Class ring makers join boycott of gold from proposed Alaska mine, citing threat to salmonSeptember 30th, 2009 Class ring makers join boycott against Alaska mineANCHORAGE, Alaska — The growing list of jewelers vowing to boycott gold from a proposed Alaska mine now includes major manufacturers of class rings. Herff Jones and Commemorative Brands Inc., both of which make class rings, have joined the list of jewelers opposed to the proposed Pebble Mine in southwest Alaska.
Gold prices may touch Rs.18,000 per 10 gram: AssochamSeptember 13th, 2009 NEW DELHI - Gold prices may go up further during the forthcoming festive season to touch Rs.18,000 per 10 gram, according to the Associated Chambers of Commerce and Industry of India(Assocham). Gold has seen a huge build-up in the exchange traded funds (ETF) in the last few weeks and will gain further momentum in view of festive demand and low international production, Assocham said in a report.
Meltdown 101: How did gold get to be $1,000 an ounce, and why does it matter?September 8th, 2009 Meltdown 101: Why does $1,000/ounce gold matter?NEW YORK — Gold prices rose above $1,000 an ounce Tuesday for the first time in seven months, mostly because of a weak dollar that's driving people to other investments they perceive as safe. How is the increase in price — which has accelerated in recent weeks — likely to affect jewelry shoppers? What about people who invest in gold, or the economy as a whole?
Here are some questions and answers about the high price of gold.
Kerala Tourism wins international, national awardsAugust 3rd, 2009 THIRUVANANTHAPURAM - Kerala Tourism has been awarded the 2009 Pacific Asia Travel Association (PATA) Gold Award in the marketing destination category and has been selected as "best in class" from amongst 236 entries worldwide. The award ceremony will take place Sep 25 during the PATA Travel Mart 2009 in Hangzhou, China, according to a Kerala Tourism release issued here Monday.
Gold prices drop 2 percent as dollar gains ground against other currenciesJune 3rd, 2009 Gold prices fall sharply as dollar reboundsNEW YORK — Gold prices have fallen sharply as the dollar rebounds against the euro and the British pound. The dollar's gains come ahead of Thursday's interest rate decisions from the European Central Bank and the Bank of England.
Gold prices little changed as rally on Wall Street dampens investment demandMay 9th, 2009 Gold prices hold steady as Wall Street ralliesNEW YORK — Gold prices are holding steady as a rally in stocks keeps demand for the safe-haven asset in check. Other commodities, like oil and grains, are surging on the day's upbeat economic data.
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 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 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.
Kerala targets tourists from Sweden, RussiaMarch 26th, 2009 THIRUVANANTHAPURAM - Kerala is targeting Russian and Swedish tourists to beat the downturn feared this year, the government said Thursday. According to a press release issued here by the state tourism department, the state's tourism department participated at the Moscow International Travel and Tourism (MITT) exhibition from March 18-21 - and showcased Kerala's beaches, backwaters and houseboats - key attractions for tourists.
Gold loses glitter to diamondMarch 19th, 2009 CHENNAI - Gold has lost much of its glitter to diamond. Though considered auspicious for a family, gold prices have shot through the roof.
Uttar Pradesh post offices to also sell gold coinsMarch 7th, 2009 LUCKNOW - After Gujarat, Tamil Nadu, Maharashtra and Delhi, now it is the turn of post offices in Uttar Pradesh to sell gold coins, an official said Friday. As many as 102 post offices in the state will start selling gold coins March 9, a day before Holi, Sachin Kishore, director of postal services told IANS here.
Gold futures hover around record highMarch 3rd, 2009 MUMBAI - Gold was hovering around Rs.16,040 per 10 grams in intra-day trade Monday, an all-time trading price high, with consumers avoiding buying new gold and preferring to exchange old gold for new. Around 1:40 p.m., gold's April futures prices touched a high of Rs.15,968 per 10 grams at the Multi Commodity Exchange as the rupee continued to reign at over Rs.50 to the dollar.
Gold price reaches record highFebruary 16th, 2009 MUMBAI - Gold prices Tuesday zoomed Rs.360 to a record high of Rs.15,200 per ten grams in Indian bullion market on strong global cues and support from a weak rupee. The yellow metal continued its bull run at international markets also as investors kept buying gold amid worsening global economic outlook.