Local gold buyers rush to buy gold when it sinks

Local gold buyers rush to buy gold when it sinks

Local gold buyers rush to buy gold when it sinks. Despite of expert's warning that buying gold this time is too risky because the world price of gold tends to go down, Vietnamese people were rushing to buy gold bullion on June 28 when it went down much.
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PRECIOUS-Gold climbs after record quarterly drop as equities ease

Gold holds near $1,240 an ounce * Bullion up after 5 pct fall last week * Stocks ease; China official PMI slips (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, July 1 (Reuters) – Gold edged higher on Monday after clocking its biggest …
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Gold drops to near three-year low on Fed policy

On the London Bullion Market, the price of gold tumbled as low as $1,287.91 an ounce as the dollar weakened — the precious metal striking a point last seen in late September 2010. Meanwhile, London's benchmark FTSE 100 index slid 2.04 percent to stand …
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Waiting on sidelines is losing the climate battle

Waiting on sidelines is losing the climate battle After record highs just a few short months ago, we are now seeing headlines like the one in yesterday's Bangkok Post, “No end in sight for gold skid”. The global price is at US$1,1850 (368,535 baht) an ounce, and locally the gold bullion price sank to …See … Continue reading

Gold prices plunge by Rs 1150; hit 23-month low in Delhi

Gold prices plunge by Rs 1150; hit 23-month low in Delhi New Delhi: Gold prices today plunged by Rs 1,150 to hit 23-month lows of Rs 25,650 per 10 grams in the bullion market here tracking weak global trends. This is the third-biggest single day decline ever. The largest fall was of Rs 1,250 on … Continue reading

$A follows gold price lower

$A follows gold price lower The Australian dollar has hit a three-day low as the spot price of gold fell below $US1,200 for the first time in almost three years. At 1200 AEST on Friday, the local unit was trading at 92.45 US cents, down from 93.17 cents on Thursday. During …See all stories on … Continue reading

Gold price falls to near three-year low

Gold price falls to near three-year low Prices could slide further – some investors saying below $1,000 per ounce – while there is little potential for data, market trends or economic developments in the United States or Europe to reverse an accelerating investor move out of gold. Spot gold …See all stories on this topic … Continue reading

Gold coin, bar sales stopped by retailers

Gold coin, bar sales stopped by retailers Mumbai, June 25 (TruthDive) : Gold price dipped by Rs 335 to bring it below the level of Rs 27,000 to Rs 26,685 per ten grams. Those trading in future today especially speculators sold their positions in the cue of a weak global trend. Marriage and …See all … Continue reading

Schroders' Wyke Sees Gold Bull Market Intact in Bond Selloff (2)

Schroders' Wyke Sees Gold Bull Market Intact in Bond Selloff (2) Gold's bull market is intact and prices will reach a new high as declines in bonds and equities boost demand and investors seek insurance against economic and political risk, according to Schroder Investment Management Ltd. Bullion tumbled into a bear …See all stories on … Continue reading

Gold hits 2 1/2 year low as Fed signals an end to easy money

Gold hits 2 1/2 year low as Fed signals an end to easy money Physical gold demand in India, the world's biggest consumer of the metal, remained lacklustre on Thursday despite a 4 per cent drop in Indian gold prices, in sharp contrast to the response seen in April when spot prices plunged. Gold in … Continue reading

Gold price recovers from 2-week low

Gold price recovers from 2-week low … price recovers from 2-week low. PHOTO: Associated Press. Gold price in the national capital's bullion market recovered from two-week low levels on Saturday, surging Rs 260 to Rs 27,640 per 10 grams, on brisk buying by stockists amid a firm global …See all stories on this topic JSE … Continue reading

Spot gold prices crash 9%, could see worst week in 30 years

Spot gold prices crash 9%, could see worst week in 30 years Gold prices fell to a three-year low on Friday and was in danger of recording its biggest weekly drop in 30 years after the US Federal Reserve said it would wind down its bullion-friendly stimulus later this year. Spot gold – down nearly … Continue reading