Indian festive demand for gold sluggish, discounts widen

Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong. Though sales......

5 reasons why gold prices will fall even further

Weak fundamentals like stronger US dollar and decline in investment demand will push gold prices even further to Rs 20,500 for 10 grams by March next year. Likewise, prices in the......

Gold slides to 2-year low on weak global cues, down Rs 300

Gold prices plummeted by Rs 300 to trade at over two-year low of Rs 25,700 per 10 grams at the bullion market on Monday, tracking a weak global trend amid slump in demand from jewellers and......

Gold dives to 5-year low in sharp selloff on strong dollar

Gold plunged 4 per cent to its lowest in more than five years on Monday with platinum also sinking 5 per cent to its weakest since 2009 as investors sold the precious metals on the outlook for the......

Chirpy Missy swims to record 6th gold; US medley team disqualified

The final day of the world swimming championships belonged to Missy Franklin as the American teenager became the first woman to win six golds at a single edition thanks to the U.S. triumph in the......

Improving Asia looks to Paradorn

After every round that Asia number one Paradorn Srichaphan of Thailand played at last week's Chennai Open, he was cheered off court like a home-grown hero.Fans lustily responded to his post-match......

Sports Shorts: Unseeded Zhu upsets Kvitova in Tianjin opener

A summary of sports events and sports persons, who made news on Wednesday IMAGE: China's Lin Zhu returns a shot against Ukraine's Elina Svitolina. Photograph: Emmanuel Wong/Getty Images China's......

Sports Shorts: Frenchman Champagne to fight Blatter for FIFA president post

Jerome Champagne speaks during a news conference. Photograph: Suzanne Plunkett/Reuters Former FIFA official Jerome Champagne formally announced on Monday that he will stand against incumbent Sepp......

Sports Shorts: Olympic champ Phelps suspended for six months

Michael Phelps of the United States. Photograph: Sean Kilpatrick / AP Photo / The Canadian Press/File photo American swimmer Michael Phelps, the most decorated Olympian of all time, was suspended......