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Government today hiked the import tariff value on gold and silver to USD 433 per 10 grams and USD 699 per kg, respectively, taking into account the volatility in the precious metals' global prices. Import tariff value is the base price at which
Fears over China's ability to cope with its debt crisis and renewed doubts over recovery in the US have sent investors running back to old faithful: gold. But markets look as if they are favouring tradition over common sense. There are far better
Gold prices moved fractionally lower on Thursday, holding mostly steady after whipsaw trading in the prior session brought an end to three days of advances. AFP/Getty Images Gold for April delivery was down a buck to $1,327 an ounce in electronic
Monday was a well-deserved day off after a strong week of gains last week. But the gold market is global, and even though live futures trading wasn't available in the U.S., foreign markets were open, and electronic trading on U.S. exchanges was also
The commodity rallied as an ADP research institute report showed US companies added less jobs than was forecast. The commodity regains some of its glitter as doubts are raised about extent of US recovery. (AFP) Gold gained in New York on Wednesday as
In general, gold and the stock market have established an inverse relationship recently, and so in light of today's rebound from Monday's carnage in stocks, weakness in the gold market would be understandable...Platinum and palladium both posted
Fresh off a week to savor for gold bugs, the precious metal was back at it Monday, moving above last week's highs as the equity market continued to wobble. Gold for February delivery jumped another $9.50, or 0.8%, to $1,273.80 an ounce.
Gold prices moved higher in electronic trading on Monday, building on gains seen last week amid signs of improving investment flows, though some analysts worried that those gains could short out if Chinese demand doesn't come through as expected.
Gold prices jumped to their best levels in 2014 today, as a poor reading from the University of Michigan's Consumer Sentiment Index led to some uncertainty about whether the Federal Reserve will taper its bond-buying activity as quickly as some fear.
Encinitas has been hit by a rash of thefts of catalytic converters, probably to sell the metal to recyclers, the Sheriff's Department said this week. Eight such thefts have been reported in the nine-day stretch from Jan. 5 to Monday in Cardiff-by-the-