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 April 13 this …
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Gold price makes modest gains as dollar rally cools

“I don't think we have seen the end of the economic crisis by a long shot, the improvement in the US jobs market is only partial and that is lending support to the gold price,” Sharps Pixley Chief Executive Ross Norman said. “But I think we could still …
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Gold in freefall as confidence evaporates

The fall in gold prices has left central banks around the world with theoretical losses of $US655 billion, according to estimates. The price of bullion has fallen a staggering 34 per cent since its $US1908 peak in August 2011. The total value of gold …
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