A weak rupee makes the dollar-quoted asset expensive. The Indian rupee fell to a one-week low on Wednesday
Archive for March, 2009
Gold recovers partly on rupee
Wednesday, March 25th, 2009Gold demand picks up as prices dip
Tuesday, March 24th, 2009Traders would be awaiting further price dips in order to stock the yellow metal to meet wedding demand in mid-April, dealers said
Drop Ms and Mrs? It is still a man’s world
Saturday, March 21st, 2009Gold spurts by Rs240 on global cues
Friday, March 20th, 2009Gold prices spurted by yet another Rs240 per ten grams to end at Rs15,425 on the bullion market
Gold rebounds sharply on strong overseas markets
Wednesday, March 18th, 2009Analysts said the yellow metal may see a further upside, but it could be restricted due to a strong rupee
Gold declines but demand subdued
Wednesday, March 18th, 2009The yellow metal would trade sideways to lower through the session and would wait for the US Fed meeting announcement for further direction, they added
Gold demand still weak, buyers eye falls
Tuesday, March 17th, 2009Overseas gold dipped 0.4% pressured by scrap dealers selling to lock in profits around $920 per ounce
Gold extends losses, buyers still away
Monday, March 16th, 2009The benchmark April contract was trading 0.23% lower at Rs15,280 per 10 grams at 3:21pm
Gold recovers by Rs95 at Rs15,320 on firm global cues
Friday, March 13th, 2009The precious metal, which normally moves in tandem with the international trend, was in demand among stockists despite an off marriage and festival season
India gold gains further, buyers stay away
Thursday, March 12th, 2009Dealers said traders were not in a position to enter into deals as banks, the primary sellers of gold, were closed on Tuesday and Wednesday for a public holidays
