Back to homepage

Tag "gold imports"

India’s August Gold Imports Doubles To Hit 8-Month Peak – Government Source

India’s August Gold Imports Doubles To Hit 8-Month Peak – Government Source 0

🕔11:53, 3.Sep 2020

The world’s second-biggest consumer of the precious metal imported around 60 tonnes of gold in August, up from 32.1 tonnes a year ago India’s gold imports in August nearly doubled from a year ago to the highest level in eight

Read Full Article
India’s gold demand to plunge by almost half in FY21: UBS Securities India

India’s gold demand to plunge by almost half in FY21: UBS Securities India 0

🕔13:02, 27.Aug 2020

India’s gold demand (for jewellery and retail investment) will weaken to 350-400 tonnes in FY21 compared to an average demand of 700 tonnes since 2016, due to the country facing its worst-ever recession this year, according to a report by

Read Full Article
Gold imports dip 81% in Apr-Jul to $2.47 bn

Gold imports dip 81% in Apr-Jul to $2.47 bn 0

🕔12:32, 18.Aug 2020

Imports of the yellow metal stood at $13.16 billion (about Rs 91,440 crore) in the corresponding period of 2019-20. New Delhi: India’s gold imports, which have a bearing on the current account deficit (CAD), plunged 81.22 per cent to $2.47 billion

Read Full Article
Gold prices jump Rs 48,948 per 10 gram, silver drops to Rs 51,740 per kg

Gold prices jump Rs 48,948 per 10 gram, silver drops to Rs 51,740 per kg 0

🕔14:10, 20.Jul 2020

Gold prices on Monday jumped to Rs 48,948 from Rs 48,888 per 10 gram, while silver prices edged marginally lower to trade at Rs 51,740 from Rs 51,745 per kg, acording to India Bullion and Jewellers Association. Gold jewellery prices

Read Full Article
Closed jewellery shops amid lockdown pull brakes on gold imports; India imports 99% less gold in May

Closed jewellery shops amid lockdown pull brakes on gold imports; India imports 99% less gold in May 0 Updated

🕔23:58, 4.Jun 2020

A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month of May. The gold imports in the month have fallen by 99 per cent

Read Full Article
Gold imports dip for fifth consecutive month in April, fall by almost 100%

Gold imports dip for fifth consecutive month in April, fall by almost 100% 0

🕔12:12, 25.May 2020

The import of the yellow metal stood at USD 3.97 billion in April 2019, according to the commerce ministry’s data. India’s gold imports contracted for the fifth consecutive month in a row, falling by about 100 per cent to USD

Read Full Article
Congested jewellery shops may keep people away from buying gold, silver even after lockdown ends

Congested jewellery shops may keep people away from buying gold, silver even after lockdown ends 0

🕔12:22, 23.Apr 2020

It is unfortunate that the impact of the current lockdown on the gold jewelry industry is extremely stressful. In fact, once the lockdown is lifted this is one industry that will find getting back to normalcy tougher than other sectors.

Read Full Article
Four-flanked pressure for gold jewellery retailers

Four-flanked pressure for gold jewellery retailers 0

🕔14:57, 21.Apr 2020

Gold jewellery retail is a shimmering business in ways more than one. But a warren of risks that have built up of late – such as higher import duty, elevated gold prices, sluggish demand, and tighter lending – is set to dull some of

Read Full Article
Govt to come out with sovereign gold bonds starting 20 April at 2.5% interest: All you need to know about scheme

Govt to come out with sovereign gold bonds starting 20 April at 2.5% interest: All you need to know about scheme 0 Updated

🕔18:17, 14.Apr 2020

The government will issue sovereign gold bonds beginning 20 April offering an annual interest rate of 2.50 percent to domestic investors, the Reserve Bank of India said on Monday. Sovereign Gold Bond 2020-21 will be issued by Reserve Bank India on

Read Full Article

Subscribe to Our Mailing List



Advertisement