2016 May

Gold Spooked by Fed Rate Fears Heads for Worst Month Since 2013

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On May 30, 2016

Gold is on track for its biggest monthly decline since June 2013 after Federal Reserve Chair Janet Yellen said the improving U.S. economy meant another interest-rate hike would probably be in order “in the coming months,” pushing the dollar to the highest since March. Bullion for immediate delivery fell as

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Gold prices drop by Tk 1,516 in Bangladesh after going up five times

Posted by admin
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On May 30, 2016

Bangladesh Jewellers' Association (BJS) in a media statement on Sunday also said the per bhori price of silver will drop by Tk 58. It said the new rates will be effective from Tuesday. ‪BJS General Secretary Enamul Haque Khan told bdnews24.com the prices of the precious yellow metal in the

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Gold futures decline by 0.4% on weak global cues

Posted by admin
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On May 30, 2016

Gold prices fell by Rs 115 to Rs 28,726 per 10 gram in futures trading today as participants cut down their bets after the precious metal fell for the ninth day in overseas market. At the Multi Commodity Exchange, gold for delivery in far-month August was trading lower by Rs

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Analyzing the Different Ways to Acquire Physical Gold in India.

Posted by admin
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On May 30, 2016

India has been one of the highest devourers of physical gold worldwide. The country sees no resilience to its growing demand of gold, which is predicted to reach a record high in 2016. Bullion India experts analyze the various ways to buy gold in India. Gold jewellery: India's gold jewellery

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Gold prices hold earlier losses on firmer Asian shares

Posted by admin
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On May 23, 2016

Gold prices held near three-week lows early Monday on firmer Asian stocks and growing expectations that the U.S. Federal Reserve will hike interest rates as early as June. Spot gold edged up 0.1 percent to $1,252.92 per ounce by 0041 GMT, hovering near three-week lows after declining for three days

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LAWRIE WILLIAMS: Russia adds another 15.6 tons of gold to reserves in April

Posted by admin
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On May 23, 2016

The Russian central bank is continuing to buy gold at a faster rate than China with a purchase of 500,000 ounces (15.6 tons) of gold in April according to figures put out on Friday.  The amount is interesting as it the same sized addition as in the previous month and

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Buying Glistening Gold Bars Online In India.

Posted by admin
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On May 23, 2016

Buying gold bars online has recently become available to the Indian masses. Over the years, the need to purchase gold in the form of jewellery from retailers at higher than market prices, with additive making charges and artisan premiums, has now ended. Gold in the form of pure gold bars

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Gold prices up for second day on Chinese data, weaker stock markets

Posted by admin
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On May 16, 2016

Gold prices rose for a second session on Monday, as slowing economic growth in China and weakness in Asian stock markets lifted the safe haven appeal of the precious metal. Spot gold gained 0.1 percent to $1,273.90 an ounce by 0042 GMT and U.S. gold futures added 0.2 percent to

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Guide to Buying Silver in India.

Posted by admin
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On May 16, 2016

The precious metal that pleases all is not only an affordable but also a smart investment choice. Silver like gold has been a traditional currency of trade for centuries and has repeatedly proved its stability and worth. Although the undervalued precious metal may give an individual second thought about its

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Top 9 reasons to Invest in Silver.

Posted by admin
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On May 15, 2016

For centuries, undervalued and overshadowed by its yellow cousin, Silver has remained second fiddle in precious metal investments.  Experts at Bullion India believe that Silver may have better days ahead, here are few reasons one must buy their share of silver for a long-term investment. True money: Silver offers investors an

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