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India Gold News. Service for global professionals. Constantly updated news and information about India.
- The day the bears lost control of gold 10 Nov 2009 01:53 GMT
... market? Since the beginning of September the gold price is up from 940 to 1100 in less ... in November: Usually demand from jewelry and India tail off at this point of the ... the rallying dollar would have brought the price of gold down. But last week, GOLD DETACHED.....and rallied ...
- India-IMF deal: The tipping point for gold 10 Nov 2009 02:11 GMT
... not just the fact that the New Delhi government is handing over $6.7 billion for the ... it may mean for gold going forward. India, the world’s largest gold jewelry market, is ... note goes on to say that if gold prices rise, the price of energy and other ...
- India-IMF Deal: Tipping Point for Gold 10 Nov 2009 07:32 GMT
... Holmes Posted: Tuesday , 10 Nov 2009 India's deal to buy 200 metric tons (6.4 ... not just the fact that the New Delhi government is handing over $6.7 billion for the ... note goes on to say that if gold prices rise, the price of energy and other ...
- India-IMF Deal: A Tipping Point for Gold? 10 Nov 2009 00:31 GMT
... not just the fact that the New Delhi government is handing over $6.7 billion for the ... note goes on to say that if gold prices rise, the price of energy and other ... of global equities and commodities.” Along with India, China has also been a major gold ...
- Great day for gold, oil and global stocks 10 Nov 2009 05:12 GMT
... THE gold price hit a new record high, oil ... added as much 1,5%, to a record 1111,70/oz on the New York Mercantile Exchange’s Comex ...
- Gold Breaks $1,100: Does It Matter? 10 Nov 2009 10:52 GMT
... Last week, gold prices briefly touched $1,100/oz before settling just under that ... costs are much less than $1,100 per ounce. And given China’s propensity to put national ... urgency for us, as there is for India, to snap up big volumes whenever they come onto ...
- Will China buy 203 tonnes of gold from IMF? 10 Nov 2009 11:52 GMT
... Monetary Fund (IMF) sealed its deal with India to sell 200 tonnes of gold. In fact, the ... had to pay. As such, the higher gold prices rise, the less likely China will be interested ... for gold in 2010 is US$1,000 an ounce. (Source: Minesweb) ...
- Gold prices soften as dollar recovers 10 Nov 2009 12:34 GMT
... U.S. currency's recovery would be temporary. Spot gold was bid at $1,101.40 (U.S.) an ounce at 1007 GMT, against $1,103.85 late in ... delivery of the metal. Gold buying in India, the world's biggest bullion market last year, ticked higher ...
- Gold at $2,750 an ounce? Here's how it could happen 10 Nov 2009 13:15 GMT
... India, the world's largest consumer of gold, is in the midst of its traditional ... helping to propel prices to $1,100 an ounce. (That's a nominal all-time high, by the ...
- Rock, scissors, paper, gold 10 Nov 2009 17:11 GMT
... a week after the Reserve Bank of India spent $6.7 billion to buy 200 tonnes of ... record in nominal terms, crossing $1,100 an ounce even though they are still below their ... easing there. However, the current rally in gold prices does have quite a bit to do with ...
- Gold rises towards record high as US dollar slips 10 Nov 2009 16:37 GMT
... LONDON - Gold prices rallied toward recent record highs above $US1,110 an ounce on Tuesday, reversing earlier losses, as the ... had sold 200 tonnes of gold to India's central bank, which prompted the metal to reach ...
- Gold rises towards record high as dollar slips 10 Nov 2009 17:15 GMT
... toward 15-mth low vs basket of currencies Gold prices rallied toward recent record highs above $1 110 (R8 192) an ounce on Tuesday, reversing earlier losses, as the ... had sold 200 tonnes of gold to India's central bank, which prompted the metal to reach ...
- Sinking dollar fuels new gold rush 10 Nov 2009 12:56 GMT
... Worries about the fast-falling dollar are sending gold prices to record highs. Gold rose to $1,111.70 an ounce Monday as the dollar sank to a ... metric tons this year, Mr. DiGeorgia said. India and other nations also have been adding to their ...
- Gold Trades Near Record as Weak Dollar Boosts Investor Demand 10 Nov 2009 06:55 GMT
... Nov. 10 (Bloomberg) -- Gold traded within half a percent of its ... reached an all-time high of $1,111.20 an ounce yesterday. The metal gained to $1,105.85 today ...
- Gold: where next for the price? 10 Nov 2009 16:21 GMT
... all-time high, breaking through the $1,100 an ounce barrier on a weaker US dollar and ... the question remains: how high can the price of gold go? Here are the thoughts of analysts ... of gold by the Reserve Bank of India has only added to the positive sentiment towards gold. ...
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