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No asset class is risk-free: Axis Cap's Nandan Chakraborty  

18-05-2013| Source:CNBC-TV18

Property, gold, stocks every asset class has been through highs and lows. Even though gold and property may seem the perfect investment in the present scenario of high inflation, and volatility may

Gold not best asset to be in; look at equities now  

18-05-2013| Source:CNBC-TV18

Udayan Mukherjee, managing editor, CNBC-TV18, believes gold is an unproductive asset. In CNBC-TV18's special show, Investor Camp, he said there is no way to actually value gold other than

Hedge funds sell gold after propping mkt a month ago

18-05-2013| Source:Reuters

Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble

Forex reserves down $616.4 mn to $293.69 bn

18-05-2013| Source:PTI

terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said. The gold reserves remained unchanged at USD 23

Gold may retest April low of USD 1300-1320 in coming weeks

17-05-2013| Source:Moneycontrol.com

IIFL has come out with its weekly update on metals & energy. The deterioration in the futures and ETFs would prevail over the healthy physical demand of gold in the short run. We infer

MCX Goldpetal June contract declines

17-05-2013| Source:Moneycontrol.com

MCX Goldpetal June contract was trading at Rs 2610 down Rs 16, or 0.61 percent. GOLDPETAL prices have moved down Rs 414, or 13.69 percent in the June series so far.

Gold's fall not over yet; sell now recommend experts  

17-05-2013| Source:CNBC-TV18

Experts' bearishness comes on the back of the metal seeing the worst decline in a month after investors cut their exposure to bullion. Gold exchange-traded funds (ETFs) fell to its lowest level

MCX Goldm July contract trades lower

17-05-2013| Source:Moneycontrol.com

MCX Goldm July contract was trading at Rs 26046 down Rs 159, or 0.61 percent. GOLDM prices have moved down Rs 3954, or 13.18 percent in the July series so far.

Don't see gold touching $1,100/oz by year-end: UBS  

17-05-2013| Source:CNBC-TV18

In a new note to clients, Credit Suisse's Ric Deverall forecasted that gold would plunge to USD 1,100 this year and eventually to USD 1,000 within five years.

Manappuram Finance has support at Rs 14: SP Tulsian  

17-05-2013| Source:CNBC-TV18

SP Tulsian of sptulsian.com is of the view that Manappuram Finance has support at Rs 14. Once the gold stabilises which is likely to happen in next couple of months then you can see this stock moving

Buy MCX Gold June fut on decline: Fortune Financial

17-05-2013| Source:Moneycontrol.com

Fortune Financial Services has come out with its report on Gold, Silver, Copper and Nickel. According to the research firm, MCX Gold June futures contract is looking strong on chart, day traders can

Gold to face more selling pressure: IIFL  

17-05-2013| Source:CNBC-TV18

Tarang Bhanushali of IIFL believes that the dollar index hitting new highs would lead to further selling in gold prices in the near-term.

MCX Gold June contract trades flat

17-05-2013| Source:Moneycontrol.com

MCX Gold prices have moved down Rs 6067, or 18.85 percent in the June series so far. At 11:26 hrs MCX GOLD June contract was trading at Rs 26127 down Rs 4, or 0.02 percent.

Commodity bets: How to play copper, crude, gold today  

17-05-2013| Source:CNBC-TV18

.Tough to dampen gold demand with curbs on supply: WGCHitesh Jain of IIFL advises selling natural gas around Rs 216 per kilogram with target of Rs 211 per kilogram and stop loss of Rs 219.30 per kilogram. Sugandha

Dollar slips on weak US data, world stocks flat

17-05-2013| Source:Reuters

remains uneven, and that will keep the Fed's foot on the accelerator by continuing to engage in accommodative policy," said Tom Porcelli, chief US economist at RBC Capital Markets in New York.Gold hit a

Gold edges up, headed for worst week in a month

17-05-2013| Source:Reuters

Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, sending holdings

Morning capsule: Will Nifty see 6200 today?

17-05-2013| Source:Moneycontrol.com

Global markets end lower on Thursday given the weak economic data. Gold price stood at 4-week low of USD 1388 an ounce.

Sell MCX Gold June; target Rs 25700: Geojit Comtrade

16-05-2013| Source:Moneycontrol.com

Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can sell sell MCX Gold June contract with a stop loss above Rs 26100 for price target of Rs

Tough to dampen gold demand with curbs on supply: WGC  

16-05-2013| Source:CNBC-TV18

PR Somasundaram MD - India, World Gold Council, in an interview to CNBC-TV18, said that the government of India would find it difficult to dampen demand and in the long run would lead to unauthorised

MCX Goldpetal May contract declines

16-05-2013| Source:Moneycontrol.com

MCX Goldpetal prices have moved down Rs 412, or 13.72 percent in the May series so far. At 16:12 hrs MCX GOLDPETAL May contract was trading at Rs 2591 down Rs 40, or 1.52 percent.

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