Singapore | December 11, 2013 14:00 (IST)
News of U.S. lawmakers reaching a budget agreement to avoid a government shutdown next month dented some of gold's safe-haven appeal, while physical demand also cooled in Asia on higher prices.
New Delhi | December 10, 2013 16:06 (IST)
The prices have been hiked due to increase in dealer commission.
New Delhi | December 10, 2013 14:30 (IST)
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 239, or 0.83 per cent, to Rs 28,650 per ten grams in a business turnover of 91 lots.
Singapore | December 10, 2013 09:47 (IST)
Gold was steady on Tuesday after gaining 1.3 per cent over the past two days, but trading volumes were thin as investors turned their attention to a U.S. Federal Reserve policy meeting next week.
New Delhi | December 09, 2013 18:16 (IST)
Close on the heels of mining giant BHP Billiton deciding to quit Indian oil and gas blocks, Australia's Santos wants to exit its two exploration blocks in Bay of Bengal due to delays in getting approvals to start work.
Mumbai | December 09, 2013 18:05 (IST)
Gold futures in India hovered near their lowest level in four weeks, while premiums charged in the physical market still stayed near the record.
New Delhi | December 09, 2013 15:25 (IST)
Traders said low level buying by stockists and retailers for the ongoing marriage season led the recovery in gold prices.
Singapore | December 09, 2013 11:08 (IST)
Gold was trading in a tight range on Monday as markets fretted over when the U.S. Federal Reserve will start to taper its economic stimulus and as stronger equities dented the metal's safe-haven appeal.
New Delhi | December 07, 2013 15:39 (IST)
Silver also fell for the fifth session, losing Rs 100 at Rs 43,500 per kg on reduced offtake by industrial units and coin makers.
Mumbai/London | December 07, 2013 12:09 (IST)
To curb a record trade deficit, India imposed an import duty of 10 per cent on gold, and tied imports for domestic consumption to exports, creating scarce supply of the yellow metal and boosting premiums to a record.
New Delhi | December 06, 2013 16:49 (IST)
The Prime Minister-constituted panel also recommended loan recasting for mills as per the Reserve Bank norms, incentives for production for raw sugar of up to 4 million tonnes and setting up of buffer stock besides doubling ethanol-blending in petrol to 10 per cent.
December 06, 2013 16:12 (IST)
Gold futures in India extended losses to hit their lowest level in four weeks, weighed by a strong rupee, though a firm overseas market kept the downside limited.
New Delhi | December 06, 2013 15:33 (IST)
India traditionally produces white sugar, but there are fewer buyers for it in the world market. Raw sugar can be sold easily in the world market.
Singapore | December 06, 2013 11:33 (IST)
Investors are now awaiting U.S. non-farm payroll data, due to be released at 1330 GMT, which could provide more clues on the timing of the tapering of stimulus measures in the world's largest economy.
London | December 05, 2013 21:31 (IST)
Gold dropped more than 1.6 per cent on Thursday as investor sentiment was dogged by persistent speculation about the future of US monetary stimulus.
New Delhi | December 05, 2013 18:38 (IST)
Diesel demand has declined this fiscal year, for the first time in more than a decade, as monthly price hikes and increased power generation clipped consumption, Indian Oil Corporation (IOC) chairman R S Butola said on Thursday.
Mumbai | December 05, 2013 16:18 (IST)
Indian gold premiums hit another record on Thursday, driven by lower supplies to meet firm demand for the wedding season, which will continue till April. Local prices were $150-160 an ounce higher than London prices, compared with $125 earlier this week, traders said.
December 05, 2013 11:22 (IST)
The metal for delivery in far-month February traded Rs 227, or 0.77 per cent, to Rs 29,367 per 10 gm.
London | December 04, 2013 22:39 (IST)
Gold pared earlier losses on Wednesday after mixed US economic data but stayed close to a 5-month low on uncertainty over when the Federal Reserve will exit its asset purchase scheme.
New Delhi | December 04, 2013 21:33 (IST)
India and Japan are stepping up the pressure for cheaper liquefied natural gas (LNG) with potential joint tenders as two of the world's biggest gas buyers try to ease the pain of high prices and rising demand.