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Commodities

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Precious Metals
Gold gains Rs 155, silver up Rs 500 on global cues
Both gold and silver rose for the third day in a row on the bullion market here today on sustained buying by stockists and investors, driven by a firming global trend.
19-MAY-12
Gold, silver see sharp rebound
Gold and silver prices have recovered smartly in the past two days, with prices here up three to four per cent. Both precious metals have recovered all the losses incurred during the first fortnight of May, in just these two days.
19-MAY-12
Gold rebounds in futures trade on global cues
Gold prices rose by Rs 163 to Rs 29,065 per 10 grams in futures trade today as speculators enlarged their positions, taking positive cues from global markets.
18-MAY-12
Gold demand falls in Jan-Mar
The global demand for gold in the first quarter of calendar year 2012 declined by about five per cent, chiefly due to an increase in import duty by India and consequent drop in demand in the country.
18-MAY-12
Central banks in the world pick up gold as reserves
Central banks across the world have started picking up gold as reserves, observed World Gold council in its first quarter gold demand review report released today.
17-MAY-12
India's gold demand down 29% vs Q1 2011: WGC
Gold demand in the country declined by 13% in value terms and was at $11,284 million compared to $12,952 in the corresponding quarter last year.
17-MAY-12
Global gold Q1 demand down 5%, value up 16%
Global gold demand in the first quarter of 2012 fell by 1,097.6 tonne, in volume terms, compared to the same quarter in 2011, World Gold Council said in its first quarter 2012 review of the Global gold market.
17-MAY-12
Silver futures rebound on global cues
Tracking recovery in global markets, silver rebounded by 1.51% to Rs 52,335 per kg in futures trading today.
17-MAY-12
Gold futures recover on firm Asian cues
Gold prices recovered by Rs 136 to Rs 28,098 per 10 gm in futures trading today, as speculators created fresh positions after the precious metal rebounded in global markets.
17-MAY-12
Gold tumbles into bear market on Greece concerns
Gold today declined for a fourth day and entered a so-called bear market as concerns that Greece will have to leave the euro boosted the dollar and cut the metal’s appeal as an alternative asset.
16-MAY-12
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