SILVER

Mumbai-based Prithviraj Kothari, Managing Director, RiddhiSiddhi Bullions Limited (RSBL) one of the largest bullion trading companies in India is of the opinion that silver is the next big opportunity for investing after gold, which is found falling short in meeting investors' expectations for steep growth in returns. In an interaction with Rutam Vora of Commodity Online, Kothari shared his views on better investment opportunity available in India and the company's future plans of introducing ne...

At a time, when gold investments have just become sluggish in yielding returns over past few months, silver is now taking the driver's seat to take the bullion traders on a ride. After touching its historical high of over USD 1200 per ounce in late November and early December 2009, gold has remained range-bound between USD 1050 to USD 1150 per ounce, giving a stagnant feeling to the investors, whereas silver has remained more volatile compare to gold during the period. The grey metal has provide...

As the uncertainty on the currency derivatives is looming large and gold investments became less yielding in the time of reduced physical demand from consumers, traders have found an attractive investment instrument from silver for their investors as bullion traders are now mulling to launch silver ETFs in India.

Has the consumer behaviour towards spending money for buying gold and silver changed thanks to the surge in bullion prices in the last few months? Yes, consumer preferences for buying gold and jewellery items have drastifally changed thanks to the bullion price spike, says a study by Exim Bank, a government owned bank in India. According to the study by Exim Bank, increasing domestic demand, along with an anticipated pick-up in exports, is likely to drive growth of Indian jewellery market in the...

Privately held smart grid networking company Silver Spring Networks said on Tuesday it had raised $100 million in its latest round of financing and was in no hurry to test the public markets.

President Barack Obama, battling a public outcry over double-digit U.S. unemployment, on Tuesday will lay out several new steps to boost jobs and confront a challenge that has hurt his popularity.

Canadian silver miner Pan American Silver Corp (PAA.TO) said on Wednesday it plans to acquire exploration company Aquiline Resources Inc (AQI.TO), in a deal valued at C$626 million ($609 million).

Privately held smart grid networking company Silver Spring Networks said on Tuesday that it would buy Greenbox Technology, adding energy-management software to its arsenal.

Paul Karason, the man whose skin turned blue made a second public appearance on the Today show Thursday.

Privately-held smart grid networking company Silver Springs Network is considering launching an initial public offering but will not do so this year, Chief Executive Scott Lang said on Tuesday.

Gold steadied near $990 an ounce on Friday, consolidating a potent two-day rally that took the market to within a whisker of $1,000, with inflation concerns and jitters over stock market gains stoking investor interest.

Gold futures gained in New York on Wednesday following weakness in the U.S. dollar and oil prices reached a new record, boosting the appeal of the precious metal as a hedge against inflation.

Gold futures gained on Tuesday to a 10-week high on speculation that increased tensions over Iran's nuclear program will boost investment demand for the precious metal as a hedge against inflation. Silver also gained while dollar dropped against international counterparts.

Gold futures closed down on Monday after oil prices reclined from earlier records levels while the U.S. dollar gained against the euro, eroding the appeal of the precious metal as an alternative investment.

Gold futures rose above $930 an ounce on Friday to the highest price in a month as crude oil hit a record high and the U.S. dollar continued to weaken, boosting the investment appeal of the precious metal as a hedge against inflation.

Gold futures surged the most in two years as weakness in the U.S. dollar boosted the investment appeal for the precious metal, causing prices to lift nearly 4 percent.

Gold futures gained in electronic trading on Wednesday afternoon in New York, after ending lower at the close of trade when the Federal Reserve announced its decision to keep interest rates steady as inflation concerns rise.

Gold futures rose on Wednesday on speculation that a slumping U.S. economy will prevent the Federal Reserve from lowering interest rates, while soaring oil prices and a weaker dollar boosted the demand for the precious metal.

Gold futures closed with modest gains on Tuesday on speculation a weak dollar and soaring energy cost will boost the demand for the precious metal while another round of weak U.S. data boosted concerns about economic growth.

Gold futures rebounded on Monday and closed with strong gains after the U.S. dollar declined, boosting the investment appeal of the precious metal.

Gold gained on Friday, erasing earlier losses on speculation that higher food and energy prices will spur inflation, while the dollar strengthened against the euro and other major currencies, lowering the investment appeal of the precious metal.