Gold imports cross 120 tonnes in Aug, highest so far in FY16

Last Updated: Sunday, September 13, 2015, 12:55

Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes.

Spooked investors seek other havens over gold, for now

Last Updated: Tuesday, August 25, 2015, 23:39

As a broad rule, bullion tends to benefit from stock market weakness as an alternative asset, but previous equity crashes show the initial price response can be to fall.

Gold stands tall at seven-week high on China fears amid equities rout

Last Updated: Monday, August 24, 2015, 08:13

Gold rose to as much as $1,168.40 on Friday, its highest since July 7. It gained more than 4 percent last week, the most since mid-January.

Gold imports jump 62.2% to $2.96 billion in July

Last Updated: Friday, August 14, 2015, 20:34

After declining in June, Gold imports jumped 62.2 percent to USD 2.96 billion last month, a development which will have adverse bearing on India's current account deficit (CAD).

Even hallmarked gold jewellery varies in purity

Last Updated: Friday, July 31, 2015, 15:08

The improvements to the hallmarking system in India are not only essential to a successful gold monetisation scheme but also help to boost the country's gold jewellery exports from the existing $8 billion to $40 billion in the next five years, it said.

Gold jewellery export may rise to $40 billion if quality improved

Last Updated: Thursday, July 30, 2015, 20:33

Gold jewellery exports could jump five-fold to USD 40 billion in the next five years if quality standards are improved, the World Gold Council said Thursday.