Gold prices crossed 15-K level after a gap of 3-1/2 months on the bullion market in early trade on good demand from stockists triggered by overnight rise in New York market. For full story, click here
High gold prices are not deterring India’s commodity investors to put more money into gold exchange traded funds. For full story, click here
India gold futures are expected to trade in a range this week with cautious investors awaiting the G8 meeting slated later in the week for direction. For full story, click here
Gold exchange traded funds, the best performing asset category in the last one year that gave stellar returns riding on the back of zooming gold prices, have hit a rough patch. They have landed in the bottom of the performance chart dipping 0.44% in the three month period. For full story, click here
India’s gold trade is desperately hoping a 12.5 percent dip in prices from an alltime high will ring in sales at a gold-buying festival later in April, a small window of opportunity before another dull spell. Ariez Tata, director with Cogent Jewellery, stated: We are getting orders and also hopeful of getting more. For full [...]
Detour Gold Corp. announced execution of joint venture agreement with Trade Winds for block A located west of Detour Lake, Ontario. For full story, click here
The gold market in New York spent most of the trading session lower on Monday as equities rallied. Gold futures for April delivery slipped 3.70 dollars, or 0.4 percent, to 952.50 dollars an ounce on the New York Mercantile Exchange. For full story, click here
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 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 futures picked up by 1.76 per cent on Thursday on account of fresh buying by traders influenced by firming trend in overseas market. Trading sentiment in the precious metals improved after reports that the gold climbed from the lowest in Asian trading as some deemed an eight-day plunge in prices as excessive. For full [...]
Get our independent commentary on gold trends and companies delivered to your inbox.
