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| Moody's may cut Goldman debt rating | 20-NOV-09 |
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| Debt sold by Citigroup Inc, Goldman Sachs Group Inc and JPMorgan Chase & Co is among the $450 billion of securities that Moody’s Investors Service said it may downgrade. |
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| Gold, silver retreat from record highs | 20-NOV-09 |
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| Both the precious metals, gold and silver retreated from its overnight record highs on the bullion here today due to reduced off-take from stockists and retailers at higher levels. Weak overseas sentiment too weighed on the domestic market. Meanwhile, standard gold conquered yet another historic high at Rs 17,220 per ten grams in early trade. Silver ready (. |
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| Third quarter gold demand halves | 20-NOV-09 |
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| India’s gold demand fell 49 per cent in the third quarter of the current calendar year due to high prices and a poor monsoon that hit consumer spending. |
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| Gold Q3 demand dip by 49%: WGC | 19-NOV-09 |
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| 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. |
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| Correction in gold price soon, say observers | 18-NOV-09 |
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| 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. |
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| Gold climbs another peak at Rs 17,370 | 18-NOV-09 |
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| 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. |
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| Gold, silver hit new historic highs | 18-NOV-09 |
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| Both the precious metals, gold and silver, surged to new historic peaks on the bullion market here today, triggered by a wave of buying by stockists supported by firming of prices in Nymex. |
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| Sanjay Dalmia asked to appear before EOW | 17-NOV-09 |
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| The Bombay High Court has asked Delhi-based businessman Sanjay Dalmia to appear before the Economic Offences Wing (EOW) here in connection with a complaint of cheating filed by Indiabulls Financial Services. |
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| Gold rallies as dollar falls | 16-NOV-09 |
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| Gold prices climbed to a second weekly gain as the dollar fell against the euro, boosting demand for alternative assets. Silver also rose. The dollar slipped as much as 0.6 per cent against the euro. Bullion usually gains when the US currency declines. Gold futures reached a record $1,123.40 an ounce yesterday before dropping 0.7 per cent, the most since October 26, as the dollar advanced against a basket of six major currencies. |
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