Posts Tagged ‘gold’
Gold demand picks up in India
Gold imports by India, one of the largest yellow metal consuming nations in the world, is likely to go up in 2010 thanks to falling gold prices and rising demand for the precious metal these days.
Gold prices collapse but investor interest intact
Renewed concerns over the macro-economy exacerbated by Euro area debt concerns and higher-than-expected jobless claims in the US that raised fresh doubts over the recovery of US labour market and the dollar strengthening to its highest levels against the euro since May last year all combined to result in a huge sell-off across commodities including crude, precious metals and base metals last week.
India to lose No 1 gold importer tag
Is India slipping as the No 1 gold importer in the world? While in 2008, India imported 420 tonnes of gold, the yellow metal that the country imported in 2009 plunged by more than 100% to touch a little over 200 tonnes.
Gold prices decline due to subdued demand
Gold prices today declined by Rs 30 to Rs 16,960 per ten gram in the bullion market here on fall in demand at existing higher levels.
Marketmen said subdued demand at the prevailing rates dragged down the precious metal.
Investors bet on gold sniffing weak USD
Gold prices of Wednesday crossed the Rs 16,500 mark for the first time on the bullion market here on hectic stockists buying triggered by a sharp rise in the overseas [...]