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India needs to rationalise gold import duty: Trade secretary

Last Updated: Wednesday, June 11, 2014, 13:03

India needs to "rationalise" duty on gold imports, which plunged 72 percent in May, Trade Secretary Rajeev Kher told reporters on Wednesday.

Shrouding China''s gold trade, more imports go under radar

Last Updated: Wednesday, June 11, 2014, 11:39

Banks have started trial gold imports directly into the Shanghai free trade zone ahead of the launch of a gold exchange there, threatening to further obscure the level of buying by the world`s top consumer.

Gold demand in India to rise in H2 as import curbs likely to be eased - WGC

Last Updated: Tuesday, May 20, 2014, 11:40

India`s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country`s new government, top officials at the World Gold Council (WGC) said on Tuesday.

Gold import curbs to stay despite easing trade gap

Last Updated: Tuesday, December 17, 2013, 09:40

India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch.

Gold gains as Europe debt concerns spur investment

Last Updated: Monday, January 16, 2012, 22:55

Gold Monday gained as concern about Europe's debt crisis spurred demand for the metal as a protection of wealth.

Traders recoil from gold-buying as rupee weakens

Last Updated: Monday, December 12, 2011, 14:28

Physical traders of gold in India, the world's biggest buyer, refrained from placing fresh wedding season orders as a weaker rupee curbed the price fall, dealers said.

Gold gain as Europe debt woes spur investor demand

Last Updated: Friday, November 18, 2011, 21:27

Gold on Friday gained for the first time in three days as concern about Europe's debt crisis spurs demand for the metal as a protection of wealth.