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Gold may test resistance levels, fall
(The Hindu Business Line - 31/01/2011)

Comex gold futures ended sharply higher on Friday gaining nearly 2 per cent as the prospect of unrest in Egypt spreading across West Asia fuelled a rush of safe-haven buying in the financial markets. This month, gold has dropped 5.6 per cent, heading for

Gold moves up on geo-political tensions
(Commodityonline - 31/01/2011)

Gold took advantage of political unrests in Egypt, that boosted safe haven demand, as the bullion is inching towards $1343 mark in Asian trade Monday. Spot gold was seen trading at $1342.74 an ounce at 1.30 p.m Singapore time after dropped to as low as

Marc Faber: Gold is not in a price bubble
(Commodityonline - 31/01/2011)

Global economic analyst Marc Faber says that the recent fall in gold price should not be taken to create fear among the investing community that the yellow metal is in a bubble. Faber, who correctly predicted the 1987 economic crash, said in an interview

Gold, silver rise further on global cues, local buying support
(Business Standard - 31/01/2011)

Both the precious metals, silver and gold extended gains on the bullion market today on sustained buying support by stockists and jewellers for the ongoing marriage season, amid firm global trends. While gold rose by Rs 80 to Rs 20,400 per 10 grams,

PRECIOUS METALS: Gold Down In Asia; Egypt Effect Fades
(The Wall Street Journal - 31/01/2011)

Gold was down in Asia Monday on some mild profit-taking after Friday's 1.8% gain. The political turmoil in Egypt that prompted Friday's safe-haven demand and short covering didn't have the same impact in Asia, despite weak regional equity markets.

Gold eases as Egypt rally loses steam
(Reuters - 31/01/2011)

Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary. Gold is set for its worst monthly

PRECIOUS METALS: NY Gold Falls On Lack Of Egypt Escalation
(The Wall Street Journal - 31/01/2011)

Gold futures pulled back in New York as the lack of further escalation of civil unrest in Egypt eroded the precious metal's safe-haven appeal. Gold futures for April, the most active month, recently traded $11.90 lower, or 0.9%, at $1,329.80 an ounce on

Gold, silver spurt on firm global cues
(Business Standard - 30/01/2011)

Both the precious metals, silver and gold spurted on the bullion market today on fresh buying support by stockists and jewellers for the ongoing marriage season, triggered by a rally in their prices overseas. While silver jumped up by Rs 1,600 to Rs

Gold fluctuates as price fall spurs investor demand
(The Economic Times - 29/01/2011)

Gold fluctuated in London on Friday after a drop to the lowest level in almost four months spurred investors to buy the metal. Bullion is down 2.1% this week, set for a fourth weekly loss and the longest losing streak in almost a year. Prices have

Precious metals edged lower on global cues
(oneindia - 29/01/2011)

Precious metals went down on Tuesday in the domestic bullion market on the back of tracking weak cues from the global market. Silver futures dropped more than gold futures, as silver for March contract fell by Rs. 955.00, or 2.25%, to Rs. 41,386.00 per

Precious metals gains on weak dollar index
(Commodityonline - 29/01/2011)

Bullion is trading in green after FED statement of loose monetary policy, as it reflects uncertainty in the economic outlook. View on Gold and Silver will not turn positive unless it successfully closes above $1355 (Rs 20150 at MCX) and $28 (Rs 43250 at

Egypt protests lift gold, oil in New York
(Commodityonline - 29/01/2011)

Gold and oil prices received a surprise help from anti Mubarak protests in Egypt as both finished higher for the week on Friday in New York. Gold futures on the Comex jumped the most since Nov. 4 as gold for February delivery added $27.50, or 2.1%, to

Record volume for Comex E-micro Gold Futures
(Commodityonline - 29/01/2011)

CME Group has announced record volume on Thursday in its COMEX E-micro Gold futures contract of 2,007 contracts. The prior record was 1,439 on January 20, 2011. The E-micro Gold contract, which was launched on October 4, 2010, is one-tenth the size of

