Tag Archive | "bank"

Indian Spot Gold Prices slipped on poor demand

Tuesday, June 23, 2009

Indian spot gold prices slipped on Tuesday on lack of demand. For full story, click here

Outlook For Gold Gets Better

Monday, May 18, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold was softer on Monday but holding within reach of a seven-week high as inflation and economic fears boosted its appeal as a hedge against uncertainty. Spot gold bid at $928.50 an ounce in the early hours of Monday, compared with $930.70 late in New York on [...]

Indusland Bank hopes to maintain gold coin sales for late demand

Thursday, April 23, 2009

IndusInd Bank announced that it hopes to maintain its gold coin sales at last year’s level of around 150 kgs at a gold-buying festival later this month as high prices and an economic slowdown takes out some of the sheen from gold. Pinakin Vyas, chief manager treasury of the bank, stated: We are not aggressively [...]

Allahabad Bank launched Gold Coins

Wednesday, April 15, 2009

Allahabad Bank, Kolkata, India, on the eve of entering its 145th year of service, has reported to have launched retail selling of gold coins to the public. For full story, click here

Gold Price Swings After G20 Meet

Monday, April 6, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]

Gold Price Spurts After Policy Easing Measures

Friday, March 20, 2009

 By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]

Gold the only credible currency

Tuesday, March 17, 2009

By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]

Safe-Haven Gold Stocks A True Asset

Monday, March 9, 2009

By Kishori Krishnan Exclusive To Gold Investing News After hitting $1,000 an ounce last month, the gold price has since settled back to the $920 range, which still represents a more than 28 per cent increase from October, when it hit its most recent bottom near $700. The current price of gold, which was selling [...]

Gold Steady as Europe’s Central Banks Step into Unknown

Thursday, March 5, 2009

Spot Gold prices held steady in Asia and London on Thursday morning, moving in a tight $2 range either side of $912 per ounce as traders waited for key interest-rate decisions from the Bank of England and European Central Bank (ECB). For full story, click here

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