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Gold futures rise to Rs 31,820 per 10 gm

firm trend in the global market, gold prices rose 0.2 per cent to Rs 31,820 per 10 gram at the futures trade today as speculators created fresh positions.GOLD-mining executives have been raking it in over the past five years as a rising gold price and weaker currency boosted profits — despite a drop in gold production during one of the biggest bull markets in recentpushed above the key $1,400 psyc...
Source : World News |
Category : Headlines

Gold prices fall sharply

Gold prices in the international market have dropped with concerns over the US debt ceiling easing after the Republicans said they would move to raise the government's debt ceiling temporarily. This created optimism in the market, causing investors to liquidate their investment in gold.On Friday, gold was trading at $1,268.24 per ounce on the London spot market, down 1.5 per cent. Gold price on the,...
Source : Sify |
Category : Commodities

Gold price rise due to acute shortage of the yellow metal

Gold prices in the domestic market are 21 per cent higher than international markets like Dubai and Hong Kong asthat the Indian consumer is currently paying 21 per cent more than the international market price of gold, which works out to an extra Rs 4,000 per 10 grammes.While there is a customs duty of 10 per cent that accounts for part of the price difference between the domestic and international...
Source : Business Today |
Category : Business | City : New Delhi

Gold futures price seen hitting new peak

Demand for physical gold slowed this week as spot prices surged to three-month highs and emerging market currencies plunged.Quotes...
Source : Yahoo Finance |
Category : Personal Finance

Gold futures down 0.26% on rising rupee

Gold futures prices on Friday fell by 0.26 per cent to Rs 29,787 per 10 grams as speculators offloaded their positions, taking weak cues from the global market amid rising...
Source : Times Of India |
Category : Business

Elections results to influence gold prices: Study

Outcome of general election due in April-May with prospects of a stable new government would influence gold prices apart from equity markets, a study...
Source : Times Of India |
Category : Business

Gold, silver surge on strong global cues: Experts' views

prices of both the precious metals, gold and silver, jumped in the national capital on frantic buying by stockists triggered by a rally in overseas markets.Quotes...
Source : Yahoo Finance |
Category : Personal Finance

Onion prices: Assam Govt threatens action against traders

onion prices hitting a century in Guwahati markets, a concerned Assam government today threatened action against unscrupulous traders for abnormal hike in prices....
Source : Webindia123 |
Category : Headlines

Gold futures rise 0.20% to Rs 31,820 on global cues, spot demand

: Amid a firming trend in the global market, gold prices rose 0.20 per cent to Rs 31,820 per 10 gram in futures trade today as speculators created fresh positions.Besides, a firming trend at the domestic spot markets on the back of stockists buying ahead of festive season also supported the rise in gold futures prices here.At the Multi Commodity Exchange, metal for delivery in October gained Rs 66,...
Source : Ndtv |
Category : Others | City : New Delhi

Gold prices tumble by Rs 1,250 to Rs 30,950

Gold prices in India today fell sharply as the rupee recovered against the dollar on fresh RBI measures.The rupee rose as much as 2.3 percent to 65.53 per dollar today, well off the record low 68.85 hit on August 28.Softening prices of the dollar-denominated commodity also contributed to the fall of the yellow metal.In global markets, gold gave up early gains to fall more than half a percent, hurt...
Source : Ndtv |
Category : Commodities