Gold may find resistance at $932 levels
As per AUM Capital Market research, market may find resistance at $932 levels and if that level is breached, prices may move up till $945 levels. Support is seen at $908 levels. For full story, click here
Articles Tagged "prices"
SAfrica gold sector plans to demand big wage talks
South Africa’s unions reported their plans to demand big wage hikes from gold producers enjoying high prices, but gold firms declared that they are missing out on the rising prices due to dwindling output, setting the stage for tough talks. For full story, click here
Mining costs see a bright future
Mining costs, which constituted the industry’s biggest headache up until a year ago, are now a bright spot for a sector more concerned with volatile demand and tight financing markets. The shift in costs follows several years of rampant inflation in the mining sector, which had kept gold miners from realizing the benefits of soaring [...]
Gold sales drop in UAE, Saudi Arabia
Global economic crisis is making hard on gold sales and bullion markets in the United Arab Emirates and Saudi Arabia. Rising unemployment, crash in realty prices and plunging stock markets have taken the sheen out of the gold market in all the major cities across UAE and the Saudi Kingdom. For full story, click here
Gold company stocks gained on investor trust
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
India Gold prices gain further
The second day on Thursday saw India gold prices to extend gains and domestic buyers unwilling to take positions anticipating falls. For full story, click here
Gold prices recovered in European Trade
Gold prices recovered in early European trade on Wednesday as traders took benefit of yellow metal’s near three percent loss of Tuesday. For full story, click here
Gold prices fell on weak global cues
Gold prices slipped by 1.07 per cent in futures trade on Tuesday on selling by traders in line with a weakening trend in the global markets. For full story, click here
Gold Steady as Europe’s Central Banks Step into Unknown
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
How Will Radical Change in Gold Markets impact Gold Prices?
The gold market is undergoing radical change with investments in Europe and US taking a lead over the traditional market – Jewelry in India. For full story, click here
