India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves.
Commodity News
Get latest Commodities News,Commodities Market News,News Commodities India,Latest Gold rate in India,gold price in rupees,news on Commodity Market,Silver price charts,Commodity prices and data on Silver,Gold,Crude Oil,MCX India,gold prices,copper and more on Commodity Market India.
Gold Eases as Strong Equities Check Support From Iran Sanctions
Gold edged lower on Tuesday as strong equities provided a risk-conducive backdrop for investors, countering support from Washington’s move to end waivers on Iranian oil sanctions.
Gold Rate Today: Gold prices Edge Higher on Improved Spot Demand
Gold traded with mild gains in the futures market on Tuesday, taking support from improved demand by local jewellers at the spot market and rupee’s weakness against the US dollar.
Gold Prices in India Gains Following Rise in Demand – Gold Silver Reports
The gold prices in India today has gained despite being steady in the overseas markets owing to the strong dollar. The gold rates in India were recorded at Rs 30,900 for 10 grams of 22 karats and at Rs 31,900 for 10 grams of 24 karats.
Market Crisis on Cards? A High Gold to Silver Price Ratio Suggests so
The gold-to-silver price ratio has risen steadily since bottoming out in 2010 to the present trading level of more than 86. What does this really mean for the precious metals going forward? Does that portend a crisis? The Silver Institute, the Washington-based body of silver industry stakeholders, thinks so.
Intelligence Doesn’t Rule out a Move Towards $1,400 for Gold in the near Future
According to Bloomberg Intelligence (BI), which believes that the U.S. dollar will head down soon and trigger a long-awaited rebound in the precious metal.
Gold Prices Rise On Jewellers’ Buying – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices on Friday advanced by Rs. 305 to Rs. 32,690 per 10 gram in the national capital, reported Press Trust of India (PTI) quoting All India Sarafa Association.