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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

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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

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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

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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

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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

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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

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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

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