Entries Tagged ‘India’

India’s gold imports slumped in Nov, Dec

Gold imports by India plunged 55% in December 2011 and 75% in November 2011; traders say reduced purchases by consumers during Q1 2012 could further weaken gold prices. Originally from Mineweb – Daily news headlines

Selling pressure pushes gold prices down in India

Gold prices in India have been sliding all week, falling below the crucial $531.66 per 10 grams level for the first time in six weeks in New Delhi on Friday. Originally from Mineweb – Daily news headlines

India’s Rajesh Exports eyes more gold imports in 2012

The company plans to increase its gold imports 17% next year to power its renewed thrust in the competitive and fragmented local jewellery market. Originally from Mineweb – Daily news headlines

India considering freeing gold doré imports

Taking a call on the many representations that the commerce ministry has received, India could soon free gold doré imports, bringing down jewellery prices. Originally from Mineweb – Daily news headlines

Gold bar sales outstripping jewellery in India

Retail demand for kilo and 100 gram gold bars is not just limited to India rich anymore, as savvy investors buy gold bars on dips and sell them for a profit. Originally from Mineweb – Daily news headlines

Gold ETF assets in India soar

Total assets under management of gold ETFs jumped to Rs 90.90 billion at the end of October from Rs 30.97 billion a year ago. Originally from Mineweb – Daily news headlines

India urged to buy more gold as reserve value soars

The findings of a working paper by India’s central bank advise the Indian government to buy more gold to bolster the government’s kitty. Originally from Mineweb – Daily news headlines

Gold in India’s coffers makes government richer

The findings of a working paper by India’s central bank advise the Indian government to buy more gold to bolster the government’s kitty. Originally from Mineweb – Daily news headlines

Gold soars to a new high in India as wedding season gets underway

With India witnessing thousands of weddings this marriage season, gold jewellery sales are set to go up in India, with the precious metal entering its strongest time of the year. Originally from Mineweb – Daily news headlines

Gold mining rush in India as high prices see resurrection of old mines

Though India’s exploration and mining development continue to lag behind other nations, the high gold price points to a revival in gold exploration and mining, even as Hutti’s Chitradurga mine opens its doors after six years. Originally from Mineweb – Daily news headlines

Gold mining rush in India as high prices see resurrection of old mines

Though India’s exploration and mining development continue to lag behind other nations, the high gold price points to a revival in gold exploration and mining, even as Hutti’s Chitradurga mine opens its doors after six years. Originally from Mineweb – Daily news headlines

Tata unveils $4.6m gold-plated wonder car in India

India’s Tata group set a new gold standard for cars to help showcase 5,000 years of Indian jewellery-making and India’s craze for gold with a fully functional gold-plated Nano Originally from Mineweb – Daily news headlines