The world’s leading gold-backed exchange-traded fund, the SPDR Gold Trust, announced holdings stood at 1,120.19 tonnes as of July 6, down 0.36 tonnes or 0.03 percent from the previous business day. For full story, click here
The Tirumala Tirupati Devasthanams Trust Board has decided to purchase 100 to 150 kg of gold from Minerals and Metals Trading Corporation at an estimated cost of Rs 14 crore under the Ananda Nilaya Anantha Swarnamaya Scheme for gold covering of the outer prakaram of sanctum sanctorum of Lord Venkateswara temple at Tirumala. For full [...]
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
By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]
Gold in the SPDR Gold Trust expanded by 1.3 percent to 843.59 metric tons, according to data on the company’s Web site. ETF Securities Ltd.’s holdings also reached a record. Bullion is set for a 4.4 percent jump in January, the third straight gain. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News Bullion’s strength is being tested – this time round it is not just against the U.S. dollar, but also currencies across the board. As volatile currency markets and solid investment demand spur bullion buying, spot gold price ounce rose as high as $902.50, the loftiest price ever [...]
The world’s largest gold-backed exchange-traded fund, the SPDR Gold Trust, said it held775.33 tonnes of gold as of December 17, up 6.12 tonnes from December 16. For full story, click here
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