Tag Archive | "Gold & Silver"

Gold hits record highs as dollar wilts

Gold rallied to fresh record highs in Europe on Thursday as the dollar slid to its lowest this year versus a basket of major currencies, boosting interest in the metal as a haven from currency market volatility.

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Gold, silver scale to new record highs

Gold and silver prices soared further to create new historic highs at the bullion market here today due to hectic buying by stockists and traders in tandem with buoyant global trend.

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Gold extends record high to above $1,370/oz

Gold prices rose to fresh record highs on Wednesday, rising above $1,370 an ounce as expectations for further monetary easing from the US Fed.

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Gold dips on uncertainty ahead of Fed minutes

Gold fell on Tuesday as uncertainty over what the Federal Reserve will do to stimulate economic growth prompted investors to take profits.

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Why some investors still flock to high-priced gold

Pro-gold camp is not just pointing to the metal’s long, steady growth over the past two years. They’re now talking about its permanent role in a diversified portfolio.

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Gold rises towards $1,350 as dollar languishes

Gold prices rose back toward $1,350 an ounce in Europe and silver touched a new 30-year high on expectations that the United States will introduce further monetary easing undermined faith in the dollar.

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Gold seen gaining further; rupee eyed

Gold futures are likely to likely to extend gains this week to near the keenly-watched 20,000 rupees on expectations of further weakness in the dollar.

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Silver, gold jump on festival season demand, Asian market cues

Gold advanced in sync with the firming trend in metal markets at home and abroad.

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Gold buying edges up as rupee supports

Gold buying in India edged up on Monday afternoon ahead of key festivals as the rupee, which climbed towards its highest level in 25 months, limited the upside in prices.

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Gold ETF collections up 90 pc to 12.87T in Sept

India’s gold collections under exchange-traded funds rose 90.2 percent to 12.87 tonnes in September as the yellow metal hit a new peak, data from the funds showed.

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