Symbol: GOLD| Contract: Jun, 2014 | Category: Bullion
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Gold's Latest News
The minutes from the Fed's March 18-19 meeting showed policymakers were unanimous in wanting to ditch the thresholds they had used to telegraph a policy tightening and did not reveal any discussion of keeping rates near zero for a "considerable time,...
Gold in London, which normally sets price trend on the domestic front, rose by 0.1 per cent to $1,309.54 an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity shot up by Rs 220 each to Rs 29,700 and Rs 29,500 per ten gram respectivel...
Gold steadied on Wednesday ahead of the release of minutes of the Federal Reserve's latest policy meeting, as concerns over tensions in Ukraine balanced against a firmer dollar and fresh outflows from bullion-backed funds.
Gold was trading near its highest in two weeks on Wednesday, bolstered by signs of increasing demand in China and as rising tensions over Ukraine burnished its safe-haven appeal.
Commodity futures trading volumes in India fell 40.49 per cent in the year to March 2014, its second straight year of decline, the market regulator said on Tuesday.
At the Multi Commodity Exchange, gold for delivery in June rose by Rs 174, or 0.61 per cent, to Rs 28,500 per 10 grams, with a turnover of 735 lots.
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