By Kishori Krishnan Exclusive To Gold Investing News Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the [...]
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
The global market turmoil is beginning to have a telling effect in the gold imports to India, the largest importers and consumer of the yellow metal in the world. The Bombay Bullion Association said: India’s gold imports have plunged by an unprecedented 90 percent. The Association said gold imported dipped to a paltry 1.2 tonnes in [...]
Gold futures traded higher on Monday taking cues from strong global markets, but a stronger rupee may limit gains later in the day, analysts said. For full story, click here
Gold fell nearly 3 per cent on Monday as oil prices slipped more than $2 a barrel after OPEC’s decision to leave production unchanged at a meeting at the weekend, and as the dollar firmed against the euro. For full story, click here
Gold prices softened further in the domestic markets on Monday as investors sold a part of their holdings after more than 4% decline in international markets. For full story, click here
December futures were $3.30, or 0.4 percent, higher at $811.80 in electronic trading on the Comex division of the New York Mercantile Exchange. For full story, click here
Gold fell for the first time in six days, halting the longest rally since July, as a rebound in the dollar slashed demand for the precious metal as an alternative investment. For full story, click here
Global recession has impacted even weddings if the lack of demand for jewellery is any indication. For full story, click here
Gold reversed gains on liquidation pressure from funds as participants fled into the US dollar while equities also fell. For full story, click here
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