Gold prices range-bound; outlook firm
(The Economic Times
-
31/03/2010)
Physical gold prices were trading in a narrow range on Tuesday on cautious buying, dealers said. Traders expect prices to fall to 16,000 levels before buying resumes. "Now buyers have become cautious again...but some more demand will be seen in the near
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Gold edges up in Asia as euro recovers
(Commodityonline
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31/03/2010)
Gold prices edged up in Asian trade Wednesday mainly on a recovering euro but remained volatile as investors looks for profit taking. Gold for immediate delivery was seen trading at $1107.13 an ounce at 12.00 noon Singapore time while U.S. gold futures
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Gold futures gain on global cues
(The Hindu Business Line
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31/03/2010)
Gold prices rose for the second day by adding another Rs 62 or 0.38 per cent to Rs 16,521 per ten gram at the futures trading on Wednesday on sustained buying in tandem with a firming global trend. Increased demand in spot market further fuelled the
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Silver gains on higher demand
(The Hindu Business Line
-
31/03/2010)
Silver prices extended gain for the second straight day by gaining Rs 90 or 0.34 per cent, to Rs 26,920 a kg in futures market on Wednesday on continued buying by traders on the back of firming global trend. At the Multi Commodity Exchange, silver for
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Gold gains, eyes on currency and funds
(Guardian.co.uk
-
31/03/2010)
Gold rose on Wednesday as the dollar slipped against major currencies and strong investment demand boosted sentiment, but prices are expected to be capped by technical resistance. Platinum jumped to $1,646.50 an ounce, its highest since January 20 on
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Dubai Diamond Trade Reaches 182 Million Carats in 2009
(QNA
-
31/03/2010)
The total diamond trade in Dubai has reached 182 million carats in 2009, 22 per cent more than the 2008 figures, Dubai Diamond Exchange (DDE), a subsidiary of Dubai Multi Commodities Centre Authority (DMCCA), said Tuesday. According to figures from the
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Gold Prices Above $1107 in Asia
(QNA
-
31/03/2010)
Gold prices edged up in Asian trade Wednesday mainly on a recovering euro but remained volatile as investors looks for profit taking. Gold for immediate delivery was seen trading at $1107.13 an ounce at 12.00 noon Singapore time while U.S. gold futures
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Spot gold prices slightly higher on demand
(The Economic Times
-
30/03/2010)
Physical gold prices rose slightly on Monday, on some buying ahead of a wedding season that begins from April, dealers said. "I think buying will continue till prices reach Rs 16,600 (per 10 gm) on the higher side," said a dealer at a private bank, which
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Gold advances on euro gains
(Commodityonline
-
30/03/2010)
Gold prices advanced in Asian trade Tuesday as the dollar eased against the euro ahead of the quarter end. Gold for immediate delivery was seen trading at $1110.39 an ounce at 11.30 a.m Singapore time while April delivery was at $ 1110.24 an ounce at the
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PRECIOUS-Gold off 2-week highs; shrugs off China demand forecast
(Reuters
-
30/03/2010)
Gold jumped to its highest in nearly two weeks on Monday before losing some of the gains to profit taking, bracing for volatile days ahead despite the prospect of a further firming in the euro. Investors factored in World Gold Council's forecast of
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Gold May Gain for Fourth Day as Weakening Dollar Spurs Demand
(Bloomberg
-
30/03/2010)
Gold, little changed in London, may gain for a fourth day as a weakening dollar increases demand for the metal as an alternative investment. The dollar was little changed against the euro after earlier falling as much as 0.4 percent as signs the global
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Gold may trade above $1,100 this week
(Commodityonline
-
29/03/2010)
Gold may trade above $1,100 this week. A move to $1,140 or even higher is quite possible based on short-term short covering. There have been heavy volumes of buying and selling between $1,084 and $1,130 over the last two weeks, reflecting a battle
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China gold demand to double in a decade: WGC
(The Economic Times
-
29/03/2010)
China's gold demand is expected to double over the next decade from current levels due to jewellery consumption and investment needs, the World Gold Council (WGC) said in report released on Monday. Currently the world's second-largest gold consumer after
