Bullion

Silver Bullion News

  • Silver, Gold rise Tuesday, November 18, 2008 @ 5:38AMMumbai, Nov 17 : Both the precious metals today improved further, as silver rose by Rupees 40 per kg and gold by nominal Rupees 10 per ten gm, from the previous close, on improved demand by ornament makers, traders at the Bombay Bullion Association said.
  • Commodity futures trade rises 43% Monday, November 17, 2008 @ 8:27PMCommodity futures trade rose 43.09% to Rs 29.87 lakh crore during the first seven months of financial year 2008-09, aided mainly by a surge in bullion trade, official data showed.
  • Mixed trend in opening session Monday, November 17, 2008 @ 10:37AMMumbai, Nov 17 : A mixed trend was seen in the precious metals in the opening session today.
  • Gold, grains advance on midday stock market rally Friday, November 14, 2008 @ 11:50PMPrecious metals and agriculture futures advanced Friday, getting a boost from a short-lived afternoon rally on Wall Street and the potential for an additional interest rate cut. Energy prices, meanwhile, slumped due to ongoing concerns over demand....
  • Gold, grains advance on midday stock market rally Friday, November 14, 2008 @ 11:10PMPrecious metals and agriculture futures advanced Friday, getting a boost from a short-lived afternoon rally on Wall Street and the potential for an additional interest rate cut.
  • Gold dips in line with oil Wednesday, November 12, 2008 @ 11:58AMPlatinum climbs 3 per cent after losses but quickly sheds gains
  • Gold dips in line with oil Wednesday, November 12, 2008 @ 11:51AMLONDON — Gold dipped a touch in Europe on Wednesday as easing oil and industrial metals prices weighed on prices, but a softer U.S. dollar limited losses.
  • Gold recovers in opening session Wednesday, November 12, 2008 @ 8:49AMMumbai, Nov 12 : Gold recovered by Rs 50 per ten gm to Rs 11,800 per ten gm in the opening session today on improved demand from ornament makers, traders in the Bombay Bullion Association said.
  • Gold Gains for Third Day in Four as Price Drop Lures Buyers Wednesday, November 12, 2008 @ 6:33AMNov. 12 (Bloomberg) -- Gold rose for the third time in four days as physical buying increased after the metal declined yesterday amid a drop in global equities and crude oil.
  • Precious metals dip Wednesday, November 12, 2008 @ 4:53AMMumbai, Nov 11 : The precious metals declined today in the closing session with Silver sliding by Rs 175 per kg and Gold fell by a nominal Rs 35 per ten gm from their last close on sustained heavy selling pressure by jewellery makers, traders at the Bombay Bullion Association said.
  • Precious metals end weak Wednesday, November 12, 2008 @ 4:50AMMumbai, Nov 11 : Both the precious metals ended weak today with Silver softening by Rupees 175 per kg and Gold by Rupees 35 per ten gm on heavy selling pressure by industrial users in view of discouraging global advices, traders at the Bombay Bullion Association said today.
  • November 12, 2008 | 9:33 IST Wednesday, November 12, 2008 @ 4:03AMMounting fears of a deep global recession and its adverse fallout on energy demand took its toll on oil prices, which tumbled to nearly a 20-month low. There is speculation that the International Energy Agency (IEA) will cut its 2009 oil demand forecast because of slowing global economy.
  • Markets fall as earnings, commodities fail to boost confidence Tuesday, November 11, 2008 @ 10:28PMTSX lost 264.80 points on overall weakness headed by metals and materials stocks
  • Gold Drops in London Trade on Interest-Rate Cut Expectations Thursday, November 6, 2008 @ 11:41AMNov. 6 (Bloomberg) -- Gold fell in London on expectations that central banks in Europe will cut interest rates, buoying the dollar and reducing the appeal of the metal as an alternative investment.
  • Gold Trades Little Changed, Slowdown May Hurt Commodity Demand Thursday, November 6, 2008 @ 5:52AMNov. 6 (Bloomberg) -- Gold was little changed after declining 3 percent yesterday on concern that a slumping U.S. economy may erode demand for commodities. Silver fell.
  • Apex Mining investing $64m in Mindanao Thursday, November 6, 2008 @ 3:59AMApex Mining Corp., a listed company owned by Crew Gold Corp. of Canada, plans to spend $64.2 million to expand the capacity of its Maco mine and milling plant in Mindanao.
  • Mixed trend in precious metals Saturday, November 1, 2008 @ 8:47AMMumbai, Nov 1 : A mixed trend was observed in precious metals today, after silver rose by Rs 320 per kg on improved demand while gold fell by Rs 20 per ten gm on lack of fresh demand in the opening session, from their previous close, traders at the Bombay Bullion Association said.
