Gold price posts biggest weekly gain in 3 months

Gold dropped 0.4 percent to USD 1,314.45 an ounce Friday, after jumping 3.3 percent in the previous session. The metal was about 3 percent higher for the week.

Commodity exchanges' turnover slips to Rs 41.45 lakh cr in Q1

The exchanges had made a business of Rs 41.71 lakh crore in the same period last year.

CME increases margins for gold, silver to check meltdown

CME Group on Saturday increased the margin requirements on gold and silver as yellow metal recorded a biggest two-day fall in almost three decades on investor selling to pay losses in other assets like equity and commodity markets.

Spot gold stays above $1,800 as stocks plunge

The CME Group raised margins for trading Comex 100 Gold Futures by 22.2 percent on Wednesday after economic worries in the US and Europe sent investors scrambling for refuge in bullion and pushed volatile prices to records.