If gold falls settles at around $985 by end 2016, it will mark a 7-year low, according to Phillip Futures.
Dec 24, 2015
The rise in gold imports is mainly to a sharp decline in the overseas metal prices.
Dec 22, 2015
The import tariff value is normally revised on a fortnightly basis.
Dec 16, 2015
Gold prices are also supported by increased buying by jewellers to meet a spike in demand in the wedding season.
Dec 12, 2015
Heroin traffickers linked to the abduction and disappearance of 43 students a year ago are battling over millions of dollars paid by Canadian mining giant Goldcorp to a village in Mexicos southern gold belt, leading to a wave of murders.
Dec 8, 2015
Gold has already lost 9% this year.
Dec 8, 2015
The import duty on the metal was raised to 10 percent in 2013 to curb demand.
Dec 6, 2015
In contrast to market expectations, international gold prices remain firm despite an improvement in US employment data.
Dec 5, 2015
Silver prices also fell sharply tracking weakness in gold prices.
Dec 3, 2015
A jeweller who needs gold temporarily can buy it locally instead of importing it, says economic affairs secretary.
Dec 2, 2015
Overall, international gold prices registered 7% decline in November.
Dec 1, 2015
The precious metal has fallen out of favour as investors position themselves for the first U.S. rate hike.
Nov 30, 2015
Consecutive droughts have hit the income of farmers in rural India, weighing on the gold purchases.
Nov 26, 2015
Subscription for the sovereign gold bonds was open from November 5 to 20.
Nov 25, 2015
Bankers said the high issue price was the biggest dampener.
Nov 22, 2015