Gold decline as stronger dollar curbs demand

Last Updated: Wednesday, January 4, 2012, 22:35

The US mortgage applications dropped last week as potential buyers looked past record-low borrowing rates.

Gold falls to 7-week low on Europe anxiety

Last Updated: Tuesday, December 13, 2011, 09:07

Spot gold slid to a seven-week low on Tuesday, extending a 2.6-percent decline in the previous session, as worries about the eurozone debt crisis continued to grip investors after the euphoria over the European Union summit agreement faded.

Gold eyes biggest 3-day fall in 28 years, investors flee

Last Updated: Monday, September 26, 2011, 17:32

Gold was set for its biggest three-day loss in 28 years on Monday, as investors fled commodity markets in a scramble to secure cash in the face of mounting fear over the impact of a potential Greek debt default on the rest of the euro zone.

Gold loses more shine after CME margin hike

Last Updated: Thursday, August 25, 2011, 13:31

Gold fell more than 1 percent on Thursday, extending the previous session's losses, after the CME Group raised trading margins by the most in over two and a half years to curb volatility in bullion that had surged to dizzying heights.

Gold posts biggest drop since 1980 on Fed fears

Last Updated: Thursday, August 25, 2011, 12:47

Gold futures fell more than USD 100 on Wednesday, one of the steepest falls ever, as strong US economic data and expectations of more Federal Reserve stimulus accelerated profit taking from the safe-haven record high of a day ago.

Soaring gold price dampens consumer sentiment

Last Updated: Saturday, August 20, 2011, 22:30

Soaring gold price caused by international economic concerns seem to have dampened sentiments of the domestic consumers who are being deterred by an all-time high price of Rs.28,100 per 10 grams of the yellow metal, say experts.

Gold breaches Rs 25K mark, may reach Rs 27,000 by Diwali

Last Updated: Monday, August 8, 2011, 21:09

Gold continued its uninterrupted record-breaking rally and jumped to another historic high at the domestic bullion market here today on consistent buying from stockists and investors driven by bullish wave in overseas.

Gold sky-rockets to new high of Rs 24,770 on firm global cues

Last Updated: Saturday, August 6, 2011, 16:54

Gold prices zoomed to yet another record of Rs 24,770 per 10 grams by adding Rs 420 in the national capital today on frantic buying by stockists and investors, driven by a firming trend overseas.

Gold climbs new peak at Rs 23,270 on global cues

Last Updated: Saturday, July 16, 2011, 19:46

Gold surged Rs 150 to hit a new high of Rs 23,270 per 10 grams on Saturday on brisk buying by stockists, driven by a firming global trend. Silver also staged a strong come back by rising Rs 1,000 to Rs 57,500 per kg on increased offtake by industrial units.

Gold falls from record high to Rs 23,120, silver sheds Rs 800

Last Updated: Friday, July 15, 2011, 17:21

Snapping a five-day gaining streak, gold prices moved down by Rs 100 to Rs 23,120 per 10 grams on Friday due to sluggish demand at existing high levels and weak global cues.