By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
SBI Mutual Funds, the joint venture between State Bank of India and Societe General AMC of France, is targeting to mop up funds from its new SBI Gold Exchange Traded Scheme. SBI MF Chief Investment Officer, Mr Navneet Munot, stated: Given the uncertainty in the global economic environment, gold as an asset class offers an [...]
Producers owed over US$30 million by the Reserve Bank have proposed to government that it grant a full retention package for bullion export earnings. For full story, click here
Get our independent commentary on gold trends and companies delivered to your inbox.
