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Gold bull run set for 12th consecutive year: WGC
Gold prices are set for a 12th consecutive year of gains despite volatility, with investor demand likely to be spurred by unfolding euro zone sovereign debt crisis, a senior official of the World Gold Council (WGC) said on Thursday. "We believe this will be the 12th year of a bull run by the end of this year," Marcus Grubb, managing director for investment at the industry-funded WGC, told a news

Gold edges higher on stray retail buying, silver recovers

New Delhi: Gold prices moved up marginally after an uninterrupted five-session fall at the domestic bullion market here on Saturday on the back of modest retail buying support as well as some

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300% jump in gold export industry questions data

While the government has taken strong measures to curb gold import, export of the precious metal quadrupled in the first 11 months of last fiscal over the previous year. In a written reply to a

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Commodity futures turnover fall in April

MUMBAI (Reuters) - Commodity futures volumes in India, the world's biggest buyer of gold, fell 11 percent on year in April due to a decline in bullion volumes, but a rollback in excise duty could

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Gold falls to 1-month low, triggers bargain hunting

Indian gold futures extended their fall for the straight third session on Friday to hit a one-month low, triggering some bargain buying from physical traders at the end of the wedding season. The

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Gold loses Rs 155, silver sheds Rs 700 on weak global cues

New Delhi: Both gold and silver suffered heavy losses in the bullion market here on Friday on fresh selling by stockists and investors in line with a weak trend in the overseas markets. While gold

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