News with Tags "Gold"

Gold futures recover 0.44% on global cues

Posted on Wednesday, July 16, 2014 - 21:41 pm

Banking shares extend gain; Bank Nifty surges 5% in two days

ICICI Bank, SBI, Axis Bank, Bank of India and Federal Bank are up 2-6% on the National Stock Exchange.


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Posted by on Wednesday, July 16, 2014 - 21:41 pm.
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MCX Gold October contract trades flat

Posted on Wednesday, July 16, 2014 - 15:52 pm

At 10:51 hrs MCX GOLD August contract was trading at Rs 27635 down Rs 13, or 0.05 percent. The GOLD rate touched an intraday high of Rs 27676 and an intraday low of Rs 27622. So far 1317 contracts have been traded. GOLD prices have moved down Rs 1665, or 5.68 percent in the August series so far.


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Posted by on Wednesday, July 16, 2014 - 15:52 pm.
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MCX Gold October contract rises

Posted on Wednesday, July 16, 2014 - 04:52 am

At 15:02 hrs MCX GOLD August contract was trading at Rs 27910 up Rs 148, or 0.53 percent. The GOLD rate touched an intraday high of Rs 27929 and an intraday low of Rs 27810. So far 5609 contracts have been traded. GOLD prices have moved down Rs 1390, or 4.74 percent in the August series so far.


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Posted by on Wednesday, July 16, 2014 - 04:52 am.
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Gold falls 0.3% on weak global cues

Posted on Tuesday, July 15, 2014 - 15:41 pm

Markets trim gains; Nifty below 7,500

The market breadth is positive on the BSE with 1,535 shares advancing and 1,019 shares declining.


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Posted by on Tuesday, July 15, 2014 - 15:41 pm.
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Gold eases over 2% seeking direction from Fed

Posted on Tuesday, July 15, 2014 - 10:41 am

Gold price fell sharply in the afternoon in London trade due to profit-booking by traders and stockists, who were waiting for  transparency in the Fed tapering policy on Monday.


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Posted by on Tuesday, July 15, 2014 - 10:41 am.
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Gold and Silver Facing Pivotal Week, Crude Oil Sell-Off Lacking Drive

Posted on Tuesday, July 15, 2014 - 10:40 am

Talking Points

  • Gold and silver traders taking stock ahead of heavy US docket over the week ahead
  • Crude oil at a crossroads as news flow from Middle East set to fade
  • Pullbacks to key support levels to offer buying opportunities for the precious metals

Gold and silver are at a critical juncture at the outset of the week with the precious metals testing key technical levels ahead of a busy docket for the US Dollar. Meanwhile, WTI is holding steady with a string of US data prints over the week ahead likely to offer the commodity some guidance.


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Posted by on Tuesday, July 15, 2014 - 10:40 am.
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Gold eases 2% as traders anticipate US’s Fed move

Posted on Tuesday, July 15, 2014 - 05:41 am

Today’s picks

Nifty, Bank Nifty, Hindalco, HCL Tech & Sun Pharma


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Posted by on Tuesday, July 15, 2014 - 05:41 am.
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MCX Gold October contract declines

Posted on Tuesday, July 15, 2014 - 01:52 am

At 14:54 hrs MCX GOLD August contract was trading at Rs 28103 down Rs 253, or 0.89 percent. The GOLD rate touched an intraday high of Rs 28304 and an intraday low of Rs 28027. So far 6973 contracts have been traded. GOLD prices have moved down Rs 1197, or 4.09 percent in the August series so far.


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Posted by on Tuesday, July 15, 2014 - 01:52 am.
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Gold futures fall 0.15% on profit-booking

Posted on Saturday, July 12, 2014 - 16:39 pm

India to start rice bran import from neighbours on duty relief

Capacity utilisation of sovent extraction units to go up, feed industry to benefit as well


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Posted by on Saturday, July 12, 2014 - 16:39 pm.
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Gold price dips 3% to Rs 29,190/10 gm in 2013-14

Posted on Saturday, July 12, 2014 - 13:39 pm

The average price of gold has eased by 3.2% on an annual basis to Rs 29,190 per 10 gm in 2013-14, Parliament was informed today.