  • Safe Investments When Gold Is Too Volatile Friday, October 31, 2008 @ 5:00AM
  • Investors fled commodities on recession concerns Thursday, October 30, 2008 @ 11:46PMNEW YORK: Investors fled commodities Thursday after the first reading on third-quarter gross domestic product provided an emphatic signal that the economy is indeed in a downturn.
  • Commodities fall on recession concerns Thursday, October 30, 2008 @ 10:52PMInvestors fled commodities Thursday after the first reading on third-quarter gross domestic product provided an emphatic signal that the economy is indeed in a downturn. Gold fell sharply on the news, as did other precious metals and energy and agriculture...
  • Commodities fall on recession concerns Thursday, October 30, 2008 @ 10:24PMBy SARA LEPRO Investors fled commodities Thursday after the first reading on third-quarter gross domestic product provided an emphatic signal that the economy is indeed in a downturn. Gold fell sharply on the news, as did other precious metals and energy and agriculture futures. "In general, a weakening economy should hurt demand for commodities, especially gold, which is a luxury type item," ...
  • Gold gains for day 3 in Asia as dollar falls Thursday, October 30, 2008 @ 7:44PMGold climbed for a third day in Asia as the dollar dropped against the euro, boosting the appeal of the metal as an alternative investment, after the Federal Reserve cut interest rates to match a half-century low.
  • PRECIOUS METALS:NY Gold Rallies On Lower Dlr,Expected Rate Cut Wednesday, October 29, 2008 @ 6:44PMNEW YORK (Dow Jones)--A sharply lower dollar, anticipation of a Federal Reserve rate cut and sentiment that fund selling is easing boosted gold futures Wednesday.
  • (AFX UK Focus) 2008-10-29 12:40 Silver fixes higher, gold climbs in Europe Wednesday, October 29, 2008 @ 12:49PM- * Silver fixes at 938.00 cents, above its previous fix of 909.00 cents.
  • Silver, Gold down Monday, October 27, 2008 @ 1:37PMMumbai, Oct 27: The precious metals today plunged with Silver declining by Rs 215 per kg to close at Rs 17,275 and Gold lost ground by Rs 175 per ten gm to finish at Rs 11,855 on lack of demand by Jewellery makers despite higher global advice, traders at the Bombay Bullion Association said.
  • Gold off lows as dollar slips from highs Monday, October 27, 2008 @ 11:06AMPlatinum slips sharply as firmer dollar adds to demand fears
  • (AFX UK Focus) 2008-10-27 09:28 UPDATE 3-Gold price tumbles in step with equities Monday, October 27, 2008 @ 9:35AMSYDNEY, Oct 27 (Reuters) - Gold returned early gains to lose more than 3 percent on Monday as equity markets plunged, with the latest series of government interventions not enough to stem fears about global recession.
  • Silver, Gold open low Monday, October 27, 2008 @ 8:46AMMumbai, Oct 27 : Precious metals declined today in the opening trade, with silver falling by Rs 130 per kg and gold by Rs 80 per ten gm on sustained heavy selling pressure from industrial users, traders in the Bombay Bullion Association said.
  • Dream Stocks for Mining Investors Wednesday, October 22, 2008 @ 7:46PMMake finding the best mining stocks a reality.
  • Gold Falls to One-Year Low as Dollar Rallies; Silver Declines Wednesday, October 22, 2008 @ 7:04PMOct. 22 (Bloomberg) -- Gold fell to the lowest price in more than a year as the dollar jumped, eroding the appeal of the metal as an alternative investment. Silver also declined.
  • Gold Futures Fall Below $750 as Dollar Rallies; Silver Declines Wednesday, October 22, 2008 @ 4:35PMOct. 22 (Bloomberg) -- Gold fell, dropping below $750 an ounce for the first time in more than a month, as the dollar jumped, eroding the appeal of the metal as an alternative investment. Silver also declined.
  • (AFX UK Focus) 2008-10-22 16:35 Gold slides as dollar strengthens, oil falls Wednesday, October 22, 2008 @ 4:05PM- * Gold falls to $747.20/749.20 an ounce at 1515 GMT against $770.10 in late New York trade on Tuesday.
  • Silver, gold decline Wednesday, October 22, 2008 @ 2:07PMMumbai, Oct 22: The downward march in the precious metals was witnessed for the second day today with Silver easing by Rs 70 per kg and Gold by Rs 370 per ten gm, on sluggish demand from jewellery makers along with weak global cues, traders at the Bombay Bullion Association said.
