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Gold prices held near $1,640 an ounce on Friday, supported by an uptick in the euro versus the dollar, but momentum was weak as investors took to the sidelines to await further news on the euro zone crisis and U.S. monetary policy. Spot gold was down 0.1 percent at $1,641.11 an ounce at 1346 GMT, while U.S. [...]
Gold futures swerved between small gains and losses Friday, underpinned by a weaker dollar but for the most part lacking catalysts to generate trading action in either direction. Gold for June delivery retreated $1.20, or 0.1%, to $1,640.60 an ounce on the Comex division of the New York Mercantile Exchange. The contract had spent most its [...]
The World Gold Council on Thursday announced that it is working in partnership with India Post and Reliance Money to celebrate the festival ofAkshaya Tritiya, by offering consumers a special discount of 6% on the purchase of gold coins fromIndia Post offices. Starting from April 19 until June 30, consumers can purchase 99.9% pure, Swiss-manufactured gold coins in denominations [...]
Gold inched lower on Friday and was headed for a weekly decline of 1 per cent, weighed down by persistent concerns about Spain and lackluster US economic data. FUNDAMENTALS * Spot gold edged down 0.1 per cent to $1,640.89 an ounce by 0041 GMT, on course for a 1-per cent weekly fall. * US gold was little [...]
Nepal gold prices dropped sharply Thursday from an overall high two days ago while silver remained unchanged. According to Nepal Gold and Silver Dealers’ Association (NGSDA), gold price decreased to NR 50,000 per tola (11.664 gram) on Thursday. Price of silver remained near the record high of NR.1,265 ($18) per tola. Nepal market has been [...]
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