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As gold demand surges, FM may have to impose more curbs

Aug 16, 2013

As gold demand surges, FM may have to impose more curbs

If one takes the first quarter demand of 310 tonnes out of the 850 tonne limit, the remaining three quarters will have to make do with just 540 tonnes - and there is still the festival and marriage season demand coming up later this year. #Gold #Chidambaram #World Gold Council #YellowMetal #Import controls
Gold edges up overseas but hits 5-month low in India

Feb 04, 2013

Gold edges up overseas but hits 5-month low in India

Gold traders in India, the world's biggest buyer of the metal, tried clearing off old stocks even as the yellow metal extended losses to hit its lowest level in more than five months weighed by a stronger rupee. #India #bullion #Gold #MetalWatch #YellowMetal
Govt hikes import duty on gold by 50% to 6 percent

Jan 21, 2013

Govt hikes import duty on gold by 50% to 6 percent

The minimum quantity of gold that may be deposited and the tenure of deposit has also been reduced to six months from three years earlier. #BreakingNow #Gold #CAD #YellowMetal
In its fight against gold, will govt emerge victorious in 2013?

Jan 17, 2013

In its fight against gold, will govt emerge victorious in 2013?

Gold demand from the Indian jewellery fabrication segment is likely to fall to 322 tonnes in the first half of 2013, from 348 tonnes in the same period of 2012 #Gold #GDP #finance ministry #ToWhatEffect #fiscal deficit #YellowMetal #GoldBug
Memo to PC: Gold is useful because it is useless

Jan 10, 2013

Memo to PC: Gold is useful because it is useless

A peep into why gold has become the ultimate store of wealth for the world, and especially Indians. #Gold #P. Chidambaram #YellowMetal #GoldBug