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Gold Seen Countering Emerging Market Currency Risk
(Bloomberg - 31/01/2013)

Gold may be a cheaper tool to use as a hedge against swings in emerging-market currencies, according to a study by a group funded by mining companies. The World Gold Council, based in London, examined eight periods of “crisis conditions,” and found

Silver futures jump to Rs 58,215 per kg
(The Hindu Business Line - 30/01/2013)

Silver prices spurted by Rs 309 to Rs 58,215 per kg at the futures trade today as speculators enlarged their positions, tracking a firming trend overseas. At the Multi Commodity Exchange, silver for delivery in March rose Rs 309 or 0.53 per cent to Rs

Gold futures rise to Rs 30,840 per 10 gm
(The Hindu Business Line - 30/01/2013)

Taking positive cues from global market, gold prices rose Rs 69 to Rs 30,840 per 10 gm at the futures trading today as speculators created fresh positions. At the Multi Commodity Exchange, gold for delivery in April rose Rs 69 or 0.22 per cent to Rs

Platinum Poised for Best Month in Year as Gold Drops in January
(Bloomberg - 30/01/2013)

Platinum was poised for the best monthly gain in a year as gold headed for a fourth decline after data from the U.S. to China added to signs of a recovery, paring demand for haven assets. Palladium advanced to a 16-month high. Spot platinum rose as much

Gold Assets Head for Worst Monthly Drop Since ‘11 on Rebound
(Bloomberg - 29/01/2013)

Gold holdings in exchange-traded products are poised for the biggest monthly decline in more than a year as signs that the global economic recovery is strengthening curb demand for haven investments. Assets contracted 0.8 percent so far in January, the

Gold futures rise on global cues
(The Economic Times - 28/01/2013)

Tracking a firm global trend, gold prices rose by Rs 53 to Rs 30,384 per ten grams in futures trading today as speculators created fresh position. At the Multi Commodity Exchange, gold for delivery in February rose by Rs 53, or 0.17 per cent to Rs 30,384

Gold Inches Up but Trades in Tight Range in Asia; Precious Metals Slip
(The Wall Street Journal - 27/01/2013)

Gold was a tad higher in Asia Friday, though it traded in a tight range as signs of an improvement in the U.S. labor market were balanced by physical demand ahead of festivities in Asia. Spot gold was at $1,668.10 a troy ounce at 0423 GMT--up 70 cents

Gold Futures Decline to Two-Week Low on German Outlook
(Bloomberg - 26/01/2013)

Gold futures dropped to a two-week low as Germany’s business confidence rose more than forecast, bolstering the outlook for Europe’s largest economy and eroding the appeal of the precious metal as a haven. The Ifo institute’s business climate index in

Gold slides as ECB boosts appetite for euro, stocks
(The Economic Times - 26/01/2013)

Gold prices fell to a two-week low on Friday after the European Central Bank said banks would repay 137 billion euros ($183.2 billion) in cheap loans, which reassured investors the euro zone banking system was stabilising. Concerns over the stability of

Morgan Stanley cuts gold and silver price forecast
(Stockhouse - 25/01/2013)

Morgan Stanley (NYSE: MS, Stock Forum) Thursday cut its outlook on gold prices for the year ahead, but reiterated its view that macroeconomic conditions remain favorable for further price appreciation in the yellow metal. As first reported by

Gold Price Declines, Analysts Divided on Outlook
(International Business Times - 25/01/2013)

The price of gold turned lower on Thursday amid widespread weakness in precious metals. The spot gold price fell by as much as $22.03, or 1.3%, to $1,664.27 per ounce in morning trading, but subsequently pared its losses on its way back to the $1,672

Gold price down Rs 95 on weak global cues
(The Indian Express - 25/01/2013)

Snapping a two-day rising streak, gold prices fell by Rs 95 to Rs 31,290 per 10 grams here today due to profit-selling by stockists tracking a weak global trend. Silver also moved down by Rs 350 to Rs 59,400 per kg on reduced offtake by industrial units

Gold price drops on profit selling, silver also slips
(The Indian Express - 25/01/2013)

