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Gold arrests four-day fall on buying
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In international markets, the prices of Gold climbing and reaching at the highest level. On Friday due to heavy buying of gold by jewelers,the price reached at Rs.17500 per 10 grams (nearly $ 375 ) ,which is a record level. This is called a burning increase-rise.In the last four seasons, the gold price climbed more than 100 ...
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Gold reached another all time high, this time reaching over $1,058usd in pretrading today. Meanwhile the U.S. Dollar is near its YTD low. Gold has been rallying for the past 5 days in a row and is up over 20% for the year as well. Analyst and investors are calling this a technical breakout from golds previous trading ranges and expect gold to rise ...
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High gold prices dampen wedding demand
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- News Source: The Economic Times | 2 months agoTotal inflow of funds by foreign investors in 2009 on Tuesday crossed the psychologically-important mark of $10 billion. After a year of net outflowin 2008 — the first such event this decade — foreign institutional investors (FIIs) are back again...
- News Source: Asian Age | 2 months agoYes one means the stock markets are buoyant and are likely to be so for the short-term up and that’s why one would like to wave the red flag. Human nature is strange and so when the markets are up people rush in to buy thinking that they can make a...
- News Source: Fox News | 2 months agoGold futures rose Tuesday back above $1,010 an ounce as the U.S. dollar resumed decline, increasing the metal's investment appeal, and as demand for gold exchange-traded fund rose. The nearby September gold contract gained $12.30, or 1.2%, to $1,016...
- News Source: Daily News & Analysis | 2 months agoSandeep Jain, owner of a sweet shop, was found dead around 5.30am in the park in Vikaspuri area of West Delhi, a senior police official said. Police said they had received a missing complaint from the family of Jain after he did not return home till...
- News Source: The Economic Times | 2 months agoSnapping a four-day fall, gold prices spurted by Rs 115 to Rs 16,060 per ten grams in the national capital today on buying at attractive low levels amid firm global cues. Buying by stockists and jewellery fabricators increased on fears that the metal...
- News Source: Asian Age | 2 months agoAfter their summer on the beaches in August, the FIIs were back on a buying spree in India and China in September. Total purchases totalled over Rs 9,000 crore (till September 17, 2009). This was a big jump from August when they bought equities worth...
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