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Friday 13 February 2015

Gold looking in stable side in 2014


Gold saw adjustment in 2014. The yellow metal pulled back from the extremes of 2013 and ventures on to a year of stablishment in 2014, according to a report by World Gold Council(WGC).

Yearly gold interest was 3,924 tons (t), 4% lower than 2013. The year finished unequivocally, with gold request in Q4 2014 up 6% year on year to 987t, determined by interest for adornments and national bank purchasing.

"2014 was a year of adjustment and advancement in the gold business sector, with yearly gold request around only 4% after the record-softening level of purchasing seen up 2013.

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2 comments:

  1. Silver March and Silver Mini February futures have spurted a per cent each at Rs 37,575 and Rs 37,582, respectively.
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  2. EpicResearch Commodity Stock tips for the day is to BUY SILVER ABOVE 36730 TGT 36830,36960,37130 SL BELOW 36550.

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