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MCX gains for fourth day; gold body ponders stake

Shares in Multi Commodity Exchange of India gain nearly 4 percent, heading for a fourth consecutive day of gains, after Bombay Bullion Association said on Wednesday it was considering buying a 5 percent stake in the company.

Gold imports may pick up, touch 725 tonnes in FY'14: GJF

The country's gold import, which is at a "standstill" now, are expected to pick up and may touch 725 tonnes this fiscal, a top industry body has said.

Bombay Bullion Association to host global meet in Oct

The Bombay Bullion Association, the apex body of all bullion and jewellery associations in India, on Tuesday said it would host first-ever India International Bullion Summit (IIBS) here on October 5.

RBI tightens norms for lending against gold jewellery

Seeking to keep demand of gold under check, the Reserve Bank of India has tightened norms for loans against pledge of gold jewellery.

Gold imports may decline to 50 tonnes in Jun, say experts

Gold imports are likely to fall below 50 tonnes this month due to sharp fall in exchange rate of rupee and high global prices of the precious metal, according to market experts.

Gold import may rise to 215 tonnes in March quarter

The country had imported 207 tonnes of gold in the March quarter last year.

Gold to hit high of Rs 32,000 per 10 gms by Diwali: Kothari

Gold is likely to hit a record high of over Rs 32,000 per 10 grams during Diwali due to rising tensions in West Asia, Bombay Bullion Association (BBA) said.

Gold import may drop by 40% in next 4 months: BBA

The import of gold is likely to decline by 40 percent in the last four months of the year to about 200 tonnes due to fall in demand for the yellow metal amid high prices and poor monsoon, Bombay Bullion Association said on Tuesday.

Enough stocks to meet gold demand post stir: Traders

Gold imports are unlikely to rise immediately as the spurt in demand on account of 21-day stir by bullion traders will be met by existing stocks, Bombay Bullion Association on Friday said.