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Gold remains highly volatile in Asia
(Commodityonline
-
29/03/2010)
Gold prices remained volatile in Asian trade Monday amid profit taking and a weak dollar. Gold for immediate delivery was seen trading at $ 1105.69 an ounce at 11.30 a.m Singapore time while April delivery was seen trading at $ 1106.58 an ounce at the
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Gold rises as euro bounces; physicals active
(Reuters
-
29/03/2010)
Gold gained half a percent on Friday after the euro rebounded from a 10-month low against the U.S. dollar, while steady purchases from jewellers in Asia offered additional support. Bullion has dropped more than $10 this week, mainly due to a rally in the
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Gold buyers stay away as prices rise
(The Economic Times
-
27/03/2010)
Gold buyers stayed away on Friday, as some demand in the previous session pushed prices about 2 percent higher, dealers said. "Buying is very price sensitive this time..there is demand but people are very cautious," said a dealer at a private bank, which
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Gold coins, bars glitter as Gold ETF demand wanes
(Commodityonline
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27/03/2010)
Demand for gold bars and gold coins is rising in major yellow metal consuming nations like China and India as investors are leaving the paper gold—exchange traded funds or Gold ETFs for physical gold. In India, sale of gold coins and gold bars is
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Comex Gold Eases Marginally With Euro
(The Wall Street Journal
-
27/03/2010)
Gold futures are modestly lower early Tuesday in step with a softer euro that has again been bogged down by the ongoing debate over whether fellow European Union nations will come to the rescue of Greece and its debt problems. For more on this
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Gold rebounds from 6-week low, strong dollar weighs
(Reuters
-
27/03/2010)
Gold regained strength on Thursday after hitting a 6-week low the previous day, but a strong U.S. dollar capped gains while uncertainties about the outcome of a European Union summit drove some investors away. Gold, which hovered below the closely
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Gold firms in choppy trade despite euro drop
(Reuters
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27/03/2010)
Gold trade was choppy. The market slid briefly with the euro on comments by the European Central Bank chief about a potential bailout of Greece. It then drew support from relatively firm equities and oil markets. Gyrations in the euro, oil and U.S.
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Gold recovers in Asia on rising euro
(Commodityonline
-
26/03/2010)
Gold prices recovered in Asian trade Friday mainly after the euro recovered from a ten-month low against the dollar. Gold for immediate delivery was seen trading at $ 1092.54 an ounce at 11.30 a.m Singapore time while US gold futures for April delivery
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Gold rebounds from 6-week low, strong dollar weighs
(The Economic Times
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26/03/2010)
Gold regained strength on Thursday after hitting a 6-week low the previous day, but a strong US dollar capped gains while uncertainties about the outcome of a European Union summit drove some investors away. Gold, which hovered below the closely watched
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Gold remains volatile in Asian trade
(Commodityonline
-
25/03/2010)
Gold recovered in Asian trade Thursday from a six week low as the euro pared some losses against the dollar ahead of a crucial EU summit. Gold for immediate delivery was seen trading at $1088.24 an ounce at 11.30 a.m Singapore time while US gold futures
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Gold firms as euro steadies; EU summit eyed
(Guardian.co.uk
-
25/03/2010)
Gold prices firmed in Europe on Thursday, recovering some of the previous session's hefty losses, as the euro steadied near 10-month lows against the dollar, removing some downward pressure from the precious metal. Spot gold was bid at $1,093.65 an ounce
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Gold, copper futures seen up on global cues
(The Economic Times
-
24/03/2010)
India copper futures are expected to open higher in early trade on Tuesday tracking firm international markets, analysts said. Shanghai copper rose nearly 1 per cent on Tuesday and London copper edged higher, supported by a rebounding euro, but prices
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