Indian Gold prices have surged on end of wedding season demand
Indian gold prices surged on Wednesday on a small spurt in demand towards the end of the wedding season in June. For full story, click here
Articles Tagged "demand"
India’s demand for Gold is not picking up due to high prices
India’s demand for gold has failed to pick up as high prices of the commodity has kept away a significant number of purchasers. National Commodity & Derivatives Exchange Limited Economist, Manasee S Gokhale, stated: Buyers have stayed on the sidelines mainly due to high prices. The first marriage season of the year has come to [...]
Worker’s Hunger Strike is still ongoing at Boroo Gold Mine
On June 2, Boroo Gold Company workers, who had already walked of the job to protest recent lay-offs, have commenced a hunger strike to raise pressure on the company to meet their demands. In response, the company has initiated a lawsuit against the workers for what it believes is an illegal strike. For full story, [...]
India’s Gold demand have subdued as prices gained
India’s gold demand have stayed weak on Wednesday as prices gained for the second continuous session. Pinakin Vyas, chief manager-treasury with IndusInd Bank in Mumbai, stated: There are no buyers as 15,000 rupees is a psychological level and they are waiting for prices to come down. For full story, click here
Gold Snaps have four-day winning spree, dips by 110 per ten grams
Snapping four-day winning streak, gold prices dipped Rs 110 per ten grams to Rs 14,855 on the bullion market here on lack of demand at higher levels in spite of higher international advices. For full story, click here
India gold demand is dull as buyers await dips
India gold futures edged lower on Thursday tracking a strong rupee, but physical market demand was dull as buyers hoped for further price slipped. For full story, click here
India Gold Demand remained dull on higher prices
India gold futures prices edged lower on Tuesday tracking weak global markets, but traders stayed away from the local spot market due to unaffordable prices. For full story, click here
First-quarter demand for gold has surged 38%
New figures from the World Gold Council show demand for the precious metal surging 38% during the first quarter of 2009, compared to a year earlier. For full story, click here
Gold demand dipped by 83% in Q1
Gold demand in India, the world’s biggest gold market, fell significantly by 83% in the first quarter of calendar year 2009 to just 17.7 tonnes as compared to similar period last year. For full story, click here
Gold Prices dipped further as demand eroded on rising equities
Gold prices dipped for the third day in a row on Tuesday on waning demand as and the rupee continued to be the favourite of investors. Sheel Chand Jain, president of the All India Sarafa Bazar Association, stated: The ongoing changing scenario on the financial front will put more pressure on the gold prices in [...]
