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RBI's decision to lift ban on import of gold coins the right move: World Gold Council

Feb 19, 2015

RBI's decision to lift ban on import of gold coins the right move: World Gold Council

The World Gold Council (WGC) said the RBI's decision to lift a ban on import of gold coins and medallions by banks and allowing them to import gold on a consignment basis was a right move. #Gold #RBI #Reserve Bank of India #World Gold Council #gold coins #Gold Import #Gold medallions #80:20 scheme #trading houses
India pips China as world's biggest gold consumer in 2014

Feb 13, 2015

India pips China as world's biggest gold consumer in 2014

India is likely to remain the world's biggest gold consumer this year after regaining the top spot from China in 2014, driven by robust jewellery demand, the World Gold Council (WGC) said on Thursday. #India #China #Gold #Jewellery #World Gold Council
India likely to keep lead over China in gold consumption, says WGC

Feb 12, 2015

India likely to keep lead over China in gold consumption, says WGC

Demand dipped in both countries in 2014 from record levels a year earlier, but Indian demand slid only 14 percent, compared with a much steeper 38 percent fall in China. #Economy #India #China #Gold #NewsTracker #Commodity #World Gold Council
India's gold demand dips 14% due to crippling restrictions on imports: WGC

Feb 12, 2015

India's gold demand dips 14% due to crippling restrictions on imports: WGC

Gold demand in India declined 14 percent to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC). #India #Gold #World Gold Council #Demand #Import restrictions
Yellow metal losing its shine: Modi rally may be prompting Indians to ditch gold for equities

Sep 12, 2014

Yellow metal losing its shine: Modi rally may be prompting Indians to ditch gold for equities

Kiran Laxman Salunkhe used to buy jewellery during religious festivals, but sliding gold prices have led the young farmer to break with his family's traditional investment. #Gold #prices #equities #World Gold Council