New Delhi | May 18, 2013 17:41 (IST)
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.
Kolkata | May 18, 2013 14:11 (IST)
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.
May 17, 2013 12:45 (IST)
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.
May 17, 2013 12:26 (IST)
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.
May 17, 2013 10:12 (IST)
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.
London | May 16, 2013 22:22 (IST)
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.
May 16, 2013 18:34 (IST)
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.
Singapore | May 16, 2013 14:22 (IST)
If gold ends lower on the day, it would be its longest losing streak since March 2009.
May 16, 2013 11:14 (IST)
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.
May 16, 2013 10:58 (IST)
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.
London | May 15, 2013 21:12 (IST)
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.
Mumbai | May 14, 2013 23:52 (IST)
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.
May 14, 2013 11:20 (IST)
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.
Singapore | May 13, 2013 12:28 (IST)
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.
May 13, 2013 11:37 (IST)
Here are six points which show that the time has come to book some profits in gold investments.
Singapore | May 13, 2013 10:42 (IST)
Crude prices were lower in Asian trade today, after OPEC raised its oil output and maintained a flat forecast of global demand, analysts said.
May 13, 2013 10:05 (IST)
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.
May 13, 2013 09:33 (IST)
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.
May 12, 2013 13:53 (IST)
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.
May 10, 2013 20:42 (IST)
This is the fourth hike in diesel prices since January when the government permitted state-run oil companies to hike the price of the fuel by 45-50 paise per litre per month.
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