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Five Reasons Why Gold Price Are Declining
Gold is a safe-haven asset and any likely turmoil in the financial world or geo-political tensions renders the asset class safe with its rising valuations. However, when the economic indicators provide for an overall healthy outlook, gold tends to lower in ...
Gold rises in futures trade on global cues
New Delhi: Gold prices rose 0.35 percent to Rs 28,481 per 10 grams in futures trade as speculators created fresh positions after the precious metal climbed to over one-week high in the global markets. At the Multi Commodity Exchange, gold ...
Fed Minutes spooks markets; Nifty drops 124 points
Minutes from the Fed meeting spooked markets after investors feared that the minutes hinted at earlier then expected withdrawal of the Fed's asset purchase programme. The Sensex ended the day lower by 372 points (provisional), while the Nifty closed the ...
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