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To keep CAD in control govt may ban sale of gold by banks
Fp Archives •
Post 3-week strike, gold traders re-enter mkt with stray deals
Fp Archives •Jewellers ended their three-week strike on Saturday after assurance the government would consider scrapping a budget proposal to levy excise duty on unbranded jewellery.
Gold rebounds on euro ahead of Fed meeting
Fp Archives •Easing expectations for the Fed to signal the need for more measures to keep interest rates low could eventually weigh on gold, which has risen around 9 percent so far this year on a near-zero US rate outlook.
Gold holds ground at $1,710; dollar strength weighs
Fp Archives •Spot gold lost nearly 4 percent last week, after US Federal Reserve Chairman Ben Bernanke disappointed the market by omitting any reference to further monetary easing in a congressional testimony.
Gold traders cautious to venture into new deals in India
Fp Archives •A stronger rupee weighed on prices in the local market. The rupee plays an important role in determining the landed cost of the dollar-quoted yellow metal.
Euro crisis: Gold hits two-year low
Fp Archives •Gold prices plummeted to a one week low on Wednesday by 0.6% owing to the Euro crisis. Investors are waiting for the central banks in the Euro zone to come up with monetary measures to save the yellow metal from tanking lower.
Gold's shine has faded a bit, is QE3 talk to blame?
Fp Editors •The hope of further economic stimulus - the merits of which are highly debatable - has dimmed some of the shine of gold as a safe haven asset and boosted equity markets
Images: Now get a gold coin with Sachin's face on it!
Fp Staff •Valuemart Gold & Jewels Limited ( A subsidiary of Valuemart Retail India Limited) unveiled a limited edition 10 gm Gold Coin with an embossed face of the Master Blaster. The jewelers have made one lakh such coins which will cost Rs 34,000 each.
Want to buy gold/silver? There's an app for that!
Fp Archives •The latest addition to the mobile app space is the one by the 125-year-old non-banking financial giant Muthoot group, which has launched 'Muthoot Group Apps' for Apple and Andriod phones and tablets.
Want to buy gold/silver? There's an app for that!
Fp Archives •The latest addition to the mobile app space is the one by the 125-year-old non-banking financial giant Muthoot group, which has launched 'Muthoot Group Apps' for Apple and Andriod phones and tablets.