Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

Gold prices in India back at discount on weak demand

Last Updated: Friday, September 4, 2015, 12:50

Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world`s second-biggest consumer.

UAE raises gold import duty issue with India

Last Updated: Monday, August 17, 2015, 22:50

The UAE Monday raised the issue of India's high gold import duty affecting its exports to the country even as the two nations agreed on a wide range of steps to boost their economic ties.

India, China account for 54% of total gold demand during Q1

Last Updated: Sunday, May 17, 2015, 15:39

India and China accounted for 54 percent of the total global gold consumer demand in the first quarter of this year, according to a report.

April-December gold imports stood around $26 bn

Last Updated: Tuesday, March 17, 2015, 20:46

India imported gold worth nearly $26 billion during the April-December period of the current fiscal 2014-15, parliament was informed on Tuesday.

Gold-hungry traders tap Indians living abroad

Last Updated: Tuesday, December 24, 2013, 23:41

Gold premiums in India rose to a record USD 160 per ounce on London prices earlier in December.

Gold still showing no sign of losing its sheen in India

Last Updated: Sunday, December 22, 2013, 21:03

Steady demand, despite import restrictions, saw gold prices swaying between Rs.26,440 per 10 grams in April to Rs.34,600 per 10 grams in August.

Gold imports likely to drop 40% to 500 tonnes in FY14

Last Updated: Sunday, November 17, 2013, 13:14

India's gold imports are likely to fall by 40 percent to 500 tonnes in the current financial year, providing relief to the government, which is trying to narrow the current account deficit and stabilise the rupee.

India's gold demand to rise by 15% in Q4 2013: WGC

Last Updated: Tuesday, October 8, 2013, 18:31

India's gold demand is likely to increase by over 15 percent during the last quarter of this year to up to 300 tonne from last year on account of good monsoon and 20 percent more auspicious days this festival season, the World Gold Council (WGC) said Tuesday.

Gold imports to rise by 20% in Apr-June to about 183.6 ton

Last Updated: Thursday, April 18, 2013, 19:48

India's gold imports are likely to go up by 20 percent to around 183.6 tonne in April-June quarter due to rise in demand triggered by weak prices, a trade body said.

Gold rises for third day on sustained buying, global cues

Last Updated: Tuesday, December 25, 2012, 16:26

Gold prices rose by Rs 90 to Rs 31,220 per 10 gm in the national capital today on sustained buying, driven by Christmas festival demand amid a firm Asian cues.

Gold tumbles on weak futures trend, firm rupee

Last Updated: Friday, November 30, 2012, 16:17

Gold prices tumbled by Rs 840 to Rs 32,100 per 10 gm in the national capital Friday on reduced offtake along with a weak trend in futures trade on ending monthly settlement amid a firming rupee.