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Dhante-rush in jewellery shops

the city to buy gold, silver and other precious metals on the occasion of Dhanteras. This year, the price of yellowThis year, the price of gold is Rs 31,500 per 10 gm for 24 carat and Rs 30,300 per 10 gm for 22 carat gold. Last year, the price was Rs 31,000 per 10 gm for 22 carat and Rs 32,000 per 10 gm for 24 carat gold.Manager of Maya Jewels, Deepak Sharma, said, "Compared to last year, the price...
Source : Times Of India |
Category : City | City : Thane

Gold fails to shine after Fed MCX Gold may witness short covering

Physical gold demand in Asia has declined recently, especially in China due to recent price flactuations. In China, cash crush was seen pressuring the gold prices to some extent. Gold prices on the Shanghai Gold Exchange have declined lower than international prices. Comex gold futures for December delivery on electronic platform was seen trading with a loss of $13.2 at $1336.1 per troy ounce as of...
Source : Commodity Online |
Category : Commodities

Gold prices may continue to rise in near term

Gold prices in India may continue its upward trend in the near term, tracking international prices which are at its highest level since June.Gold prices in India touched a nine-month high on Saturday, approaching the Rs 32,000 level per 10 gm.Weak home sales data in the US gave a boost to the international gold prices on Friday. Gold for December delivery rose $25, or 1.8 per cent, on Friday to settle...
Source : Ndtv |
Category : Others

Gold price to average $1240 oz Silver $18 6 oz: Natixis

2013, the average price of gold dropped by 15.5% yoy to $1,400/oz, ending a ten-year bull run. Four major developments drove the price of gold lower.Gold prices are expected to average $1240 an ounce for the current year and $1250 for 2015 while Silver may average $18.6 an ounce to further decline to $15 an ounce in 2015, according to Natixis Metal Review Q1, 2014In 2013, the average price of gold...
Source : Commodity Online |
Category : Commodities

Speed News »

Jewellers say the hike in import tax for gold and volatile gold prices have created a negative impact.Piyush Patel, a Gandhinagar-based businessman, has been religiously purchasing gold on Dussehra for a decade now.Gold futures prices rose by 0.19% to Rs 29,117 per 10 grams as speculators enlarged their positions, driven by a firming trend overseas.With the skyrocketing price of gold, the jewellers...
Source : Times Of India |
Category : Life Style

Beat Gold bears with Long position in Gold ETF options

Production costs will help put a floor underneath gold prices in the longer term with current demand for gold quite strong in Russia, India and China. If gold miners curtail production when prices approach marginal cost levels, physical gold prices could explode.Religion may consider money and speculation as unethical activities. Economic theory saysProduction costs will help put a floor underneath...
Source : Commodity Online |
Category : Commodities

Gold traders afflicted with model code

in gold and silver prices has not been able lift the mood of gold traders in the city.    ...
Source : Times Of India |
Category : City

Barrick Delays South America Project

largest gold miner said it will suspend work on a huge project on the Chile-Argentina border amid slumping prices for gold....
Source : WSJ |
Category : Others

ITC raises price of Bristol cigarette by 15%

raised Bristol cigarette price by 15 percent to Rs 45 per pack of 10 sticks and hikes Gold Flake Kings cigarette 20-pack price...
Source : Yahoo Finance |
Category : Personal Finance

Gold price falls on sluggish demand, global cues

Gold price fell by Rs 30 to Rs 30,170 per ten grams in the national capital due to slackened demand at prevailing higher levels amid a weak global trend.Traders said besides sluggish demand at prevailing higher levels, weak global trend where gold dropped to a two-week low, mainly led to the fall in gold prices.Gold in Singapore, which normally sets price trend at the domestic front, fell by 0.4 per...
Source : Business Today |
Category : Business | City : New Delhi