Gold industry analysts expect price boost from currency war fears

Last Updated: Saturday, August 22, 2015, 23:45

Gold prices could rise above USD 1,200 an ounce in the next few months as fears of a currency war following the devaluation of the yuan make equity markets choppy, boosting physical gold and ETF buying, leading industry analysts said at a conference.

China's long march to currency reform takes a step forward

Last Updated: Friday, August 14, 2015, 23:51

China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.

G7 affirms commitment to market-driven exchange rates

Last Updated: Tuesday, February 12, 2013, 20:06

Defusing worries of a fresh round of global currency war, the Group of Seven top industrialised countries on Tuesday asserted markets will continue to determine exchange rate of currencies.

Danger of currency war if economic crisis deepens: Mukherjee

Last Updated: Friday, September 23, 2011, 11:11

Indian Finance Minister Pranab Mukherjee on Thursday warned the international community that there is danger of a currency war if the ongoing economic crisis deepens.