Gold premiums in India

India's June gold imports spike as buyers tried to beat higher sales tax

"Demand was higher than normal in June as some consumers advanced buying to avoid paying higher tax," Sudheesh Nambiath, a senior analyst with GFMS, a division of Thomson Reuters, said on Tuesday.

 

Jul 11, 2017, 15:47 PM IST

Gold price bounces off 5.5-month low on physical buying

Gold prices rose in Asian trade on Monday, snapping a 3-session losing streak, buoyed by physical buying after the metal slid to a 5-1/2-month low on Friday.

Nov 21, 2016, 13:41 PM IST

Gold premiums rise to 2-year high on fears of import curb

Gold premiums in India jumped to two-year highs this week as jewellers ramped up purchases on fears that the government might put curbs on imports after withdrawing higher-denomination notes from circulation in its fight against black money.

Nov 18, 2016, 14:43 PM IST