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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.

Gold rebounds from 20-month low; closes at Rs 26,600 per 10 gm

Last Updated: Thursday, April 18, 2013, 15:56

Snapping a four-day losing streak, gold prices rebounded on Thursday by gaining Rs 250 to Rs 26,600 per 10 grams in the national capital on fresh buying by stockists and retailers amid recovery in overseas markets.