Latest News on Precious Metal
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Precious Metal - Total results - 7
Mar 18, 2019
Gold prices decline by Rs 280 to Rs 32,830 per 10 gram on weak global cues, tepid demand from jewellersGlobally, gold price was quoted at $1,299.30 an ounce, down 0.31 percent and silver stood at $15.34 an ounce, lower by 0.13 percent in New York.
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.
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.
Mar 20, 2012
Pranab justifies duty hike, says gold import strains exchange rateThe 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.
Nov 21, 2011
Marriage season spikes gold prices, silver falls on sluggish demandGold 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.
Sep 27, 2011
Gold is still a safe haven. Here's whyIn fact, gold remains one of the best-performing asset classes of 2011 and recent falls have only wiped out the gains of August. The precious metal's price is still 13 percent higher this year.
Sep 23, 2011
Silver tumbles by Rs 5,500, gold down to Rs 28,040Selling pressure gathered momentum after gold headed for its worst weekly performance in more than four months in global markets as investors sold the metal, amid melting equities and other commodities, fearing the world economy might slow down.