India overtakes China, becomes biggest gold consumer: Survey
India regained its top position from China as the biggest overall consumer of gold in the first nine months this year with a total consumption of 642 tonnes, a survey said.
Oct 27, 2015, 21:05 PM IST
Gold buying slows amid price rally; Akshaya Tritaya demand eyed in India
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.
Mar 27, 2015, 12:16 PM IST
Gold price logs worst singe-day fall this year, ends at Rs 27,190 per 10 grams
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.
Feb 18, 2015, 16:05 PM IST
'Gold prices may decline to Rs 24,500 by December'
Gold prices are likely to decline further to around Rs 24,500 per 10 grams by December if the rupee continues to rule at the current level, according to analysts.
Nov 02, 2014, 12:34 PM IST
India says not considering immediate gold import duty cut
India is not considering an immediate cut in gold import duties, Trade Minister Nirmala Sitharaman said on Wednesday, extending a policy that has helped narrow the country`s trade deficit but is believed to have led to an increase in smuggling.
Sep 10, 2014, 20:22 PM IST
Gold imports dip 26.39% to $1.81 billion in July
Imports of gold in July 2013 stood at USD 2.46 billion.
Aug 14, 2014, 22:40 PM IST
Gold import falls by 43% to 351 tonnes in H1, 2014
Gold imports fell by 43 percent to 351 tonnes in the first six months of this year as a hike in import duty curbed inbound shipments, according to the World Gold Council (WGC).
Aug 14, 2014, 19:51 PM IST
