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Gold futures fall 0.44% on global cues

Last Updated: Wednesday, May 09, 2012, 11:34

Gold prices fell by 0.44 percent to Rs 28,524 per 10 gm in futures trade on Wednesday, as speculators engaged in trimming their positions, taking weak cues from overseas markets.

Gold prices may touch $2,000 an ounce in 2012: Study

Last Updated: Sunday, January 08, 2012, 11:44

Out of the 26 contributors to the survey, 19 expect gold to cross the USD 2,000 per ounce level in 2012.

India gold price little changed, demand weak

Last Updated: Monday, January 02, 2012, 16:44

Gold demand in India, the world's top consumer of the metal, was weak on Monday as buyers held off purchases to await indications from world markets, most of which were closed, dealers said.

Gold prices may reach $2,000 by March 2012: Scotia

Last Updated: Thursday, November 24, 2011, 22:41

Gold prices are likely to touch USD 2,000 by March, driven by the global economic crisis, while gold imports may reach 1,000 tonne, a senior SocotiaMocatta official on Thursday said.

Gold rebounds from four-week low as debt concerns spur demand

Last Updated: Tuesday, November 22, 2011, 19:19

Gold on Tuesday rebounded from the lowest level in almost four weeks as debt concerns in the US and Europe spurred demand for the metal as a protection of wealth.

Gold to 3-week low as stronger dollar cuts investor demand

Last Updated: Monday, November 21, 2011, 21:13

Gold on Monday declined to the lowest level in almost three weeks and dipped below 1700 dollar an ounce level, extending last week’s drop as stronger dollar curbed demand for the metal as an alternative investment.

Gold hits new high at Rs 29,295 on marriage season demand

Last Updated: Monday, November 14, 2011, 15:15

The precious metal had touched a high of Rs 29,140 on November 9.

Gold zooms to all-time high on marriage season demand

Last Updated: Wednesday, November 09, 2011, 09:37

Gold gained Rs 200 to touch an all-time high of Rs 29,140 per 10 grams as the metal rallied in overseas markets to a seven-week high.

Gold to stay strong, top performing funds say

Last Updated: Saturday, October 08, 2011, 23:51

Gold will stay strong due to a lack of alternative havens for investors operating in a slowing global economy, top performing commodity fund managers told after taking a defensive approach and going into cash during September's gold sell off.

Gold extends gains, equities drop on Europe debt fears

Last Updated: Monday, October 03, 2011, 11:04

Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted it’s the biggest quarterly gain this year, but a firm US dollar could still cap gains.

CME increases margins for gold, silver to check meltdown

Last Updated: Saturday, September 24, 2011, 17:01

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.