Ketan Shroff

• 'Gold Correction Awaited' in India

  By Ben Traynor  |  January 9, 2013

  The spot gold price hovered above $1,660 per ounce Wednesday morning in London, slightly up on the week so far, before dropping through that level ahead of US trading. Gold buying in India meantime slowed Wednesday, dealers report.

• Motions of No Confidence in Precious Metals

  By Jon Nadler  |  December 4, 2012

  Gold prices broke to under the pivotal $1,700 mark overnight, and did so despite a slightly weaker US dollar, despite a firmer euro, but alongside almost 1% weaker crude oil values. The decline was partially attributed to an overall slide in commodities.

• Bullion 'Shot in the Arm' after First Half 'Breather'

  By Ben Traynor  |  June 29, 2012

  Spot market gold prices hit $1,584 an ounce ahead of Friday's US trading – a 2.3% rise from the previous day's low – while stocks, commodities and the euro also rallied following news of an "important" agreement at the European Union summit in Brussels.

• Gold Back Above $1600 as Italy 'May Also Need Rescuing'

  By Ben Traynor  |  June 12, 2012

  Bullion prices on the wholesale gold market rose back above $1,600 an ounce shortly before Tuesday's US trading, after failing to breach that level in the earlier Asian session, while European stock markets also ticked higher after a quiet morning's trading.

• ‘Counterattack by Bulls’ Sets Up Gold for Weekly Gain

  By Ben Traynor  |  May 18, 2012

  Wholesale market gold prices climbed as high as $1,594 an ounce during Friday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.

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  Asia Focuses on Gold’s Value and Buys Dip

  By Mark O'Byrne  |  March 8, 2012

  Gold is gaining ahead of the Greek government’s debt acceptance deadline and European interest rate decisions later today. Market participants expect that central banks will continue to maintain ultra-loose monetary policies to promote growth.

• Metals Correction Possible Amid Value Store Call

  By Mark O'Byrne  |  April 26, 2011

  Silver and gold are lower today after the record nominal highs seen yesterday - gold marginally and silver significantly. Gold reached $1,518.30 per troy ounce, a nominal record, while silver climbed to $49.79 per ounce.

• Silver Demand Surging in India

  By Mark O'Byrne  |  January 10, 2011

  Gold should be well supported at the 100 day moving average and some analysts are saying that last Friday's sell off may mark the low for the year.