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Commodities: Gold to rule the roost in 2012

Gold, silver fall amid weak global cues
New Delhi: Gold prices declined by Rs 70 to on Saturday at Rs 28,230 per 10 grams while silver fell by Rs 200 at the bullion market here today on poor demand amid weakening global trend. Silver lost Rs 200 to trade at Rs 56,000 per kg on reduced offtake by jewellers and industrial units. Live Gold Rates | Shopping for goldTrading sentiment turned bearish after gold fell in global markets as progress

Gold down by Rs 40, silver rises by Rs 300 on high offtake

New Delhi: New Gold on Friday fell by Rs 40 to Rs 28,300 per 10 grams on sluggish demand at prevailing higher levels. However, silver recovered by Rs 300 to Rs 56,200 per kg on increased industrial

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Gold up on Greece bailout hopes; heads for weekly gain

Gold prices rose on Friday as optimism that Greece may soon secure an urgently needed bailout buoyed financial markets and helped bullion recover from a one-week low hit in the previous session.

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Gold flat as Greek deal optimism cuts losses

Gold traded flat on Thursday, retracing early losses on optimism that a Greek bailout deal would be agreed next week. Bullion rose off its session low along with the stronger euro and U.S. equities,

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China surpasses India in gold demand

Despite the rupee taking a U-turn and appreciating against the dollar, the lure of high-interest income seems to be attracting Indians staying abroad to park huge sums in India. According to Reserve

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India's gold demand drops below China in 4th quarter

Wild price swings caused by a volatile rupee sapped Indian buying interest in gold in the fourth quarter of 2011, with imports well short of expectations and no pick up expected this year, dropping it

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