Gold May Gain on European Debt Concern
Bloomberg reports that Gold, little changed in Asian trading, may gain as concerns about Europe’s debt crisis.
Bloomberg reports that Gold, little changed in Asian trading, may gain as concerns about Europe’s debt crisis.
Businessweek reports that Gold may decline in New York after China raised bank reserve ratios again, curbing demand for bullion.
Reuters reports that on Wednesday, Gold prices surrendered gains to turn lower and Silver retreated from its earlier 5 percent climb.
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 [...]
India gold futures have edged lower on Friday, tracking weak international markets, and a firm rupee. For full story, click here
India gold futures have edged higher on Wednesday on global cues and a weakening rupee, which makes the dollar-denominated imported commodity expensive. Vishakha Chhabria, an analyst with Ventura Commodities Pvt Ltd., stated: Gold looks higher in intraday trade …fundamentals look positive.. For full story, click here
India gold futures may extend losses for a third week tracking a strong dollar overseas, dimming the yellow metal’s appeal as an alternative investment. For full story, click here
India gold futures edged lower on Monday on soft international prices, which were under pressure from a firm dollar luring funds into other investments. For full story, click here
Gold futures extended gains for the second straight day by gaining 0.34 per cent in afternoon trade on the Multi Commodity Exchange declared as traders and speculators indulged in enlarging positions, driven by firming international trends. For full story, click here
Gold futures traded marginally higher in early trade on the Multi Commodity Exchange on soaring purchasing by speculators global trend. For full story, click here
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