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'Gold premiums to stay low in 2014 due to weak demand'

'Gold premiums to stay low in 2014 due to weak demand'

Last Updated: Thursday, August 21, 2014, 16:15

Indian gold premiums will average USD 3-USD 4 an ounce over London prices this year, roughly half what they were last year, because of continuing restrictions on imports that will soften demand, the head of the country`s biggest gold refiner said on Thursday.

Gold premiums fall to 4-month low on higher supplies

Last Updated: Wednesday, June 18, 2014, 12:50

Gold premiums fell to 25-30 an ounce on London prices, a level last seen in February, from USD 60 charged earlier in June. Premiums hit a record of USD 160 an ounce in December last year.

Gold premiums in India halve on hopes of easier import rules

Last Updated: Friday, May 30, 2014, 15:38

Indian premiums fell to USD 30-USD 40 an ounce over the global benchmark, from USD 80-USD 90 last week.

Gold premiums in India slip on easing demand but still near $100

Last Updated: Saturday, May 10, 2014, 10:00

Premiums slipped to USD 100 an ounce over the global benchmark, from last week`s USD 120-USD 130 an ounce, according to dealers.

Indian gold premiums fall to 5-month low ahead of elections

Last Updated: Friday, March 07, 2014, 19:43

Premiums to London prices fell to USD 60 an ounce, a level last seen in early October, compared with USD 80 on Thursday.

Gold smuggling rises in 2013-14, no plans to cut duty: Govt

Last Updated: Tuesday, February 11, 2014, 17:11

Government on Tuesday said there has been a rise in cases of gold smuggling due to increase in customs duty rate, but ruled out any immediate change in the duty structure of the precious metal.

China's gold demand strong after holiday; Indian premiums fall

Last Updated: Friday, February 07, 2014, 15:10

Gold premiums in India, the second biggest gold consumer, fell to USD 70-75 an ounce, compared to USD 80 last week, on higher availability of imported finished jewellery and smuggled goods.

Gold premiums fall on speculation about easing import curbs

Last Updated: Friday, January 24, 2014, 16:44

Gold premiums in India, the second-biggest buyer of the metal after China, fell more than 30 percent on Friday from earlier this week on speculation about easing of restrictions on bullion imports.

Gold price rises to one-week high, premiums ease

Last Updated: Monday, January 13, 2014, 16:38

Gold futures in India rose to their highest level in a week, in line with overseas markets, though a stronger rupee kept the upside limited and premiums eased a tad in the physical market ahead of a harvest festival.

Gold-hungry traders tap Indians living abroad

Last Updated: Tuesday, December 24, 2013, 23:41

Gold premiums in India rose to a record USD 160 per ounce on London prices earlier in December.

Indian gold premiums hit another peak on scarce supplies

Last Updated: Thursday, December 05, 2013, 16:35

Indian gold premiums hit another record on Thursday, driven by lower supplies to meet firm demand for weddings, which will continue till May.

Gold premiums steady due to scarce stocks

Last Updated: Friday, November 22, 2013, 17:28

Gold premiums in India steadied on Friday on scarcity of stocks or domestic consumption despite muted demand, amid steady prices in the domestic market.