I believe we will see a reversal of gold’s fortunes and new all-time highs, if not this year than certainly in 2013. Moreover, the now decade-long advance in the metal’s price cou....

China's appetite for gold continues to remain strong even as India demand has dropped on account of higher prices, import, excise duties. India has reduced excise duty on jewellery on strong opposi....

What might have caused the different performance of gold? In the developed market, gold price has been see-sawing recently as investors weigh on the economic data in the U.S., policy statement from....

Gold has become more bullish on reports that Central Bank buying of the yellow metal has intensified and see it as a safer alternative to fiat currency.Although a third round of quantitative easing....

Market sentiments to remain weak today and on account of this, the US dollar is expected to remain strong. I expect Indian Rupee to trade with a depreciation bias. Additionally, month-end dollar deman....

 MCX Gold opened at 28685 Indian Rupees (INR) compared to previous week close of INR 28701 per 10 gms . Gold opened almost flat logging decline from past three week lows as buying emerged in last....

Silver edged modestly higher in subdued trade boosted by a broadly weaker U.S. dollar as investors searched for the next catalyst to take prices higher.....

While investors and traders are speculating whether the U.S. Fed will engage in QE3 or not and where gold price may head, the Euro crisis still has a major bearing on gold price. Europe is simultan....

Though it may appear that gold is moving along with risk assets, it is actually simply following its historical relationship with the dollar. The immediate economic concerns have been papered over ....

Gold has fallen sharply on other occasions this year following Fed policy communications. March 13, the day this latest FOMC decision was announced, saw the spot market gold price drop 2%from the d....

Last week, World Bank President Robert Zoellick endorsed a new bank to be created by the top five emerging economies. The countries include: Brazil, Russia, India, China and South Africa. These fiv....

In a bill that advanced on Tuesday, South Carolina residents would be able to use gold and silver coins as currency. The measure was approved by the House Judiciary Committee and would allow people....

The Euro traded higher by 0.9 percent on Thursday on account of weakness in the dollar. However, worries over Greece growthconcerns capped sharp gains in the currency yesterday. The Euro hi....

The US Dollar Index (DX) declined around 0.8 percent in yesterday’s  trading session on the back of upbeat sentiments in the US markets due to favorable unemployment claims data from the....

On technical charts, MCX Silver is having support at Rs. 5....

On Thursday, Aluminium February delievery contract dropped by 0.97 percent to 106.50 rupees per kilogram at MCX Counter. Support for con....

Meanwhile, MCX Nickel may face resistance near Rs. 1022 and if market-to....

MCX copper is currently traveling at Rs. 419.7 after making a low of Rs.....

On weekly, chart yellow metal is having a good support near Rs. 27700 an....

Greece has accepted austerity plan and they can now move to take externa....