  • Silver, Gold tumble during the week Sunday, October 19, 2008 @ 5:25AMMumbai, Oct 18: Values of both the precious metals crashed, with silver falling by Rs 985 per kg and gold by Rs 835 per ten gm, on the bullion market during the week.
  • (AFX UK Focus) 2008-10-17 04:46 UPDATE 1-Gold bounces from 1-month low on firm oil, equities Friday, October 17, 2008 @ 4:20AMSINGAPORE, Oct 17 (Reuters) - Gold edged up on Friday, recovering from a 6-percent drop in New York, after oil rose more than $3 and a rebound in equities eased worries of a global recession, at least for now.
  • Gold falls under $800 as traders cash in holdings Friday, October 17, 2008 @ 2:30AMGold prices briefly plunged below $800 an ounce as investors continued to sell off commodities on concerns that the economic slowdown will dramatically reduce demand for energy and raw materials.
  • (AFX UK Focus) 2008-10-14 12:48 Silver fixes higher, gold climbs in Europe Tuesday, October 14, 2008 @ 12:21PM- * Silver fixes at 1,089.00 cents, above its previous fix of 1,061.00 cents.
  • Gold plunges as investors shift focus to surging stocks Tuesday, October 14, 2008 @ 12:03PMLosing nearly Rs 800 in three straight sessions gold prices on Tuesday closed at Rs 13,200 per ten gram falling sharply by Rs 210 on the bullion market here in line with weak global cues and shifting investor focus from funds to the surging bourses.
  • Weak home currency keeps Australian mines churning Tuesday, October 14, 2008 @ 11:27AMBy James Regan
  • Gold dealer sees rush on business Tuesday, October 14, 2008 @ 10:37AMTrade in gold is brisk and people are trying to raise cash or capitalise on the high price of the metal, a Norfolk gold dealer claims.
  • Gold tumbles by Rs 270 in early trade Tuesday, October 14, 2008 @ 9:21AMMumbai, Oct 14 Gold prices tumbled by Rs 270 per 10 grams to Rs 13,075 in the early trade at the bullion market here today on fresh stockists offerings prompted by firm equity markets and weak global advices.
  • Reader Poll Tuesday, October 14, 2008 @ 8:38AMETF Securities said on Monday the amount of metal it holds to back its gold and silver exchange traded commodities rose last week, but the holdings of its platinum and palladium-backed ETCs declined.
  • Gold ends lower Tuesday, October 14, 2008 @ 6:59AMMumbai, Oct 13 (UNI) Gold today ended lower by Rs 75 per ten gm, while Silver slightly recovered by Rs 100 per kg on the bullion market today from its last finish, traders at the Bombay Bullion Association said.
  • World Financial Markets Crumble Like a Cookie Tuesday, October 14, 2008 @ 5:14AMThis was, bar none, the most exciting week of my career to date. I expect the excitement to mount as the world governments try and coordinate some form of action. Gold traded from $924 to $835 on Friday alone.
  • (AFX UK Focus) 2008-10-13 05:55 Thomson Financial Europe AM at a glance share guide: Shares, dollar mixed Monday, October 13, 2008 @ 5:19AMLONDON (Thomson Financial) - US SUMMARY: Shares dip; dollar higher
  • Gold climbs to new high Thursday, October 9, 2008 @ 11:53AMNEW DELHI: Breaking previous records, gold on Wednesday surged to an all-time high of Rs 13,850 per ten grams in the bullion market, as investors scrambled to hedge risks from the equities market.
  • (AFX UK Focus) 2008-10-09 10:52 UPDATE 3-Gold slips as equity rally spurs profit-taking Thursday, October 9, 2008 @ 10:21AMLONDON, Oct 9 (Reuters) - Gold fell more than 2 percent in Europe on Thursday as investors took profits after a rise of almost $20 an ounce on Wednesday, with firmer equities attracting cash back into the stock markets. Spot gold was quoted at $888.70/891.70 at 0851 GMT, down from $906.50 in late New York trade on Wednesday. Earlier it touched a session low of $881.15. "We are seeing some ...
  • Gold slips as equity rally spurs profit-taking Thursday, October 9, 2008 @ 9:42AMBy Jan Harvey
  • Mixed trend in precious metals Sunday, October 5, 2008 @ 10:46PMMumbai, Oct 4 (UNI) A mixed trend was observed in both the precious metals today, with silver easing by Rs 35 per kg to end at Rs 19,485, while gold slightly improving by Rs 5 per ten gm to finish at Rs 12,830, traders at the Bombay Bullion Association said.
  • MINING FINANCE AND INVESTMENT Sunday, October 5, 2008 @ 7:48PMEverything is down; but listed producers of coal, oil, and gold have lost the least in market value; biggest losers include miners of nickel, copper, zinc, platinum and silver.