Metalwatch

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Metalwatch - Total results - 127
Planning to buy gold on Dhanteras? Here are a few tips that may help you
Investing

Planning to buy gold on Dhanteras? Here are a few tips that may help you

A survey by the Bureau of Indian Standards held across 16 cities found that 90.10 percent of 162 gold samples failed purity tests. More shocking fact is that the highest purity shortage was 44.6%.Here are a few tips that may help you buy real gold.

Why gold may not see a V-shaped recovery in 2014
Economy

Why gold may not see a V-shaped recovery in 2014

With the normalisation of US monetary policy and the rise in US real interest rates, the under-performance of gold is one of the most high conviction investment themes this year. However, price action in gold might not exhibit a downtrend in 2014.

Gold on edge of tipping over a 3-1/2 year trough on taper sell-off
Business

Gold on edge of tipping over a 3-1/2 year trough on taper sell-off

Gold languished at a six-month low on Friday and was on the edge of tipping over to a 3-1/2 year trough after the Federal Reserve's move to cut back its bond-buying stimulus prompted a huge sell-off.<br /><br />

Nov trade deficit narrows to $9.22 bn, imports fall to 4-yr low
Economy

Nov trade deficit narrows to $9.22 bn, imports fall to 4-yr low

India's trade deficit narrowed in November as exports rose, while imports hit the lowest level in four years after gold shipments from overseas fell sharply, according to the trade ministry on Wednesday.<br /><br />

Gold premiums hit yet another record
Investing

Gold premiums hit yet another record

Indian gold premiums hit another record on Thursday, driven by lower supplies to meet firm demand for weddings, which will continue till May.<br /><br />

China set to usurp India as world's biggest gold consumer: WGC
Economy

China set to usurp India as world's biggest gold consumer: WGC

Gold demand during the last quarter of this year is likely to be lower than the same period in 2012, however, it will be higher than the July-September period as the demand is picking up and traditionally it is the buying season, World Gold Council said today.<br /><br />

Gold demand slides by a fifth after drop in buying from India
Economy

Gold demand slides by a fifth after drop in buying from India

Gold demand fell 21 percent in the third quarter as outflows from physical bullion funds and a drop in buying from major consumer India offset firmer jewellery, coin and bar sales, an industry report showed on Thursday.

Govt hikes tariff value on imported gold
Economy

Govt hikes tariff value on imported gold

Amid short supply of gold in domestic market during the festival season, the government today hiked the import tariff value of gold to $442 per ten gram in line with global prices of the precious metal.

Volatility takes toll on gold ETFs; MF retail folios drop 8% in H1
Economy

Volatility takes toll on gold ETFs; MF retail folios drop 8% in H1

However, high net worth individuals (HNIs) cushioned the sharp fall in folios, with the gain in HNI folios restricting the overall fall at 15 lakh folios. However retail participation fell due to the volatility in the market.

Indian silver imports set to hit record high as prices drop to 30-year low
Economy

Indian silver imports set to hit record high as prices drop to 30-year low

Indian silver imports are on pace to hit a record high this year as the wedding and festival season drives up buying of the precious metal instead of the traditional gold, made scarcer and dearer by official measures aimed at cutting the trade gap.<br /><br />

FM please take note: Gold demand in Q3 can jump 15% to 300 tonnes
Economy

FM please take note: Gold demand in Q3 can jump 15% to 300 tonnes

Gold demand from India is likely to jump as much as 15 per cent to 300 tonnes in the December quarter from a year earlier as pent-up demand post a good monsoon could re-surface after a difficult September quarter, a senior official at the World Gold Council (WGC) said on Tuesday.<br /><br />

Good news for buyers: Gold at one-month low, nears Rs 30,000
Economy

Good news for buyers: Gold at one-month low, nears Rs 30,000

The rupee plays an important role in determining the landed cost of the dollar-quoted yellow metal. It eased on Thursday.<br /><br />

Curbing penchant for gold: How about a home swap scheme?
Economy

Curbing penchant for gold: How about a home swap scheme?

Any scheme that weans investments into the housing sector is welcome especially if it is from the unproductive investments in gold.<br /><br />

Gold price up by Rs 660 to Rs  32,200 on global cues
Economy

Gold price up by Rs 660 to Rs 32,200 on global cues

Gold in New York, which normally set price trend on the domestic front, rose by $15.70 to $1412.20 an ounce and silver by 3.19 per cent to $24.28 an ounce.<br /><br />

Despite govt curbs, India's gold consumption highest in 10 years
Economy

Despite govt curbs, India's gold consumption highest in 10 years

Much of the demand was met by stocks that had been built up to healthy levels following the April price drop.

Raising gold import duty is not the only solution to India's CAD troubles
Economy

Raising gold import duty is not the only solution to India's CAD troubles

This is India's fifth increase in gold import taxes in the past year and a half to curb imports and raise capital inflows to relieve the grinding pressure on the rupee which hit a record low of 61.80 against the dollar last week.

Govt steps in again to contain yellow fever: A timeline of key steps
Economy

Govt steps in again to contain yellow fever: A timeline of key steps

Apart from duty increases, the authorities have also taken other steps too. Here's a timeline of key steps in relation to gold in 2013:<br /><br />

Gold emerges as worse investment avenue than stocks this year
Investing

Gold emerges as worse investment avenue than stocks this year

The gold prices have fallen by nearly 8.5 percent since the beginning of 2013, while the stock market benchmark Sensex has dipped by about 4 per cent.<br /><br />