India's gold demand could hit 950 tonnes as prices fall: Valcambi

Last Updated: Saturday, August 22, 2015, 22:44

India`s gold demand might reach 950 tonnes this year as lower prices spur buying during the peak festival season and for weddings, the world`s biggest gold refiner, Valcambi, said.

Gold crash: Things that common man can watch out for

Last Updated: Thursday, July 23, 2015, 12:14

Let’s have a look at the options and the impact of gold price rout.

India proposes gold-linked bonds to lower bullion imports

Last Updated: Friday, June 19, 2015, 09:32

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.

Gold buying slows amid price rally; Akshaya Tritaya demand eyed in India

Last Updated: Friday, March 27, 2015, 12:16

Gold bullion purchases across Asia slowed this week as a long rally in prices discouraged buyers, with traders keeping a close watch on top consumer India ahead of a festival that usually sparks strong demand for the metal.

India seizes record haul of smuggled gold outside airport

Last Updated: Tuesday, February 24, 2015, 23:57

Indian police said they had made the single biggest seizure of gold smuggled into the country on Tuesday after arresting six people leaving an airport with 60 kg of the precious metal flown in from Dubai.

Gold price logs worst singe-day fall this year, ends at Rs 27,190 per 10 grams

Last Updated: Wednesday, February 18, 2015, 16:05

Gold prices tumbled by Rs 510, the biggest fall this year, to trade at almost six-week low of Rs 27,190 per 10 grams at bullion market Wednesday on slackened demand from jewellers and retailers amid weak global cues.

Anand Sharma for easing gold import norms to check smuggling

Last Updated: Tuesday, December 24, 2013, 15:42

Advocating relaxation of gold import norms to check smuggling, Commerce and Industry Minister Anand Sharma said the government will take action at an appropriate time.

Gold prices fall by Rs 175 to Rs 30,225 per ten grams

Last Updated: Monday, December 23, 2013, 16:40

In Mumbai, gold 99.9 and 99.5 percent purity traded at Rs 29,850 and Rs 29,700 per ten grams, respectively, while silver enquired at Rs 44,400 per kg.

India's current account vulnerability falls, but risks remain

Last Updated: Wednesday, December 4, 2013, 12:13

Measures to curb demand for imported gold have contributed to a sharp narrowing of India's current account deficit, global consultancy firm Capital Economics said.

Treasure hunt still on in Unnao

Last Updated: Wednesday, November 13, 2013, 15:10

Success of the "dream gold" hunt still remains a "dream" even as excavation for possible 1,000 tonnes of gold at Raja Rao Ram Bux Singh fort in Daundiya Khera village continued on the 27th day.