Precious Metals
Updated 07:18:03 UST, 19 Jun 2013
Gold, Silver drifts lower, gold market 'has seen paradigm shift in investor attitudes' since April
LONDON (Scrap Monster) : Gold drifted to a one-week low below $1380 an ounce Tuesday morning, as silver dipped below $21.80 an ounce, with stocks and commodities broadly flat on the day ahead of tomorrow's US Federal Reserve decision, with analysts speculating on whether the Fed will give details of when and how it might slow down its quantitative easing…
Tumbling rupee smacks down India's rough diamond imports
With the rupee sinking to record lows against the greenback, the small and medium diamond merchants in India have stopped taking delivery of rough diamond consignments
North American scrap gold, platinum and silver see sustained downtrend
The daily scrap gold prices –both hallmarked and non- hallmarked continued their downtrend Tuesday, 18th June
India eases ban on gold exports through SEZs ; jewellery exporters to benefit
The Indian government has eased the ban on gold exports through Special economic zones (SEZs) by allowing units in the zones to export the commodity after value addition
Dip in gold imports may knock down India's June trade gap by 25%
Research report published by Standard Chartered Bank forecasts a significant drop in India’s June trade deficit number, mainly on account of the narrowing gold imports
FOMC 'the big driver for precious metals this week', Wall Street betting against silver price
The US dollar gold price drifted back below $1390 an ounce Monday morning in London, but remained well within its trading range of the last few weeks
India stands 11th in WGC's world official gold holdings list
The World Gold Council (WGC) has published May 2013 edition of world official gold holdings, based on the International Monetary Fund (IMF)'s International Financial Statistics (IFS)
'Week of nothingness' sees gold, silver bullion flat with 'investors on the sidelines'
Wholesale gold bullion prices continued to hover near $1380 per ounce Friday, while silver traded either side of $21.80 an ounce
India's gems and jewellery exports grew 40% in April
The provisional figures released by the Gem and Jewellery Export Promotion Council, India (GJEPC) indicates that the total exports of gems and jewellery during the month of April this year surged by nearly 40% year-on-year
Gold and Silver 'still in bearish trend', Nikkei enters bear market in 'global risk asset selloff'
Gold prices rose as high as $1394 an ounce during Wednesday's Asian trading, before easing back by lunchtime in London, as European stock markets also fell, following selloffs in the US and Asia
Gold's upward flight likely to be stalled by stronger Indian rupee
Research report indicate that gold in India are likely to move in tandem with the global trend generally, but any emerging strength in Indian rupee can limit the upside in prices
'Tug of war' sees gold price hovering, 'blame Bernanke' for recent market volatility
Gold hovered just below $1380 an ounce Wednesday morning in London, with silver trading around $21.80, after the metals failed to break through $1380 and $22 respectively
Gold falls to 3-week low with 'talk of slowing QE' weighing on markets
Spot gold fell to three week lows below $1370 an ounce Tuesday, as stocks and commodities also fell amid ongoing speculation over when the US Federal Reserve might begin reducing the size of its quantitative easing program
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More on Precious Metals
Shares of Indian gold jewellery houses take a hit at bourses
Gold imports under clutches, no more curbs necessary : Indian Economic Affairs Secretary
India's annual gold imports must be restricted to 700 tonnes : ASSOCHAM
Precious metals bounce, but rally seen 'over' as US Fed tapering talk hits emerging markets
Gold's correction is not over!
WGC expresses concern over India's decision to hike gold import duty
Gold & Silver whipped by non-farms data, drop through $1400 and $22.40 respectively
Gold duty hike likely to inflate Indian domestic gold prices
India's latest moves may foster 'unauthorized channels', European interest rates stay on hold
India's gold bullion move 'rightly shrugged off' but trading range remains tight
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North American Scrap Prices
Scrap Name
Price
High/Low
- Al/Cu Radiators
- 1.64
- +0.02
- #1 Copper Bare Br..
- 3.20
- +0.06
- Yellow Brass
- 2.17
- 0
- Scrap Electric Mo..
- 0.39
- 0
- Old Sheet
- 0.70
- -0.01
- 6063 Extrusions
- 0.81
- 0
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