London — Oil prices extended their slide last week, kicking off the new year with five-and-a-half-year low, as tepid eurozone demand offset a pick-up in the US economy. The dollar strengthened, hitting demand for commodities like crude and metals priced in the US unit. Oil prices slumped to a new five-and-a-half-year low on Friday, on
Gold prices rose 100 baht per baht weight at its opening at 9.21am on Saturday. The Gold Traders Association announced the buying price at 18,550 baht and the selling price at 18,650 baht per baht-weight for gold bars. The buying price for gold ornaments was 18,282.96 while their selling price was 19,050 baht per baht-weight.
New Delhi: After two day of losses, gold staged a comeback to trade Rs 135 higher at Rs 27,160 per 10 grams at the bullion market on Saturday. This was on emergence of buying by jewellers and retailers at existing levels amid a rebound in global markets. Silver, however, fell by Rs 365 to Rs
The largest jewellery outlet in Dubai will open its doors to customers on December 20, 2014. Sprawling over 9,500 square feet in the heart of Dubai Gold Souq, Malabar Gold and Diamonds showroom will be inaugurated by Bollywood’s Kareena Kapoor Khan. Claimed to be the largest jewellery outlet in Dubai, the Indian jewellery retailer boasts
The yellow metal market witnessed wide fluctuations in price in 2014. In the New Year, investors can look forward to relatively lower gold price in the international market, as some of the biggest gold investors and gold reserve holders may sell the metal to tide over current financial pressure from lower oil prices. Speaking to
Gold rebounded from a one-month low on Friday, as lower equities counteracted the impact of a stronger dollar and falling oil markets, but still posted its third straight weekly loss. U.S. gold futures for delivery in February closed up $2.10 at $1,186.20 an ounce. Spot gold fell to its lowest since Dec. 1 at $1,168.25
LONDON: Gold rebounded from a one-month low, as lower equities counteracted the impact of a stronger dollar and falling oil markets, but still looked set to post its third straight weekly loss. Bullion ended 2014 down nearly 2 percent, following a 28 percent slump the previous year. Spot gold fell to its lowest since Dec.
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