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What? Gold headed for worst fall in 30 years?

May 31, 2012

What? Gold headed for worst fall in 30 years?

Gold is down six percent , which is its worst May performance since 1982. This fall comes in the light of concerns over Spain's banking system and the crucial Greek elections which will determine its position in the eurozone. #Gold #Monetary policy #United States dollar #euro crisis #MetalWatch #precious metal
Has gold lost its ability to be a safe haven?

May 16, 2012

Has gold lost its ability to be a safe haven?

Investors are dumping gold along with other risk-sensitive assets like stocks and commodities, leading some commentators to point out that the metal is currently trading like a risk asset rather than a safe haven. #Gold #MetalWatch #precious metal
Akshaya Tritiya Will it be a lucky day for gold sales?

Apr 24, 2012

Akshaya Tritiya Will it be a lucky day for gold sales?

Despite the current downbeat mood among buyers, jewellers are keeping their fingers crossed. #OnOurMind #Gold #Precious metals #Akshaya Tritiya
Pranab justifies duty hike, says gold import strains exchange rate

Mar 20, 2012

Pranab justifies duty hike, says gold import strains exchange rate

The import of gold of such magnitude strains balance of payments and affects exchange rate of rupee through impacting supply-demand balance of foreign exchange said Finance Minister Pranab Mukherjee. #Gold #Pranab Mukherjee #Finance minister #Parliament of India #MetalWatch #precious metal
Marriage season spikes gold prices, silver falls on sluggish demand

Nov 21, 2011

Marriage season spikes gold prices, silver falls on sluggish demand

Gold rose by Rs 35 to Rs 29,240 per 10 grams on buying by retailers for the ongoing marriage season, however, silver lost Rs 550 to Rs 55,850 per kg. #India #Gold #Commodities market #precious metal