Gold futures up on global cues, spot demand
Gold futures prices on Tuesday rose marginally by 0.09 per cent to Rs 30,441 per 10 grams as speculators enlarged positions in tandem with a firm global trend amid rising spot demand.
At the Multi Co
Golden shine on economic zone
Despite its high price, gold continues to give Kerala reasons to cheer up. The latest export earnings of gold jewellery from the Cochin Special Economic Zone (CSEZ) have touched Rs 28,473 crore.
The
Gold futures rise on spot demand
Gold prices rose by Rs 52 to Rs 29,980 per 10 grams in futures trade on Tuesday as speculators created fresh positions on rising demand in spot markets.
400 kg gold seized by CBI
A CBI team that was probing malpractices by senior executives of the Metals and Minerals Trading Corporation (MMTC) in Chennai recently stumbled upon 400 kg of unaccounted gold worth Rs125 crore in th
Gold traders seek price direction; poor rains may play spoiler
Physical traders of gold in India were looking for direction in prices as the yellow metal steadied near its highest level in two weeks on Tuesday, in line with overseas markets, though a weaker rupee
Socio-cultural revolution needed to cut gold buys, help CAD: RBI
Reserve Bank Deputy Governor K.C. Chakrabarty has called for a 'social and cultural revolution,' especially on the religious front to reduce demand for gold which will, in turn, ease current account
Gold edges lower on Fed stimulus uncertainty
Gold edged lower on Wednesday, extending losses from the previous session when the U.S. Federal Reserve chairman Ben Bernanke disappointed gold bugs by offering no signs of imminent monetary stimulus
2012 gold price forecasts cut further: Poll
Gold experts have further cut back price forecasts for the metal this year after a sluggish first half, a quarterly Reuters poll showed on Monday, while gains in the dollar and a dearth of physical de
Gold near 2-weak peak on hopes of monetary easing
Gold hovered near a two-week high on Wednesday, helped by hopes central banks will ease monetary policy in a bid to nurture a fragile recovery in the global economy.
The European Central Bank is expe
Gold imports could pick up in July-Dec
India's gold imports could pick up in the second half of 2012 if record prices ease but annual volumes will still fall about 30 per cent after a tax hike, which could crimp demand until 2014, the head