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WGC welcomes govts draft policy on sovereign gold bonds WGC welcomes govts draft policy on sovereign gold bonds
The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said on Friday.
Gold sovereign bonds to address import issues Gold sovereign bonds to address import issues
Centre's gold sovereign bond scheme is expected to address pure investment demand for the yellow metal, says India Ratings and Research (Ind-Ra).
Sovereign Gold bonds can save up to $2 billion of metal imports Sovereign Gold bonds can save up to $2 billion of metal imports
Sovereign Gold bonds (SBGs) provide a good alternative for investors and if subscribed fully in the first year it will result in a saving of USD 2 billion on imports of the precious metal at current prices, says a report.
Gold at over two-week high on global cues, jewellers buying Gold at over two-week high on global cues, jewellers buying
Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday
Govt proposes gold-linked bonds to lower bullion imports Govt proposes gold-linked bonds to lower bullion imports
India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.
Govt weighs sovereign gold bonds to keep tabs on imports Govt weighs sovereign gold bonds to keep tabs on imports
The government is planning to issue sovereign gold bonds linked to the price of the yellow metal, a proposal aimed at reducing demand for gold and control trade deficit.
India proposes gold-linked bonds to lower bullion imports India proposes gold-linked bonds to lower bullion imports
The country consumes nearly 1,000 tonnes of gold every year, most of it imported, and gold is the second-biggest expense on the import bill after oil. 
Jewellery retailers may see 12% revenue growth in FY16: Ind-Ra Jewellery retailers may see 12% revenue growth in FY16: Ind-Ra
Gems and jewellery retailers are likely to outshine exporters by registering up to 12 percent growth in revenue on rising domestic demand this fiscal year, India Ratings and Research (Ind-Ra) Thursday said.
Gold glitters, silver recovers on global cues Gold glitters, silver recovers on global cues
Gold regained its sheen to trade Rs 195 higher at Rs 27,125 per ten gram at the bullion market Thursday, taking positive cues from overseas market and fresh buying by jewellers.
Gold price extends gains on dovish Fed, softer dollar Gold price extends gains on dovish Fed, softer dollar
Gold extended gains on Thursday as the dollar came under pressure after the Federal Reserve hinted it may hike U.S. rates later than market expectations and cut economic growth forecasts.
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