20 Apr 17
|Rising rupee an opportunity for gold buyers: WGC|
The appreciating rupee has opened up an opportunity for gold buyers in the country, as the increase in global prices of the metal is cushioned by almost six percentage points, said Somasundaram P R, managing director of World Gold Council’s (WGC)
12 Apr 17
|Iron ore prices to remain high|
Domestic iron ore prices are expected to remain high in the coming months, beating down factors that could put downward pressure on the key steel-making raw material, industry executives said on Tuesday.
08 Apr 17
|Gold hits 5-month high on safe-haven demand as US strikes Syria|
Gold rose more than 1 per cent on Friday to hit a 5-month high as investors sought safe-haven assets after the United States launched cruise missiles against a Syrian air base, potentially escalating tensions with Syrian allies Russia and Iran.
17 Mar 17
|Commodities gain after US Fed hikes rates|
Commodity prices, led by gold, advanced in the international market and in India, following a quarter per cent increase in rates by the US Federal Reserve on Wednesday.
16 Mar 17
|Traders watch out! Centre mulls limiting cash deals at Rs 50,000 in bullion|
Bullion traders may soon have to conduct all transactions above Rs 50,000 through banks, with the government considering a proposal to limit cash deals to bring transparency in the trade.
14 Mar 17
|Gold steadies on prospect of imminent US rate rises|
Gold prices were little changed on Monday as the prospect of imminent interest rate rises kept them near the five-week lows touched last week, while elections in Europe created uncertainty and fuelled investor buying.
10 Mar 17
|Gold suffers worst run since October, approaches $1,200|
Gold is sliding toward $1,200 an ounce in its longest losing run since October, as positive US economic figures reinforce expectations that yields on other investments will rise this year.
08 Mar 17
|Gold prices edge up, but US rate hike outlook drags|
Gold prices inched up on Wednesday, but remained near four-week lows hit in the previous session as expectations for a US rate hike in March gathered momentum.
07 Mar 17
|Gold jewellery demand likely to rebound after note ban|
India’s gold jewellery demand is likely to increase 17 per cent in 2017 on a bounce-back after demonetisation.
04 Mar 17
|Gold heads for weekly drop on talk of March rate rise|
Gold fell 1 per cent on Friday and was on track for its biggest weekly loss in 2017 as speculation grew that the US Federal Reserve would press ahead with a rate increase this month.
03 Mar 17
|Silver import could fall to 5-year low as note ban hits demand|
Silver import by India, one of the world’s top buyers, will probably shrink this year to the lowest since 2012 as the government cracks down on undisclosed money, farmers struggle for cash and stockpiles remain ample.
26 Feb 17
|Gold buyers eye Trump's economic policy before taking positions|
Hedgers, investors and arbitrageurs are eyeing the upcoming economic policy of US President Donald Trump before taking positions in gold.