Soaring gold prices worry Kerala jewelers, customersSeptember 10th, 2009 KOCHI - With gold prices soaring across the country, bullion merchants, jewellers and even customers are a worried lot in Kerala. The disappointment looms large particularly in the context of the ensuing festival season.
Gold prices cross 1,000 dollars an ounceSeptember 8th, 2009 NEW DELHI - For the first time since February, gold prices crossed 1,000 dollars an ounce on Tuesday, as investors sought a safe haven due to the dollar's weakness and worries about the sustainability of the global economic recovery. India's gold demand normally rises between August and October, when consumers buy bullion for auspicious reasons to celebrate major festivals such as Dussera, Diwali and Dhanteras.
Gold, other metals little changed as caution pervades market; oil prices fallAugust 26th, 2009 Gold, other metals little changed, oil prices fallNEW YORK — Gold and other metals were little changed in quiet trading Wednesday as cautious investors refrained from making big bets on commodities. Energy prices fell, while agriculture futures were mixed.
Gold prices rise modestly as dollar slips against euro, British poundJune 2nd, 2009 More weakness in dollar supports gold pricesNEW YORK — Gold prices rose modestly Tuesday supported by more weakness in the dollar. Gold for August delivery inched up $4.40 to settle at $984.40 an ounce on the New York Mercantile Exchange.
Gold prices hold steady despite weaker dollar as rally on Wall Street eats into demandJune 1st, 2009 Gold prices flat as dollar falls, stocks rallyNEW YORK — Gold prices were little changed Monday, despite a weaker dollar, as an improving economic outlook and a rally on Wall Street lured investors to more risky assets. Grains and oil prices rose sharply.
Gold prices little changed as dollar gains ground, stocks fallMay 11th, 2009 Gold prices little changed as dollar risesNEW YORK — Gold prices were little changed in quiet trading Monday amid a higher dollar and a decline in stocks. Other commodities were mixed.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Gold prices little changed on weak demand, stable stock market; Oil prices retreatMay 5th, 2009 Gold prices little changed as demand weakensNEW YORK — Gold prices were little changed Tuesday as weak investment demand hindered the precious metal from moving higher. Grains and oil fell.
Gold prices slide to nearly 3 percent loss for the week amid increasing optimism about economyMay 2nd, 2009 Gold prices slide as safe-haven demand withersNEW YORK — Gold prices are lower amid increasing optimism about the economy. Other commodities, like oil and silver, are posting gains.
Gold prices slide further, close below $900 an ounce as swine flu fears batter commoditiesApril 28th, 2009 Gold prices fall, close below $900 an ounceNEW YORK — Gold prices are lower as fears of a global swine flu pandemic rattle commodities markets. Oil and other metals have also fallen, while agriculture futures are up slightly.
Gold prices finish higher as dollar weakens, prices log 3 percent gain for weekApril 24th, 2009 Gold prices finish higher as dollar weakensNEW YORK — Gold prices closed higher Friday, boosted by some weakness in the dollar. But the gains were dented by more buying on Wall Street.
Gold closes above $900 for first time in weeks, rising for 2nd straight dayApril 23rd, 2009 Gold prices rise for 2nd straight dayNEW YORK — Gold prices are higher, closing above $900 for the first time in three weeks as investors move some money back into the safe-haven investment while stocks waver on Wall Street. Oil and grain prices are also up slightly.
Gold prices inch higher as worries about banks send investors in search of safetyApril 22nd, 2009 Gold prices inch higher on bank fearsNEW YORK — Gold prices closed slightly higher Wednesday, as worries about banks sent investors in search of safety. Also giving gold a boost was some weakness in the dollar against the euro.
Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.