2014 April

Silver Demand is growing in Electrical and Electronics Industry in India

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On April 29, 2014

India is the second largest consumer of silver in terms of industrial fabrications, next only to China. India consumes around 1900 tons of silver in a year, which is nearly 8% of world’s total mine production. For an ordinary citizen in India, silver means a precious metal, which can be

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Gold Gains Momentum, Investors Gain Confidence

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On April 28, 2014

While gold gained momentum, investors gained confidence in gold. Gold spurred the longest price rally in six months. Initially gold was low but prices got pushed higher by the end of the week. On Monday, gold fell to nearly a three week low as we witnessed outflows from the worlds

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Gold prices off the Route?

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On April 22, 2014

Gold prices have been battered over the week. Starting with a high of $1330 to a low of $1282 and giving a close of $1294 has brought Gold prices back to its major support $1280. ($1280 acts as a strong support for Gold, below which Gold prices could attain new

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6 Facts About China's Love Affair With Gold (GLD)

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On April 16, 2014

After a horrific 2013, gold has been among the best-performing commodities of the year. For the most part, Wall Street commodities analysts remain firmly bearish on the yellow metal in the near term. However, no one can ignore the economic rise of China, where the consumers' hunger for gold is

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Gold holds near three-week high on Ukraine tensions

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On April 15, 2014

Gold was trading near its highest in three weeks on Tuesday as heightened tensions between the West and Russia over Ukraine lifted the metal’s safe-haven appeal. Palladium continued to hold near its highest since August 2011 on worries over supply constrains from Russia and South Africa, the top two producers

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"Our Love For Gold"

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On April 14, 2014

Gold is the world's favourite metal and being an Indian, I have always been brought up with the principle that gold is one such metal the "HAS" to be a part of regular investments. Gold in one such unique asset in its class, that enjoys a diverse set of loyal

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Gold prices up more than 1% on dovish Fed minutes

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On April 11, 2014

Gold prices rose more than 1% on Thursday, after the minutes of the Federal Reserve’s March meeting indicated that an interest rates increase is unlikely to be warranted for some time. Gold prices up more than 1% on dovish Fed minutesGold rises more than 1% on dovish Fed minutes On

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Gold extends gains on increased buying, global cues

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On April 10, 2014

Extending gains for the third session, gold prices today moved up by another Rs 220 to Rs 29,700 per ten gram in the national capital on increased buying by stockists and retailers amid firming global trend. However, silver shed Rs 30 at Rs 43,600 per kg on lack of buying

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Gold extends gains to 3rd day as rate hike fears ease

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On April 10, 2014

Gold extended gains to a third session on Thursday, scaling fresh two-week highs, after minutes from the Federal Reserve’s policy meeting showed that officials were not keen on increasing interest rates anytime soon. Gold prices came under pressure last month after Fed Chair Janet Yellen said the U.S. central bank

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Gold near 2-wk high as Ukraine tensions boost safe-haven bids

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On April 9, 2014

Gold was trading near its highest in two weeks on Wednesday, bolstered by signs of increasing demand in China and as rising tensions over Ukraine burnished its safe-haven appeal. But investors continued to pull money out of gold-backed exchange-traded funds, raising the risk that price gains could be short lived.

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