gold premiums

Gold demand slows as China eyes equities; lack of weddings in India weighs

Gold buying was slow this week in Asia even as global benchmark prices dropped from a three-month high, with the Chinese hooked on surging equities while demand in India stayed weak and was unlikely to pick up as the wedding season cools.

May 22, 2015, 17:57 PM IST

China imports more gold for holiday; Indian demand set to climb

Top bullion consumer China has been importing more gold in September than in the previous month due to demand from retailers stocking up for the upcoming National Day holiday, market sources said.

Sep 26, 2014, 13:17 PM IST

Gold imports seen up, premiums likely to double on festive buying

India`s monthly gold imports are set to rise by as much 50 percent from current levels while premiums could almost double as the country gears up for a surge in demand ahead of the year-end festivities and wedding season, industry sources said.

Sep 18, 2014, 13:36 PM IST

Gold premiums fall to 4-month low on higher supplies

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.

Jun 18, 2014, 12:50 PM IST

Gold premiums in India halve on hopes of easier import rules

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

May 30, 2014, 15:38 PM IST

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

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

May 10, 2014, 10:00 AM IST

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

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.

Feb 11, 2014, 17:11 PM IST

Gold premiums fall on speculation about easing import curbs

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.

Jan 24, 2014, 16:44 PM IST

Gold-hungry traders tap Indians living abroad

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

Dec 24, 2013, 23:41 PM IST

Gold premiums steady due to scarce stocks

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

Nov 22, 2013, 17:28 PM IST

Gold traders struggle for supplies despite record premiums

Gold traders in India, the world's biggest buyer of the metal, struggled to find supplies amid low demand ahead of Dhanteras, the biggest gold buying festival, even as premiums stayed at record highs.

Oct 30, 2013, 18:41 PM IST

Gold premiums steady at record high

Gold premiums in India, the world`s biggest buyer of the metal, stayed at a record high of USD 120 an ounce as supplies fell short of demand in the peak festival period.

Oct 24, 2013, 18:43 PM IST

India gold premiums ease on import hopes

In India, premiums eased to USD 5-USD 7 an ounce from USD 40 earlier in the month as traders expected fresh supplies to come into the market.

Sep 27, 2013, 14:40 PM IST