Gold ends solidly lower, hits 4-month low, on technical selling
(Commodityonline - 28/01/2011)

Comex gold futures prices closed solidly lower, near the daily low and hit a fresh nearly four-month low Thursday. Fresh technical selling amid waning safe-haven demand pressured gold prices. Comex gold last traded down $14.80 at $1,318.20 an ounce. Spot

Silver dips on weak global cues
(Business Standard - 28/01/2011)

Silver futures prices dipped by Rs 561 to Rs 41,359 per kg today on heavy off-loading by speculators in line with a weak global trend. At the Multi Commodity Exchange, silver for March delivery dipped by Rs 561, or 1.34 per cent, to Rs 41,359 per kg,

Gold futures tumble on global cues
(Business Standard - 28/01/2011)

Gold futures prices tumbled by Rs 137 to Rs 19,541 per 10 grams today, as speculators reduced their positions on the back of weakening global trend. At the Multi Commodity Exchange, gold for delivery in February tumbled by Rs 137, or 0.70 per cent, to Rs

PRECIOUS METALS: Gold Gains Slightly On Continued Fed Treasury Buys
(The Wall Street Journal - 28/01/2011)

Gold futures got a slight bump after the U.S. Federal Reserve said it will continue its $600 billion Treasury buying program. The most-actively traded gold contract, for February delivery, was recently up $6.10, or 0.5%, at $1,338.40 a troy ounce in

SPDR Gold Shares holdings plunge
(Commodityonline - 27/01/2011)

The combination of recent strength in equities, uneasiness about exchange-traded fund redemptions and chart-based technical momentum has nudged gold futures lower as traders await the outcome of a meeting of the Federal Open Market Committee Wednesday.

Gold demand driven by jewelry consumption: WGC
(Commodityonline - 27/01/2011)

The surge in gold prices during 2010 was driven not only by strong investment but a recovery in jewelry consumption and even industrial demand, said the World Gold Council Wednesday in its quarterly Gold Investment Digest. “The gold story in 2010 was

Gold futures up on spot demand
(The Hindu Business Line - 27/01/2011)

Gold prices jumped by Rs 56 to Rs 19,955 per 10 grams at the futures trade today as speculators indulged in created fresh positions due to pick-up in demand in the spot market. At the Multi Commodity Exchange counter, gold for delivery in February rose

Gold inches lower; physical buying slows
(The Economic Times - 27/01/2011)

Spot gold prices edged lower on Thursday, as prospects of slower physical demand weigh on market sentiment, but cautious economic views on the economy offered by the US Federal Reserve lent support. Physical demand in the region is likely to weaken after

Silver to hit $42 in 2011
(Commodityonline - 27/01/2011)

Where is silver price heading? What will be the average silver price in 2011? Bullion investors have been predicting the possible price of silver between the range of $30-$50 for the year 2011. A new forecast on silver from precious metals analyst Mark

Gold just cannot afford a five percent fall
(Commodityonline - 27/01/2011)

In International markets, Gold future prices went up on Wednesday on technical rebound and short covering. Itlast traded at 1341 USD per ounce. Gold prices have fallen by more than five percent from its recent peak of around 1410. Gold prices are likely

Gold's dream climb expected to plateau in 2012
(The Economic Times - 26/01/2011)

Gold should build on last year's stellar gains in 2011 to hit record highs, boosted by low interest rates, dollar weakness and lingering worry over growth in major economies, a poll showed on Tuesday. But prices could plateau in 2012 as the global

Comex Gold lower amid general commodity market weakness
(Commodityonline - 26/01/2011)

Comex gold futures prices are trading solidly lower and hit a fresh three-month low Tuesday morning. A reported surprise drop in the U.K.'s gross domestic product has injected selling pressure into most commodity markets Tuesday morning. February Comex