Recent Bullion News

Gold Posts Longest Rally in Two Months on Haven Buying

Gold capped the longest rally since August as weaker global economies and slumping U.S. equities revived demand for the metal as a haven asset.


Platinum Falls Below Gold for First Time Since April 2013

Platinum dropped to the lowest in more than a week in London, falling below the price of gold for the first time since April 2013, on concern that slowing economic growth will curb demand.


Bullion Price Movement

Spot Prices as of close of trading in New York

Friday, October 17, 2014


Flight to safety keeps gold near one-month high

SINGAPORE, Oct 16 (Reuters) - Gold retained sharp overnight gains on Thursday to trade near its highest in over a month as investors sought safety amid increasing concerns over a slump in the global economy.

Gold Imports by India Seen Rising More Than Fourfold Last Month

Gold imports by India, the largest user after China, probably surged more than fourfold last month on expectations declining prices would boost festival demand.