2003, under the regulatory framework of Securities and Exchange Board of India (SEBI). The MCX facilitates commodity futures exchange that eases online trading, clearing and settlement of commodity futures transactions, and

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Points To Keep In Mind While Purchasing White Gold.

Many a time buyers confuse white gold and platinum, most believe them to be the same. On the contrary, platinum and white gold are two different metals completely, the former is a naturally occurring white metal and white gold is an alloy of yellow gold and other white metals. These

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Gold, the Titanic & Lifeboats – Why it's Important to Own Physical Gold

Financial lingo disguises how plainly markets function. Most of the terms used are abstract and complex, and sound unreal to many. It is hard to explain why it’s so important to own physical gold in today’s context and why the spot price doesn’t matter that much in determining the real value of

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Why is Gold our Universal Currency?

Gold is one of Earth's most widely-accepted currencies, and even in the modern age world governments still store and use it in international trade. But why? What makes gold such a universal currency?

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