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According to Angel Commodities, gold and silver prices are expected to trade lower taking cues from weak international markets.
According to Sushil Finance, gold and Silver prices are expected likely to trade sideways on the back of short covering after the slump in prices.
Gold plunged more than 2 percent during trade Thursday in the US, with the spot price trading as low as USD 1,251.86 an ounce. In early Asian trade Friday, the spot price was around USD 1
Spot gold was up 0.4 percent at USD 1,261.16 an ounce by 0027 GMT, after falling as low as USD 1,251.86 on Thursday, its weakest since Jan. 15. Gold's 2.2-percent drop overnight was its steepest
Nirmal Jain, Chairman, IIFL Holdings in an interview to CNBC-TV18 spoke extensively about the third quarter performance.He said the fund based activity that comprises of mortgages, gold loans
Karvy has recommended to sell MCX Gold Feb at Rs 28170 next at Rs 28400 for the target price of Rs 27800/27600 with a stop loss of Rs 28700, in its research report dated January 29, 2014.
India's Q2 CAD stood at 2.1 percent, a five-quarter high as exports growth slowed and imports increased because of a rise in demand for gold.
Spot gold was nearly flat at USD1,284.91 an ounce by 0034 GMT, not far below a five-month top of USD1,306.20 reached last week.
;patient" approach to raising rates. A dovish bias could support gold, a non-interest-bearing asset.
According to Angel Commodities gold and silver prices are expected to trade sideways as markets will eagerly await the outcome of FOMC meeting due tomorrow. There is possibility that the United
According to sushil Finance, gold prices are likely to trade on positive note on the back of Eurozone concerns.
Watch the interview of Naveen Mathur, Angel Commodities with Ekta Batra on CNBC-TV18. He spoke about the current trend in commodities markets.
Gold faces a third year of losses in 2015 as the United States prepares for its first interest rate rise in nearly a decade, but the market should also find a floor, clearing the way for a recovery
While gold is often seen as a hedge against inflation, gold could still rise despite fears of deflation around the world, William Rhind, CEO of World Gold Trust Services, told CNBC on Tuesday
Karvy has recommended to buy MCX Gold Feb at Rs 28170 for the target price of Rs 27800/27600 with a stop loss of Rs 28700, in its research report dated January 27, 2014
Rajesh Exports Ltd board meeting to be held on February 09, 2015, to form a Division for foraying into Gold Finance Business, by utilizing its Existing retail network of 81 retail showrooms
China's sports regulator has pledged to drop the nation's obsession with gold medals after the ruling Communist Party's anti-graft watchdog warned of the damaging extent of match-fixing and cheating
Spot gold eased 0.5 percent to USD 1,274.43 an ounce by 0044 GMT. The metal fell 1.6 percent in the previous two sessions, after hitting a five-month high of USD 1,306.20 on Thursday.
Gold climbed towards a five-month high on Monday as an electoral win by Greece's anti-austerity party sparked fears of renewed instability in Europe, triggering safe-haven demand for bullion
Gold prices on MCX were trading with marginal loss on Friday. MCX Gold April contract was trading at Rs 28125 down Rs 40, or 0.14 percent.
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