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Gold rebounds on strong demand, global firmness

Last Updated: Saturday, June 22, 2013, 17:15

Silver also rose sharply on heavy speculative as well as industrial off-take.

'Gold price may bounce back in medium-term'

Last Updated: Saturday, April 20, 2013, 12:24

The industry body said gold is viewed as a tool not only for hedging inflation, it is now seen as a hedge against weak economic fundamentals, which cause severe economic downturns such as high unemployment, rising fiscal deficits, high debt-GDP ratios, sluggish output and weak currency scenarios.

Price rally triggers gold scrap sales

Last Updated: Thursday, February 23, 2012, 13:43

Rallying gold prices triggered a wave of scrap sales in Asia's physical gold market, as traders took advantage of three-month high prices, while buying from top two consumers India and China remained muted.