Gold demand surge not sustainable

THE ECONOMIC TIMES Tue, May 14, 2013 | 05:11 PM IST

UK launches first 'super-priority' visa service only for Indians The first-of-of-its-kind service to be launched anywhere in the world by the UK Home Office is open for appointment bookings in India from today. Nokia Lumia 925 takes on rivals with metal-body The Nokia Lumia 925 has a 4.5-inch AMOLED display and uses 1.5 GHz dual-core Snapdragon processor.

Story of The Day Gold demand surge not sustainable, say analysts "We expect gold demand to moderate in coming months on the back of lower prices and frontloaded demand," a note from brokerage of Barclays said. read more

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Market Watch 14 May | 05:11PM SENSEX 19722.29↑30.62 NIFTY 5995.40↑14.95 USD/INR 54.68↓-0.14 GOLD (Rs/10g.) 26758.00↓-96.00

Latest Updates DLF's $345 mn share sale fully covered A $345 million share sale in the country's biggest real estate company by market value, DLF Ltd, was fully covered on Tuesday, BSE data said. Gold zooms by Rs 380 on wedding season demand Gold prices today surged by Rs 380 to Rs 27,900 per 10 grams here on brisk buying by stockists to meet the ongoing wedding season demand. Economy to see turnaround this fiscal: Montek "We have had not a good year, (which was) better year for many other countries. I think we are going to have much better year (2013-14)," Montek said. FM meets bankers, industrialists in Bangalore The meeting was part of a series of sessions aimed at finding ways to accelerate growth in Asia's third-largest economy. BlackBerry CEO may announce lower-priced phone The CEO will deliver a keynote speech amid speculation that he'll introduce a lower-priced version of the BlackBerry. EU welcomes Visa card move to cut fees The Commission will canvass market opinion on the proposals and "may then decide to make them legally binding on Visa Europe."

Gainers Losers 14 May, 2013, 05:11PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Satra Properties (India) Ltd. 5.40 20.00 102 5.40 4.10 Comfort Commotrade Ltd. 35.40 20.00 8000 35.40 34.30 Vikas WSP Ltd. 29.00 19.83 709297 29.00 27.00 Networth Stock Broking Ltd. 14.00 19.15 711 14.00 14.00 Emmsons International Ltd. 67.50 19.05 5 67.50 67.50