Gold trading outlook: futures lower as dollar rises, data ahead
Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than previously expected US rate hike. The US dollar hovered near a 13-month peak, weighing on havens. Gold futures for December delivery on the Comex... read more »
Gold remains weak on sluggish demand; silver ends lower
NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in the national capital today due to slackened demand from jewellers and retailers even as the metal recovered overseas. Silver also eased by Rs... read more »
Gold futures decline to Rs. 28,420 per 10 gm; silver down at Rs. 42,621 per...
NEW DELHI, AUG 18: Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators. On the Multi Commodity Exchange, gold for delivery in December fell Rs. 236 or 0.82 per cent to Rs.28,420 per 10 grams in a... read more »
Gold demand drops 16% led by declines in India to China
London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes from 1,148.3 tonnes a year earlier as jewellery purchases fell to the lowest since the fourth quarter of 2012, the London-based council said on... read more »
