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Gold heads for biggest weekly drop since early 2009

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Gold slipped more than 1 per cent on Friday, heading for its biggest weekly drop since March 2009, as stock markets gained and the euro rose after major central banks around the world strived to fight

Man held at Chennai airport with gold worth Rs 30 lakh

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An Indian passenger from Brussels was arrested at the Anna International Airport here for allegedly trying to smuggle in 1.5 kg of gold coins worth Rs 30 lakh.

The 54-year-old man had hid the coins u

Gold touches new high of Rs 28,750 on firm global cues

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Gold shot up to touch a new peak of Rs 28,750 per 10 grams in the national capital today on frantic buying by stockists and investors driven by a firm global trend.

The precious metal spurted Rs

Gold hits record high of 28,350 rupees/10 gms

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India's benchmark gold futures jumped nearly 2 percent on Monday afternoon to hit a record high of 28,350 rupees, buoyed by a rally in the world market and on a weak rupee.

At 2:42 p.m., the October

Gold hits record above $1,900 on global recession fears

Record-breaking gold topped $1,900 per ounce on Tuesday as investors sheltered from stubborn concern over a new global recession and the eurozone sovereign debt crisis, analysts said.

In early Asian

Global markets slide as economic gloom deepens

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Global stock markets tumbled again on Friday, while gold surged to a new record amid fears that the United States and Europe were facing a new downturn with little chance of stopping the freefall.

On

Gold futures surge to record Rs 27,725 per 10g on global cues

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Gold prices surged in futures trade to hit a new record high of Rs 27,725 per 10 grams on Friday after the precious metal climbed to a fresh peak in global markets as escalating concerns about the deb

Gold futures hit record high of Rs 26,960 on global cues

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Buoyed by a firming global trend, gold prices shot up by another Rs 175 to hit a new high of Rs 26,960 per ten grams in futures trade today.

All the running contracts -- for October, December and far

Gold hits record for second day as investors dump stocks

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Bullion gained 1.7 percent on Tuesday, roaring to all-time highs for a second consecutive session as equity markets dived on growing fears of a global recession after last week's cut in the United Sta

Oil falls, gold hits record after U.S. downgrade

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Gold surged to a record high on Monday and other commodities from oil to grains slid as investors cut riskier assets after the United States lost its top-notch AAA credit rating, creating renewed unce

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