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Gold

Italian bank's piles of edible gold
edition.cnn.com

(CNN) — From the outside, Italy's Credem Bank looks just like any other high security operation. And indeed, behind the barbed wire and electronic fence are piles of golden blocks. But they are not made of precious metal — rather, they are ageing …

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Mo Farah wins 5000m gold to become double world and Olympic champion
www.theguardian.com

Farah is walking round the track with the British flag draped around him. "I think there's a good argument for him being the greatest British athlete," says Duncan Smith. "6 gold medals on the track is a remarkable haul, and though his times don't set …

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METALS OUTLOOK: Gold Prices May Add To Gains Next Week
www.forbes.com

(Kitco News) – A strong rally in gold, particularly toward the end of the week, could have enough momentum to keep going next week and could set the stage for an eventual target of the $1,400-an-ounce area. Gold prices ended the week up. December gold …

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Gold futures regain Rs 30000 level on global cues
economictimes.indiatimes.com

NEW DELHI: Continuing its rising streak, gold prices again crossed Rs 30,000 per ten gram level in futures trade today by rising 3.56 per cent as speculators engaged in building up positions amid a firming trend overseas. Further, a firming trend in …

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Titan Leads Drop After Gold Import Rules Tightened: Mumbai Mover
www.bloomberg.com

Titan Industries Ltd. (TTAN) led declines among jewelers in Mumbai trading after India's central bank tightened gold import rules prompting at least four brokerages including Goldman Sachs Group Inc. to cut ratings on the stock. Titan fell 11 percent …

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FOCUS: Numismatic Coin Collecting Interest Revived With Gold Price Drop
www.forbes.com

(Kitco News) – Numismatic coin collecting always appeals to a certain segment of the precious metals industry, but some dealers say the drop in gold prices earlier this year sparked greater interest in the hobby. Gold prices fell $200 an ounce in April …

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Gold surges most in 2 years
www.thehindu.com

Gold on Friday surged by Rs 1,310 per 10 gram here, the highest in two years, to Rs 31,010 on strong demand from stockists ahead of festive season, after government increased import duty on the metal to 10 per cent. A sharp fall in Sensex and rupee …

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PRECIOUS-Gold near 2-month high, set for best week in a month
www.reuters.com

LONDON, Aug 16 (Reuters) – Gold closed in on a two-month high hit earlier on Friday, leaving prices on course for their biggest weekly gain in a month, as weaker-than-forecast U.S. data took some steam out of expectations for early Federal Reserve …

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Extra vigil to check gold smuggling after import duty hike
timesofindia.indiatimes.com

NEW DELHI: Fearing spurt in attempts to smuggle gold into the country, financial intelligence agencies and customs department are keeping extra vigil and minutely scanning suspected passengers and commercial consignments. Officials of the Directorate …

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