gold and silver News

Gold price edges higher on better retail off-take; silver recovers
Press Trust of India: Mumbai, May 17, 2013 at 1838 hrs ISTSnapping a two-session downtrend, gold moved up at the domestic bullion market today.
Gold futures prices extend losses on global cues, subdued demand
Press Trust of India: May 17, 2013 at 1351 hrsGold futures prices today fell by 0.31 per cent to Rs 26,050 per 10 grams.
Silver futures prices extend weakness, down 0.68%
Press Trust of India: New Delhi, May 17, 2013 at 1351 hrs ISTContinuing a downward journey slide, silver prices fell by 0.68 per cent to Rs 42,969 per kg.
Gold price falls further in longest losing streak in 4 years
Reuters: Singapore, May 17, 2013 at 1319 hrs ISTPhysical demand for gold slow as consumers await further price fall-dealers.
China, India demand not enough to save gold: Clyde Russell
Reuters: Launceston, Australia, May 17, 2013 at 1248 hrs ISTThree main factors that drove the metal to its all-time high in September 2011.
Silver futures prices extend weakness, down 0.68%
PTI: New Delhi, May 17, 2013 at 1228 hrs ISTContinuing a downward journey slide, silver prices fell by 0.68 per cent to Rs 42,969 per kg+

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Gold futures prices extend losses on global cues, subdued demand
PTI: New Delhi, May 17, 2013 at 1224 hrs IST
Losing shine: Investors taking more risks, selling gold to free up cash
ENS Economic Bureau: New Delhi, May 17, 2013 at 0256 hrs ISTGold prices dipped Rs 550 per 10 grams in Mumbai on Thursday.
Gold prices fall below Rs 26,000/10grams in futures trade
PTI: New Delhi, May 16, 2013 at 1936 hrs ISTGold prices plunged by Rs 452 to Rs 25,990 per ten grams in futures trade today.
Govt slashes import tariff value of gold, silver
PTI: New Delhi, May 16, 2013 at 1831 hrs ISTTariff value is the base price on which the customs duty is determined to prevent under-invoicing.
Gold price hits 1-month low, eyes longest downturn since 2009
Reuters: Singapore, May 16, 2013 at 1451 hrs ISTSpot gold down sixth session in a row; gold price has dropped nearly 18 pct this year.
Gold demand in India rises by 27% in Jan-Mar: WGC
PTI: New Delhi, May 16, 2013 at 1152 hrs ISTGold demand in India, the world's largest consumer, rose by 27 per cent to 256.5 tonnes.
MMTC to refine 200 tonne gold, silver this fiscal
Press Trust of India: May 15, 2013 at 1822 hrsThe company had refined 55 tonne of gold and 15 tonne of silver in the last fiscal.
Gold futures prices fall 0.71 pc on global cues
Press Trust of India: New Delhi, May 15, 2013 at 1738 hrs ISTTracking a weak global trend, gold prices fell in futures trade today as speculators offloaded their positions.

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