Gold declined 10 rupees, to 20,640 rupees per ten grams at Delhi’s bullion market, on Tuesday. But silver ready rose 200 rupees, to 45,000 rupees per kilo, on rising demand from industrial units.
Most Asian markets rose, on Tuesday, on speculation that Japan’s bond purchases will ease Europe’s fund-raising crisis. Japanese Finance Minister Yoshihiko Noda said it was appropriate for his nation to buy euro-zone government bonds to support Ireland. So Japan’s Nikkei 225 index fell 0.3%. But Hong Kong’s Hang Seng index rose 1%; and China’s Shanghai [...]
In order to safeguard Indian markets from money laundering and terror financing risks from Iran, watchdog Sebi has asked market players to be cautious in dealing with entities and funds from that country. The warning has been issued to stock exchanges and other market intermediaries by Sebi through a circular, containing a global financial market [...]
Silver prices rebounded at the bullion market in Mumbai on Tuesday due to hectic speculative buying amidst good industrial offtake on the back of a firm global trend. Gold also continued to gain owing to renewed buying at low levels by the stockists. Silver ready (.999 fineness) jumped by Rs 335 per kg to end [...]
The BSE benchmark Sensex Tuesday rebounded for the first time in six sessions by recovering 185 points in the opening trade on emergence of buying by funds and retail investors at prevailing lower levels, but fears of hike in interest rates capped gains. The Sensex, which had lost over 1,335 points in last five sessions, [...]
The Indian rupee gained 12 paise to Rs 45.33 against the US dollar in early trade at the Interbank Foreign Exchange tuesday, supported by a higher opening in the stock market and weakness of the American currency against other major currencies. The rupee had depreciated by 7 paise against the US currency to close at [...]
Gold rose 50 rupees, to 20,650 rupees per ten grams at Delhi’s bullion market, today, on marriage season and festival demand. Silver gained 175 rupees, to 44,800 rupees per kilo, on increased off take by industrial units and coin makers. In the global markets, gold climbed 0.5 per cent, to 1,376 dollars an ounce. Gold [...]