Gold prices dropped at the bullion market here today on selling by stockists and traders following mute demand due to prevailing high prices and lower global cues. Silver also witnessed speculative selling and lost modestly amid reduced industrial

Gold price to rise in 2013
(Telegraph - 25/01/2013)

The value of physical gold rose for the 12th consecutive year in 2012 – but gold-related equities did not do so well. Gold funds littered the worst performers’ chart – BlackRock Gold & General lost 11.5pc, Investec Global Gold lost 12.9pc and Smith &

Gold price up Rs 95, silver by Rs 450 on seasonal demand, global cues
(The Indian Express - 25/01/2013)

Extending gains for the third straight session, gold prices today rose by Rs 95 to Rs 31,385 per 10 grams here on pick-up in seasonal demand amid a firming global trend. Silver also rebounded by Rs 450 to Rs 59,750 per kg on increased offtake by

Gold Poised for Weekly Loss as Improving Economy Reduces Demand
(Bloomberg - 25/01/2013)

Gold was poised for a weekly decline after reports from the U.S. to China signaled improving global growth, curbing demand for the metal as a haven asset. Platinum was on course for the best run of weekly gains in almost a year. Gold for immediate

Gold futures rise marginally to Rs 30,835
(The Hindu Business Line - 23/01/2013)

Taking positive cues from the global market, gold prices rose marginally by 0.2 per cent to Rs 30,835 per 10 grams at the futures trade today as speculators created fresh positions. Besides, a firming trend at the domestic spot market on the back of a

Gold Near One-Month High Before Lawmakers Vote on Debt Ceiling
(Bloomberg - 23/01/2013)

Gold traded little changed near the highest level in more than a month before U.S. House Republicans vote on suspending the debt limit until May 19. Gold for immediate delivery was at $1,693.55 an ounce at 12:17 p.m. in Singapore. Prices reached a

Gold Extends Gains Toward Highest in Month on Japan Stimulus
(Bloomberg - 22/01/2013)

Gold extended its advance toward a one-month high after the Bank of Japan set a 2 percent inflation target and shifted to Federal Reserve-style open-ended asset purchases in an attempt to end two decades of deflation. Spot gold increased as much as 0.2

Gold set to gain as prices head towards $1,700 in global markets
(The Hindu Business Line - 21/01/2013)

Gold will likely gain on Monday as prices in the global market is headed towards $1,700 an ounce. The yellow metal’s price rose in the global market on hopes of the US announcing further stimulus measures. Silver, too, could gain as it trader near

Gold Climbs With Silver on Outlook for Stimulus Amid Debt Talks
(Bloomberg - 21/01/2013)

Gold advanced toward a one-month high on expectations for more stimulus while U.S. lawmakers wrangle over the debt limit. Silver traded near the highest level since Dec. 18 and was set for the longest rally in a year. Spot gold rose as much as 0.4

Gold declines on selling, silver recovers
(The Economic Times - 19/01/2013)

Gold prices dropped further at the domestic bullion market today on continued selling from stockists and investors on the back of subdued buying interest at the existing levels despite positive overseas cues. Silver, however, recovered modestly on good

Gold may trade in ranges; grains, vegoils may rally
(The Hindu Business Line - 17/01/2013)

Gold prices are likely to trade firm even as the yellow metal looked for direction in the global market. Easing demand is preventing it from gain further on concerns over continuing slow economic growth. The dollar’s low profile against a basket of

Gold futures rise on global cues
(The Economic Times - 16/01/2013)

Taking positive cues from the global markets, gold prices rose by Rs 32 to Rs 30,901 per ten grams in futures trading today as speculators created fresh positions. At the Multi Commodity Exchange, gold for delivery in February rose by Rs 32, or 0.10 per

DGCX volumes reach all-time high of 9.6m contracts
(Arab News - 15/01/2013)

Annual trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in 2012 registered a substantial growth of 137 percent from 2011 to reach 9,601,553 contracts. The upsurge in 2012 volumes — the DGCX's highest ever annual volumes since inception —

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