By Financial Times, Sun, 8 Nov 2009 12:59:00 GMT
The announcement last week of India's official purchase of 200 tonnes of gold from the International Monetary Fund put an amphetamine-like push into the metal's price. Before that news, the recent rally to new highs seemed to be tiring out, with theread more »
By Stockwatch.in, Sun, 8 Nov 2009 12:24:00 GMT
On the back of strong demand during the marriage season and uptrend of prices in the global market, gold today reached a new high price of Rs. 16,900 per 10 gram in the bullion market. After a gain of Rs. 75, gold prices reached a level that had not beenread more »
By Yahoo! India, Sun, 8 Nov 2009 12:10:00 GMT
Gold prices spiked to a new high of Rs 16,900 per 10 gram in the bullion market here on strong marriage season demand amid firming global trends. Gold gained Rs 75 to close at Rs 16,900 per 10 gram, a level never seen before. The precious metal in the USread more »
By Gulf Times, Sun, 8 Nov 2009 11:11:00 GMT
Sri Lanka?s central bank yesterday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal. Central Bank assistant governor Nandalal Weerasingheread more »
US gold extends rally above $1,100/oz on jobs data
