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"Iran"

The case for gold is still strong

With another sell-off in precious metals leaving gold below $1,600, there is of course much talk in the media about the “death of the gold bull market”. But have the fundamentals really changed? Or is this now a chance to buy gold at a more attractive price? The truth is that no recent news supports the case for the end ...

2012-MAY-11 · Chris Marcus

buy gold, China, ECB, gold price, Iran

Rumours about Iranian oil-for-gold programme persist

Despite official denials by the Indian government, rumours are spreading that India and China are planning to use gold to pay for future purchases of Iranian crude oil. According to unconfirmed speculation, the Indian government is planning a swap agreement with Iran which will assure future deliveries of Iranian crude oil to be paid in ...

2012-FEB-01 · Roman Baudzus

debt crisis, gold bullion, India, Iran, oil prices

Gold is money?! Indians to pay for Iranian oil with gold

Markets enjoyed another “risk on” day yesterday, with stock markets and commodities all recording gains on the back of a weakening US dollar. The Dollar Index fell below 80, with the gold price also benefiting from increasing brinkmanship between Iran and western nations, with the European Union announcing the implementation ...

2012-JAN-24 · The GoldMoney News Desk

China, dollar, gold price, India, Iran, silver price

Gold price well supported by Middle Eastern tension

The gold price has enjoyed a good start to the year – rising 3.2% over the course of last week. Silver has had a slightly slower start to 2012; the sooner the white metal reclaims the psychologically important $30 mark the better as far as bulls are concerned. While silver continues to suffer at the hands of market uncertainty and ...

2012-JAN-09 · The GoldMoney News Desk

gold price, Iran, oil prices, Russia, silver price

Gold bulls ravaged by angry bears

Gold and silver bulls endured another tough day yesterday, as silver sunk below the $28 mark, while the gold price fell towards the mid $1,500s. The lack of liquidity in the futures market at the moment has accentuated the selling pressure in these markets, with euro-weakness and US dollar-strength also hurting precious metal prices. ...

2011-DEC-29 · The GoldMoney News Desk

Fed, gold price, Iran, oil prices, silver price

Iranians flee to gold

Following the US and European Union’s decision to tighten sanctions against Iran, the Iranian rial has started depreciating dramatically. Many Iranians fear that the rial will continue to lose value. Last week Iranian television showed images of people camping overnight at the doors of the national banks in order to recover their ...

2011-DEC-27 · Roman Baudzus

buy gold, central banks, dollar, inflation, Iran

Silver price basing before dramatic move higher

As if the world didn’t have enough to worry about already, news of an Iranian mob attacking the British embassy in Tehran has reminded people of the inherent political fragility of the Middle East – rekindling memories of the 1979 takeover of the US embassy in the same city following the Iranian Revolution. Though markets ...

2011-NOV-30 · The GoldMoney News Desk

Iran, Middle East, silver coins, silver price

Price of gold in India over 28,000 rupees

India's gold price is on the rise due to continuing capital flight among domestic investors into safe havens such as gold. The yellow metal exceeded the mark of 28,000 rupees per 10 grams for the first time ever in yesterday´s trading session. Rising volatility in global equity markets has had a negative impact on India's benchmark ...

2011-SEP-06 · Roman Baudzus

dollar, gold price, India, inflation, Iran, USA

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$49.6746/gg $1,545.00/oz
	Silver: Silver Buy Rates	$27.3300/oz
	Platinum: Platinum Buy Rates	$45.4934/pg $1,415.00/oz
	Palladium: Palladium Buy Rates	$19.1213/pd $594.70/oz