Gold falls as stronger dollar curbs investment demand
Gold today dropped as holdings in exchange-traded products declined and the dollar climbed, curbing demand for the metal as an alternative asset.
Gold falls as investors weigh Cyprus, Fed statement
Gold today fell from three-week high as investors awaited the US central bank’s latest policy statement amid concerns that Europe’s debt crisis may worsen.
Gold losses as investors weigh outlook
Gold swung between gains and losses before the European Central Bank policy meeting today as investors weighed the outlook for continued stimulus against improving economies and declining bullion demand.
Gold rises for first time in five days on stimulus
Gold today climbed for the first time in five days on speculation that central banks will maintain stimulus measures. Gold climbed 0.5 per cent to $1,582.40 an ounce after falling 2.5 per cent in the past four days. Silver also advanced 1.1 per cent to $28.97 an ounce.
Fakes rule the roost in rural India
Sunita Kumar, a factory worker’s wife in the Indian village of Hazratpur, has added talcum powder and face cream to her little make-up box for weddings and festivals. She doesn’t know they are fake.