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Posted by on Saturday, July 12, 2014 - 13:39 pm.
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Gold and Silver Surge On Safe-Haven Demand, Crude Looks To US Data

Posted on Friday, July 11, 2014 - 16:40 pm

Talking Points

  • Gold and silver stage upside breakouts as contagion fears spark safe-haven demand
  • Crude oil traders turn to upcoming US data as Middle East supply concerns dissipate
  • Palladium snaps 13th day of gains, pullback to support may offer buying opportunities

Gold and silver have pushed higher in recent trading which is likely attributable to safe-haven demand on the back of fresh concerns of debt defaults in the Eurozone periphery. Meanwhile, crude oil traders may turn their gaze back to the US for guidance over the week ahead as supply disruption fears in the Middle East evaporate.


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Posted by on Friday, July 11, 2014 - 16:40 pm.
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Gold up on softer dollar, Budget eyed for import duty cut

Posted on Friday, July 11, 2014 - 15:39 pm

Click here to go My Page

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Posted by on Friday, July 11, 2014 - 15:39 pm.
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Gold futures rise 0.4% on global cues

Posted on Thursday, July 10, 2014 - 14:39 pm

North Indian cement players set to outperform South peers

Shree, JK, JK Lakshmi, UltraTech top picks of analysts, who believe these companies will benefit from better demand


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Posted by on Thursday, July 10, 2014 - 14:39 pm.
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Gold, silver futures move higher ahead of Fed minutes

Posted on Wednesday, July 9, 2014 - 21:52 pm

Investing.com – Investing.com – Gold and silver futures were higher on Wednesday, as investors looked ahead to the release of the minutes of the Federal Reserve’s June policy meeting later in the day.


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Posted by on Wednesday, July 9, 2014 - 21:52 pm.
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Gold futures down 0.21% on global cues

Posted on Wednesday, July 9, 2014 - 18:39 pm

Mentha oil rises 0.85% on fresh buying

Pick up in industrial demand, lower arrivals from producing


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Posted by on Wednesday, July 9, 2014 - 18:39 pm.
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Gold futures fall by 0.2% on weak global cues

Posted on Tuesday, July 8, 2014 - 21:39 pm

PSU shares under pressure; S&P BSE PSU index declines 3%

Hindustan Copper, BHEL, IDBI Bank, HMT, MMTC, National Aluminium, Power Grid, Syndicate Bank, IOB and BEML are down more than 5% each on BSE


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Posted by on Tuesday, July 8, 2014 - 21:39 pm.
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MCX Gold October contract declines

Posted on Tuesday, July 8, 2014 - 16:52 pm

At 14:45 hrs MCX GOLD August contract was trading at Rs 27439 down Rs 51, or 0.19 percent. The GOLD rate touched an intraday high of Rs 27507 and an intraday low of Rs 27381. So far 3884 contracts have been traded. GOLD prices have moved down Rs 1861, or 6.35 percent in the August series so far.


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Posted by on Tuesday, July 8, 2014 - 16:52 pm.
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Gold prices dip in Asia, few demand cues seen from India, China

Posted on Monday, July 7, 2014 - 15:52 pm

Investing.com – Investing.com – Gold prices eased in Asia on Monday with few demand drivers seen from major buyers in India and China.


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Posted by on Monday, July 7, 2014 - 15:52 pm.
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MCX Gold October contract slips

Posted on Monday, July 7, 2014 - 13:52 pm

At 11:08 hrs MCX GOLD August contract was trading at Rs 27426 down Rs 131, or 0.48 percent. The GOLD rate touched an intraday high of Rs 27511 and an intraday low of Rs 27416. So far 1465 contracts have been traded. GOLD prices have moved down Rs 1874, or 6.40 percent in the August series so far.


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Posted by on Monday, July 7, 2014 - 13:52 pm.
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Gold and Silver Slip, Palladium Breaks Out To Highest Level Since 2001

Posted on Monday, July 7, 2014 - 13:40 pm

Talking Points

  • Silver slips as US Dollar recovers ground in Asian trade
  • Palladium breaks out as production concerns linger
  • Crude oil crumbles as Middle East supply fears fade

Gold and silver are losing ground in late Asian trading today (-0.49 percent and -0.99 percent respectively) as the greenback resumes its upward trajectory following the 4th of July holiday on Friday. Also in the precious metal space; palladium has hit its highest level in 13 years on the back of lingering production concerns coupled with a strong outlook for demand.


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Posted by on Monday, July 7, 2014 - 13:40 pm.
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