LONDON, Oct 15 (Reuters) – Gold rallied more than 1 percent to a one-month high on Wednesday after soft U.S. data knocked the dollar lower against a basket of currencies and weighed on stock markets, boosting the metal's appeal as an alternative asset.
SINGAPORE, Oct 15 (Reuters) – Gold eased for a second session on Wednesday as the dollar rebounded modestly from sharp losses but the safe-haven metal still held close to four-week highs on lingering worries over the global economy. FUNDAMENTALS …
Gold prices remain fairly unchanged, consolidating in a sub-$9 intraday range on Tuesday while seeking a fresh catalyst to shore up its near-term outlook. Although gold has recovered from recent lows at $1,180, the metal has ranged either side of $1 …
Demand for jewellery in India seems to be badly affected by the uncertainty in gold prices. According to Titan, the leading gold retail chain in the country, customers are holding back on expectations of further fall in gold prices. However, the …
The gold price seems to have consolidate following its recent gains, as a lack of catalyst is keeping spot gold price stable around the $1,230 per ounce level. General market sentiments continue to be pessimistic on global growth. Latest data out this …
Gold prices have been on a roller coaster ride of ups and downs this year. Gold ETFs have recently fallen to a key support line and bounced higher as a result of stock market volatility. This same volatility could drive the next cyclical move in gold …
(Adds details, company comment, share movement). Oct 15 (Reuters) – Mexican miner Fresnillo Plc reported a small drop in quarterly silver production and said it could hedge a part of its gold output to protect its recent investment in the Herradura …
Imports of gold were valued at $3.75 billion in September, 450 percent more than a year earlier, the Commerce Ministry estimates. Buying and gifting of gold is considered auspicious and the most favorable time is the festival of Dhanteras, two days …
That's what the 77-year-old, $220 million (fiscal 2014 revenues) Senco Gold from Kolkata is banking on. The company, which is one of the largest gold jewelry chains in eastern India, recently received $13 million in funding from SAIF Partners, a …