Tag Archive | "Commodities India"

Gold takes a knock on heavy unwinding, silver tumbles

Gold prices plunged on Friday on emergence of heavy off-loading from stockists and speculators, triggered by global bearishness.

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Gold down by Rs 240 on scrap selling, weak global cues

Gold prices tumbled by Rs 240 to Rs 19,530 per ten gram on emergence of scrap gold jewellery selling by retailers.

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Gold traders continue to stock for festivals

India gold traders continued to stock up for upcoming festivals as prices extended losses for a fourth day to its lowest level in two weeks.

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Oil gains as weak US data raises stimulus hopes

Oil rose on Friday as the dollar weakened, after jobs and business activity data signalled the U.S. economy would require additional stimulus.

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Zinc futures up 1.9 pc on global cues

Zinc futures prices rose by Rs 2.05, or 1.90 per cent, to Rs 110.15 per kg today, as traders created positions, driven by by firming trend overseas.

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Silver futures recover 0.40 pc on global cues

Silver futures prices rose by Rs 159, or 0.40 per cent, at Rs 35,207 per kg today, taking cues from firming global markets.

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Gold futures bounce back on global cues, spot demand

Supported by firming trend overseas and pick up in spot demand, gold futures prices bounced back to trade 0.47% higher at Rs 19,421 per ten gram.

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For jittery investors, all that glitters is gold ETF

Rising demand for gold, low production and firm prices are prompting investors to load up on the yellow metal in their portfolios like never before.

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For jittery investors, all that glitters is gold ETF

Rising demand for gold, low production and firm prices are prompting investors to load up on the yellow metal in their portfolios like never before.

Read the full story

Posted in Commodities, Commodities Asia, Commodities India, IndiaComments (0)

Gold on course for first weekly fall in 12 weeks

Gold was set for its first weekly decline in 12 weeks on Thursday after U.S. jobs data lifted the dollar and further eroded investor demand for bullion, although several analysts said they viewed this as temporary.

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