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  • Gold falls for 8th session, silver down sharply

    Gold falls for 8th session, silver down sharply

    Gold fell for an eighth straight session on Monday to its weakest level in over a month, as fears that the U.S. Federal Reserve may wind back its economic stimulus programme hurt the metal's appeal as a hedge against inflation.

  • Gold falls to Rs 26,700 on stockist selling, global cues

    Gold falls to Rs 26,700 on stockist selling, global cues

    Gold prices fell by Rs 110 to Rs 26,700 per 10 grams in the national capital on Saturday on reduced offtake against stockists selling sparked by a weak global trend.

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  • ONGC keen on foraying into unconventional gas sources

    ONGC keen on foraying into unconventional gas sources

    ONGC said it is keen on foraying into unconventional gas sources like shale gas and would bid for blocks once the government put in place a national policy.

  • Gold prices slip below Rs 26,000 amid global selloff

    Gold prices slip below Rs 26,000 amid global selloff

    Gold futures for May delivery slipped below the Rs 26,000 mark on the MCX on Friday as the yellow metal declined for the seventh straight session in the global markets. The May contract traded Rs 158 (0.60 per cent) lower at Rs 25,973 as of 12.30 p.m.

  • Brent slips, stays below $104 on demand worries, firm dollar

    Brent slips, stays below $104 on demand worries, firm dollar

    Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices.

  • Gold falls for 7th day, down 17% in 2013

    Gold falls for 7th day, down 17% in 2013

    Gold fell for a seventh straight session on Friday as the dollar strengthened and investors cut exposure to the metal, sending holdings in exchange-traded funds to their lowest in four years.

  • Gold slides to four-week low as investors sidestep bullion

    Gold slides to four-week low as investors sidestep bullion

    Gold hit a four-week low on Thursday, declining for a sixth straight day for the first time in more than four years, as investors spooked by recent price falls favoured other assets.

  • Government slashes import tariff value of gold, silver

    Government slashes import tariff value of gold, silver

    The government has slashed the import tariff value of gold and silver to $466 per ten grams and $761 per kg, respectively, considering weak global price trend.

  • Gold hits one-month low, eyes longest downturn since 2009

    Gold hits one-month low, eyes longest downturn since 2009

    If gold ends lower on the day, it would be its longest losing streak since March 2009.

  • Gold prices may fall to Rs 25700 mark, analysts say

    Gold prices may fall to Rs 25700 mark, analysts say

    Gold for May delivery fell by Rs 200 per 10 gram to a low of Rs 26,106 on the MCX on Thursday. The decline marked the fourth straight day of losses.

  • Gold hits longest losing streak in 4 years

    Gold hits longest losing streak in 4 years

    Gold fell for a sixth session on Thursday in its longest losing streak since March 2009, after holdings in exchange-traded funds fell to their lowest in four years as rallying stock markets dulled bullion's safe-haven appeal.

  • Gold at four-week low under $1,400/oz on stronger dollar

    Gold at four-week low under $1,400/oz on stronger dollar

    Gold fell for the fifth straight session on Wednesday, hitting a four-week low below $1,400 as the dollar strengthened to a six-week high versus the euro, clouding the metal's already weak technical picture.

  • Gold buying muted after new RBI measure

    Gold buying muted after new RBI measure

    Gold buying in India, the world's biggest buyer of the metal, came to a halt on Tuesday, a day after the Reserve Bank of India (RBI) restricted gold imports on consignment basis and jewellery sellers saw a sharp rise in festival sales.

  • Gold rises on weaker dollar after 3-day fall

    Gold rises on weaker dollar after 3-day fall

    Gold rose for the first time in four sessions on Tuesday, aided by a softer dollar, although persistent outflows from exchange-traded funds reflected investors' waning interest in the safe-haven precious metal.

  • Gold drops 1% to near two-week low as dollar firms

    Gold drops 1% to near two-week low as dollar firms

    Bullion's safe-haven appeal has been dimmed by speculation the Federal Reserve could scale back its aggressive monetary stimulus after recent US labour market data pointed to a steady recovery trend in the world's largest economy.

  • On Akshaya Tritiya, do you need to revisit your gold investment?

    On Akshaya Tritiya, do you need to revisit your gold investment?

    Here are six points which show that the time has come to book some profits in gold investments.

  • Oil down in Asia as OPEC boosts supply

    Oil down in Asia as OPEC boosts supply

    Crude prices were lower in Asian trade today, after OPEC raised its oil output and maintained a flat forecast of global demand, analysts said.

  • Why you should not buy gold this Akshaya Tritiya

    Why you should not buy gold this Akshaya Tritiya

    India, the world's biggest gold consumer, is celebrating Akshaya Tritiya on Monday, considered to be an auspicious day for buying precious metals in the Hindu culture. While, most households will queue up to buy some jewellery on May 13, investors in gold are likely to stay away with the yellow metal on track to end its 12-year bull run.

  • Hedge funds' bullish bets on commodities at six-week high

    Hedge funds' bullish bets on commodities at six-week high

    The net long money held by hedge funds and other big speculators in commodities is back to a six-week high, moving on from April's market tumble, as traders piled into oil and oversold crops like coffee, cocoa and corn, trade data showed on Friday.

  • Gold imports may decline 50% in FY14 on RBI curbs: MMTC

    Gold imports may decline 50% in FY14 on RBI curbs: MMTC

    India's gold imports are expected to fall by 50 per cent to below 500 tonne this fiscal year if the Reserve Bank's recent move to restrict banks' bullion imports is made effective, a senior MMTC official said.

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