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Gold still showing no sign of losing its sheen in India

Last Updated: Sunday, December 22, 2013, 21:03

Steady demand, despite import restrictions, saw gold prices swaying between Rs.26,440 per 10 grams in April to Rs.34,600 per 10 grams in August.

Gold price to lose more gloss in 2014: GFMS

Last Updated: Thursday, September 12, 2013, 09:04

The consultancy expects gold prices to average USD 1,350 next year, down 7 percent from USD 1,446 in 2013, with support seen between USD 1,200 and USD 1,250.

FM rules out gold import ban; urges people to moderate demand

Last Updated: Tuesday, July 16, 2013, 13:57

Ruling out complete ban on gold import, Finance Minister P Chidambaram on Tuesday appealed to the people to moderate their demand for the precious metal which is costing the nation USD 50 billion in foreign exchange.

High duty failed to curb Indian gold imports

Last Updated: Tuesday, July 16, 2013, 12:15

The higher gold and oil imports were also responsible for a record high current account deficit (CAD) figure in 2012-13.

India's gold imports down 5.7% in Q1 2013; demand up 27%: WGC

Last Updated: Thursday, May 16, 2013, 11:59

India's gold imports dropped by 5.7 percent to 215 tonnes in the January-March period of 2013, even as its demand rose by 27 percent to 256.5 tonnes, World Gold Council (WGC) said on Thursday.

Gold demand may come down with decline in inflation: Rangarajan

Last Updated: Wednesday, May 15, 2013, 14:27

Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said on Wednesday.

Gold falls by Rs 75 to Rs 30,725 per 10 gm

Last Updated: Thursday, February 14, 2013, 16:10

Gold fell by Rs 75 to Rs 30,725 per ten grams in the national capital Thursday on stockists' selling, in line with a weak global trend.

Make equity market more attractive to wean away gold demand: Kotak

Last Updated: Monday, January 28, 2013, 10:25

Kotak said that all other steps including imposition of higher duty can continue but it is very important to give an attractive alternative to Indian savers to drive them away from idle asset like gold.

'Gold investment speculative, not inflation-hedge'

Last Updated: Friday, January 18, 2013, 18:10

Discounting the argument that gold is a hedge against inflation, Chakrabarty wondered how a hedge instrument can offer as high as 37 percent return year after year.

Gold regains all-time high of Rs 29,540/ 10 gms

Last Updated: Saturday, April 28, 2012, 15:38

Gold prices spurted by Rs 100 to regain the all-time high level of Rs 29,540 per 10 grams in the bullion market here, Saturday on strong demand triggered by the ongoing wedding season amid firm global cues.

Gold regains all-time high of Rs 29,540/ 10 gms

Last Updated: Saturday, April 28, 2012, 15:38

Gold prices spurted by Rs 100 to regain the all-time high level of Rs 29,540 per 10 grams in the bullion market here, Saturday on strong demand triggered by the ongoing wedding season amid firm global cues.

India, China jewellery demand driving up gold prices

Last Updated: Sunday, July 17, 2011, 15:16

Increased use of gold in making jewellery in growing markets such as India and China has pushed up the yellow metal's prices, according to a study by Dubai Chamber of Commerce and Industry study based on the Dubai Multi-Commodities Centre (DMCC).