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Tag "gold imports"

How to Move on Gold Monetisation

How to Move on Gold Monetisation 0 Updated

🕔10:33, 16.May 2019

India’s dream of gold monetisation appears far-fetched even after three years of its introduction, with a meagre 15 tonnes, a fraction of the 25,000 tonnes of gold estimated to be available with the economic stakeholders of the country. The Gold

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At 52MT, Gold Imports Plunge to an 8-Year Low

At 52MT, Gold Imports Plunge to an 8-Year Low 0

🕔18:13, 2.Apr 2019

Thanks to high gold prices and poor demand, the gold imports in Gujarat have plunged to an eight-year low in the financial year 2018-19 that ended on March 31. According to data by Ahmedabad Air Cargo Complex, the imports of

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India Gold Imports Dip 5.5% During April-Feb to $29.5 Billion

India Gold Imports Dip 5.5% During April-Feb to $29.5 Billion 0 Updated

🕔10:22, 25.Mar 2019

New Delhi: India’s gold imports dipped about 5.5% in value terms to $29.5 billion in April-February 2018-19, which is expected to keep a lid on the current account deficit. Total gold imports in the corresponding period of 2017-18 stood at $31.2

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Silver Demand in India Set for Four Year High

Silver Demand in India Set for Four Year High 0

🕔12:26, 22.Mar 2019

Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd. Purchases are set to rise to about

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Wedding Demand Props up Indian Gold Imports For a Second Month

Wedding Demand Props up Indian Gold Imports For a Second Month 0

🕔10:41, 8.Mar 2019

Gold imports by India climbed in February for a second straight month as retailers increased buying due to jewellery purchases for weddings in the world’s biggest consuming nation after China. Overseas purchases advanced 5.5 per cent to 70.7 tonnes last

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India’s Gold Imports Jump 64% in January Despite Prices Hitting 5-year High

India’s Gold Imports Jump 64% in January Despite Prices Hitting 5-year High 0 Updated

🕔05:41, 12.Feb 2019

Gold imports by India rose last month despite local prices trading near the highest in more than five years, as jewellers start to restock for the wedding season. Inbound shipments grew 64 per cent to 46 tons in January from a

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