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Gold demand slides to three-year low in Q1: WGC

16-05-2013| Source:Reuters

Overall gold demand fell 13 percent to a three-year low of 963 tonnes in the last quarter as rising jewellery demand and strong appetite for coins and bars failed to offset a sharp drop in investment

MCX GOLD June contract declines

16-05-2013| Source:Moneycontrol.com

MCX GOLD prices have moved down Rs 5984, or 18.59 percent in the June series so far. At 11:30 hrs MCX GOLD June contract was trading at Rs 26210 down Rs 100, or 0.38 percent.

Mkt driven by momentum, buy on intraday dips: Sukhani  

16-05-2013| Source:CNBC-TV18

then that potential is much better in Indiabulls Real Estate. Q: Do you have trading strategy on gold now?A: Yes, I have and with some regret it is to be short in gold. The decline in gold is not over yet

Expect strong custodial flows to support rupee: Shenoi

16-05-2013| Source:CNBC-TV18

Mohan Shenoi, Kotak Mahindra Bank said, "Strong custodial flows are expected to support the rupee. Reduced gold imports due to restrictions on consignment is also a positive. However, dollar strength

Gold dips for 6th session in longest losing streak in 4 yrs

16-05-2013| Source:Reuters

Spot gold had dropped 0.3 percent to USD 1,388.15 an ounce by 0033 GMT after hitting its weakest since April 19 at 1,386.89 an ounce.

Global mkts upbeat; will Nifty manage to hold above 6100?

16-05-2013| Source:Moneycontrol.com

markets rose despite an increase in US refined products inventories and data showing the euro zone was in its longest recession ever. From precious metals space, gold dropped over 2 percent to USD 1390

Sell gold on pullbacks to $1474/oz; target $1452/oz: Geojit

15-05-2013| Source:Moneycontrol.com

Geojit Comtrade has come out with its trading strategies on Gold. According to the research firm, one can sell gold on pullbacks to USD 1474/ounce for price target of USD 1452 with a stop loss above

Gold falls to three-week lows on stronger dollar

15-05-2013| Source:Reuters

Gold fell for the fifth straight session on Wednesday, hitting a three-week low as the dollar strengthened to a six-week high versus the euro after weak euro zone data.

MCX Goldm June contract trades lower

15-05-2013| Source:Moneycontrol.com

MCX Goldm prices have moved down Rs 3643, or 12.09 percent in the June series so far. MCX Goldm June contract was trading at Rs 26498 down Rs 230, or 0.86 percent.

Rajen Shah not upbeat on Muthoot, Manappuram Finance  

15-05-2013| Source:CNBC-TV18

Rajen Shah, CIO at Angel Broking is not bullish on gold loan finance companies like Muthoot Finance and Manappuram Finance.

Gold demand may dip with decline in inflation: Rangarajan

15-05-2013| Source:PTI

Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, chairman of the Prime Ministers Economic Advisory

RBI measure will curb speculative gold demand: PC Jeweller  

15-05-2013| Source:CNBC-TV18

Sanjeev Bhatia, CFO of PC Jeweller believes that RBI's move to ban gold import through consignments will curb speculative gold demand and will not have any impact of jewellery makers.

MCX Goldguinea May contract slips

15-05-2013| Source:Moneycontrol.com

MCX Goldguinea prices have moved down Rs 2910, or 12.07 percent in the May series so far. At 14:17 hrs MCX Goldguinea May contract was trading at Rs 21190 down Rs 169, or 0.79 percent.

Sell MCX GoldM June; target Rs 26000-25300: Fortune Fin

15-05-2013| Source:Moneycontrol.com

Fortune Financial Services has come out with its technical report on bullion. According to the research firm, one can sell MCX GoldM June around Rs 27000 and average near Rs 27200 with stop loss

Gold may go down to $1200/oz: PhilipCapital  

15-05-2013| Source:CNBC-TV18

Rajini Panicker, Head of Commodities - Research of PhillipCapital says gold is now getting confined to USD 1,400-1,495 per ounce range.

Commodity bets: Buy gold, sell silver & crude  

15-05-2013| Source:CNBC-TV18

Priyank Upadhyay of SSJ Finance & Securities suggests selling gold around Rs 26,800-26,850 per 10gm. Place a stop loss for this trade at Rs 27,000 per 10gm for a target of Rs 26,300-26,400 per 10

MCX Gold slips 17% in June series so far

15-05-2013| Source:Moneycontrol.com

MCX Gold prices have moved down Rs 5543, or 17.22 percent in the June series so far. MCX GOLD June contract was trading at Rs 26651 down Rs 56, or 0.21 percent.

Weaker rupee may limit downside in gold prices: Emkay

15-05-2013| Source:Moneycontrol.com

Emkay Commodity Research has come out with its report on Gold. According to the research firm, Gold in India is likely to go down but a weaker rupee could limit the downside in prices.

Gold edges up as dollar eases; snaps 4-day decline

15-05-2013| Source:Reuters

Gold had climbed 0.11 percent to USD 1,426.96 an ounce by 0014 GMT. It fell for a fourth consecutive session on Tuesday, its longest losing streak in over two months, as economic optimism and record

Gold edges lower as $ steadies after German sentiment data

14-05-2013| Source:Reuters

Gold edged lower on Tuesday, snapping earlier gains, as the dollar steadied against the euro after mixed European economic data, while investor sentiment remained cautious and physical demand slowed