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Sunday, Nov 22, 2009
 
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A golden lining seen in silver prices22-NOV-09
The white metal gave double the return in 2009 than gold, but is still away from its peak.
Gold ETFs don't offer SIPs22-NOV-09
I would like to invest in gold via Systematic Invest Plan (SIP ). Please name some schemes.
Large shareholders ask Goldman to reduce bonus pool20-NOV-09
Financial service provider Goldman Sachs Group Inc's shareholders have asked the company to cut the size of bonuses to be paid to executives and reward them instead, a media report says.
Moody's may cut Goldman debt rating20-NOV-09
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.
Gold, silver retreat from record highs20-NOV-09
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 (.
Third quarter gold demand halves20-NOV-09
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.
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, silver hit new historic highs18-NOV-09
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.
Sanjay Dalmia asked to appear before EOW17-NOV-09
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.
Mauritius buys two metric tons of gold from IMF17-NOV-09
The African nation of Mauritius has bought two metric tons of gold from the International Monetary Fund for nearly 72 million dollars.
Paulson takes Citigroup stake, sells Goldman Sachs shares16-NOV-09
John Paulson disclosed that his hedge-fund group acquired 300 million shares of Citigroup during the third quarter, while selling its entire stake of Goldman Sachs Group Inc.
Gold rallies as dollar falls16-NOV-09
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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