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Gold

Rise In ETF Holdings, CFTC Speculative Positioning Underscore Investment …
www.forbes.com

(Kitco News) – Gold prices are at their highest level since mid-March, with investment demand giving the yellow metal a boost in the absence of physical demand. Holding in the SPDR Gold Shares ETF (NYSE: GLD) as of July 9 were at 800.28 metric tons, …

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Stocks Slide on Europe Debt Turmoil as Bonds, Gold Rise
www.bloomberg.com

July 10 (Bloomberg) — Robert Doll, chief equity strategist at Nuveen Asset Management, talks about the U.S. economy, financial markets and corporate earnings. He speaks with Adam Johnson, Scarlet Fu and Brendan Greeley on Bloomberg Television's …

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India Government Budget Disappoints Gold Traders With Import Tax
online.wsj.com

NEW DELHI—India's new government left import taxes on gold unchanged in its annual budget, disappointing traders who hoped they would be lowered. "It was a bit of a surprise," said Victor Thianpiriya, a Singapore-based precious metals analyst with ANZ …

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BUSINESS > CHP further probes case on shady gold transfer from Ghana
www.hurriyetdailynews.com

A cargo plane carrying one-and-half tons of gold to Iran as part of a deal pertaining to Zanjani was grounded in early June in 2013 by the Turkish Customs Directorate because of the cargo's poor documentation. The plane was allowed to leave Turkey with …

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Despite no Budget sops, gold zooms on buying; silver also up
timesofindia.indiatimes.com

Meanwhile, the gems and jewellery sector expressed disappointment over the Budget, which they had hoped would reduce import duty on gold (currently at 10%) and abolish or at least water down the stringent 80:20 norms for import of the yellow metal.

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Gold Solidly Higher, Hits 4-Month High, On Safe-Haven Demand, Buy Stops
www.forbes.com

(Kitco News) – Gold prices are sharply higher and scored a nearly four-month high in early U.S. trading Thursday. Keener safe-haven demand is featured following new developments in Europe and China overnight. Technically related buying and buy stop …

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Gold shines as prices hit 3 1/2 month high
americasmarkets.usatoday.com

Gold surged 1.5% to $1,345 an ounce Thursday after global stock markets plunged on weakening economic data.The gains, which propelled spot gold prices to their highest levels since March, extended Wednesday's rally after the Federal Reserve said it …

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Gold Prices Soar on European Bank Worries
online.wsj.com

NEW YORK—Gold prices jumped to their highest level in nearly four months on Thursday as investors shrugged off worries about higher U.S. interest rates and shifted focus to problems in Europe's bank sector. The most actively traded contract, for …

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Gold soars as stocks fret over Fed minutes
www.marketwatch.com

A day earlier, gold rallied for the first time in four sessions, with investors using the minutes from the Federal Open Market Committee as an excuse to go long. U.S. stock futures tumbled in early action Thursday, with European stocks also falling …

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