Mumbai: India’s gold demand has slumped to its lowest in 13 years due to various measures announced by the government to discourage purchases. GFMS, a
Mumbai: The World Gold Council (WGC) yesterday launched the report titled ‘India’s Gold Market: evolution and innovation’. This report explains the entire supply chain for
Mumbai: India’s gold imports for 2016 are estimated to be 492 tonnes in volume terms or about US$ 16-17 billion in value terms, according to
Mumbai: With the government giving a push to digital transactions following demonetisation and discouraging the purchase of assets using cash, some trends expected to change
New Delhi: The Government of India is likely to lower existing import duty on gold from 10% to 6%, reports CNBC-TV18 quoting agencies. This even
Mumbai: The global gold bar and coin market has boomed in the past 10 years. In 2006 global demand was 430t; by 2015 it had
Mumbai: India’s gold import in November was the highest in this calendar year, due to a sharp increase in demand from bullion dealers and stockists.
Mumbai: Non-resident Indians (NRIs)who usually buy gold in India during their visits and stash the yellow metal away in lockers have become cautious after the
Mumbai: Global gold demand reached 993 tonnes (t) in the third quarter of 2016, a fall of 10% compared to the same period last year,
New Delhi: India’s Director General of Foreign Trade (DGFT) has tightened norms for export houses to import gold in their capacities as nominated agencies. The
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