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Gold

Gold Premiums in India Seen Doubling on Festival Demand
www.bloomberg.com

Gold in Mumbai priced in rupees is heading for the longest run of quarterly losses since June 2004 as global prices drop on a strengthening dollar and prospects for higher U.S. interest rates. Jewelry sales in India and China, the largest buyers …

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Gold price seen near tipping point for mine cuts, closures
www.reuters.com

VANCOUVER (Reuters) – The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations. Several mines …

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Gold Declines Toward January Low as Data Spurs Dollar's Advance
www.bloomberg.com

Gold resumed a drop toward erasing this year's advance as U.S. economic data that beat estimates boosted expectations for higher borrowing costs, strengthening the dollar and damping demand for a store of value. Platinum sank to the lowest level since …

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Olympic gold medallist Abhinav Bindra's high five
timesofindia.indiatimes.com

GOLD, 2006 WORLD CHAMPIONSHIP AT ZAGREB: After a poor performance in Athens Olympics, the 24-year-old had a lot to prove to the critics. Abhinav Bindra not only overcome the burden of expectations, but a troubling back pain to win the 10m air rifle …

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What the Charts Are Saying About Gold, Precious Metals
investorplace.com

As bad as conditions have been for gold and precious metals stocks in recent weeks, they could be on the verge of getting much worse. Some key indices, exchange-traded funds and individual stocks are nearing critical support levels, leaving little room …

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Trader: The biggest threat to gold may be irrational exuberance
www.marketwatch.com

MADRID (MarketWatch) — On the heels of being called a “treacherous, boring, nasty trade” by one well-known hedge-fund manager, gold — buoyed by geopolitical unrest and global-growth hand-wringing — has found an ever-so-slight respite from a …

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Is the Worst Over for Gold?
investorplace.com

The Gold Report: The World Gold Council, which gets its numbers from Thomson Reuters GFMS, reports that total gold demand in Q2/14 fell by 15% versus the same period in 2013. Furthermore, physical bar and official coin demand were basically cut in half …

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Gold Futures Fall as Dollar Rises on U.S. Housing Gain
www.bloomberg.com

Gold futures fell as the dollar rallied to a four-year high, damping demand for the precious metal as an alternative investment. Platinum extended a slump to a nine-month low. The greenback rose to the highest since June 2010 against a basket of 10 …

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Gold Lamborghini worth £4m pictured in Paris could be world's most expensive car
www.dailymail.co.uk

Labelled as quite possibly the most expensive car in the world, the gold Lamborghini Aventador has been spotted cruising the streets of Paris. As fashion week starts today, the car – which is valued at around £4 million and appears to be from Saudi …

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