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Gold hovers near five-year low, heads for worst week since October Gold hovers near five-year low, heads for worst week since October
Gold held near its lowest level since March 2010 early on Friday and was set to end the week posting its deepest loss in nine months, pressured by predictions of further losses as the Federal Reserve moves closer to raising interest rates.
Falling gold prices boost demand in India: WGC Falling gold prices boost demand in India: WGC
A fall in gold prices has boosted demand in India, the world's second largest consumer, despite the summer months being a traditional quiet period, World Gold Council (WGC) said Thursday.
Gold halts 4-day falling streak, rebounds Rs 120 on global cues Gold halts 4-day falling streak, rebounds Rs 120 on global cues
Snapping its four-day losing streak, gold Thursday regained its glitter to close Rs 120 higher at Rs 25,370 per 10 gram at the bullion market after the precious metal rebounded in global market.
Gold futures regain Rs 25,000-level on global cues Gold futures regain Rs 25,000-level on global cues
Gold regained Rs 25,000 per kg level in futures trade as speculators indulged in covering-up of their short positions after the precious metal rebounded from in the global markets.
Gold crash: Things that common man can watch out for Gold crash: Things that common man can watch out for
Let’s have a look at the options and the impact of gold price rout.
Gold crawls off five-year low, but downside risk seen intact Gold crawls off five-year low, but downside risk seen intact
Holdings in the world`s biggest gold-backed exchange-traded fund, SPDR Gold Shares, shrank for a fifth day on Wednesday to the lowest level since 2008.
Gold rout spurs buying spree of US Mint coins Gold rout spurs buying spree of US Mint coins
The gold rout this week has spurred a buying spree of bullion coins in the United States, dealers said, as government data showed sales for this month have hit their highest in more than two years.
Gold price slides 1% to five-year low as investors pull back Gold price slides 1% to five-year low as investors pull back
Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week.
Shaken investors to stay away from gold as confidence shatters Shaken investors to stay away from gold as confidence shatters
The slide was reminiscent of gold`s dramatic retreat in the second quarter of 2013, when prices fell nearly USD 200 in just two days in April, and another 11 percent in June.
Gold price sinks to 4-year low, falls below Rs 25,000 per 10 gram Gold price sinks to 4-year low, falls below Rs 25,000 per 10 gram
Gold prices on Wednesday dropped to four-year low levels, dropping below Rs 25,000 per 10 gram mark in Mumbai, amid a global rout in the rates of precious metal.
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