Gold prices extended gains on Tuesday as traders purchased into the metal as a currency hedge amid weakness in the U.S. dollar, with a larger-than-expected rise in U.S. producer prices also fuelling gains. For full story, click here
Gold and silver both saw slight losses in Asia on Wednesday and then decent gains in London before they exploded higher early in New York trade to reach as high as $941.30 and $14.10 per ounce respectively. For full story, click here
Gold surged half a percent on Monday on a weaker U.S. dollar and light Chinese buying, but rising stock markets could curb gains. Darren Heathcote of Investec Australia in Sydney stated: I think it’s certainly consolidating. I am not convinced we won’t see those highs again yet and possibly go higher. For full story, click [...]
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 prices showed signs of volatility after its peak of $ 1,000 per ounce level but the gold related stocks on BSE and NSE seems to have benefited on the confidence of investors in the commodity than the stocks. For full story, click here
After a spectacular overnight gain, gold came under a mild correction in domestic markets on Thursday on weak global trend. For full story, click here
Gold posted moderate gains in business on an afternoon rally in US equity markets as investors viewed recent efforts by the Federal Reserve to add liquidity as supportive. For full story, click here
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