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Gold Q3 demand dip by 49%: WGC19-NOV-09
Demand for gold waned by 49 per cent in the third quarter this year over the corresponding period last year, thanks to a surge in its prices, the World Gold Council (WGC) said today.
Gold refineries reduce capacity use by 40%19-NOV-09
Hit by poor availability of scrap, expensive raw gold imports.
Correction in gold price soon, say observers18-NOV-09
Blaming a rush of investor-buyers for pushing gold price to over Rs 17,000 level, market experts see the yellow metal getting cheaper by about Rs 500 per 10 gram by next week on profit-booking.
Gold climbs another peak at Rs 17,37018-NOV-09
Gold today conquered yet another peak at Rs 17,370 per 10 gram in the bullion market here as jewellers continued their buying spree for the ongoing marriage season amid a firming global trend.
Gold futures at new high on Asian cues, weak dollar18-NOV-09
Continuing a record-breaking performance gold climbed to hit yet another high of Rs 17,075 per ten gram in futures trading on the Multi Commodity Exchange after surging to a record level of $1,143.95 per ounce in Asian trading on hopes of a weak US dollar.
Gold makes new record; breaches 17K in futures trade17-NOV-09
Gold breached the psychological Rs 17,000-per-ten-gram mark for all the running contracts in futures trading at the Multi Commodity Exchange on a firming trend in the global markets where it crossed $1,140 an ounce.
Gold crosses 17K on global cues, marriage season demand16-NOV-09
Gold prices surged by Rs 100 to Rs 17,100 per ten gram in the bullion market here today on sustained buying by stockists and jewellers to meet the marriage season demand and as investors increasingly are moving funds from the dollar into higher-yielding assets.
Silver futures decline on fresh selling13-NOV-09
Silver futures fell by 0.30 per cent today on emergence of selling by stockists influenced by a weakening global trend.
Gold eases on profit booking13-NOV-09
Gold futures fell 1.2 per cent from the Thursday’s record high on overnight global guidance and profit booking by investors amid fear of imminent major correction.
Gold zooms past Rs 17k on global cues12-NOV-09
Gold prices today crossed the crucial Rs 17,000 per 10 gram level in the bullion market here, buttressed by frantic buying by jewellers for the ongoing marriage season amid a firming global trend.
Gold nears Rs 17k level on firm global trend11-NOV-09
Gold prices today hit an all-time high of Rs 16,980 per 10 gram in the bullion market here in tandem with the global market, where the metal crossed the crucial $1,115 an ounce level.
Standard gold hits Rs 16,700 level in early trade09-NOV-09
Standard gold prices crossed Rs 16,700-level for the first time in the history on the bullion market in the early trade on hectic stockists buying triggered by rise in the global market.
Scrap sales up 30% on profit-taking05-NOV-09
The sales of used gold, known as scrap gold in commodity parlance, shot up 25-30 per cent on Wednesday as retail investors rushed to cash in on high prices before a correction, which analysts forecast as imminent.
MCX launches 3 contracts in buillion, natural gas28-OCT-09
The country's largest commodity bourse, MCX, today launched three futures contracts in natural gas and bullion for expiry in January and February 2010 respectively.
Gold firms up further on good demand, silver slips21-OCT-09
Mumbai, Oct 21 (PTI) Gold prices firmed up further on the bullion market here due to renewed local as well as stockists demand amidst higher overseas advices.
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