Gold

Jewellery Firms Surge after RBI Eases Gold Import Norms

Shares in Titan Co Ltd(TITN.NS) surged on Thursday after the Reserve Bank of India (RBI) eased gold import rules by allowing seven more private agencies to ship the precious metal. The stock was trading up 10.2 percent as of 9:25 a.m. May 22, 2014
Gold

Gold Slips on Economic Optimism; Platinum Adds to Gains

Gold extended losses to a third straight session on Monday as U.S. data pointed to strong economic growth, while platinum group metals continued to add to gains on supply worries from South African labour strikes. May 19, 2014
gold-slips-ahead-of-u-s-jobs-data-on-track-for-third-weekly-loss

Gold Edges up on Ukraine; Platinum, Palladium hold Gains

Platinum and palladium on Wednesday retained sharp gains made overnight on worries that increasing labour tensions in major producer South Africa could hurt supply, while gold edged up on escalating violence in Ukraine. May 14, 2014
indians-shopping-for-gold-after-prices-fell

Remember 1991? Is Chidambaram's Anti-Gold Policy Right?

Despite Indian Finance Minister P. Chidambaram's oft-repeated appeal to desist from buying gold, there is hardly any decline in gold sales across the country and the minister should realise that it was sine-qua-non to his budget beset with huge increase in daily taxes that had hit the country's massive middle class. Jun 14, 2013
Prices of the safe haven yellow precious gold metal jumped 0.2 per cent to $1,751.80 an ounce after finance ministers in the heavily fiscal-affected eurozone and the International Monetary Fund (IMF) agreed to reduced Greece's long-term debt.

India's Gold Demand Falls 29 Percent In Q1; Price Upturn Likely In Future

India's gold demand slumped 29 percent in the year's first quarter, falling far behind China which is now the world's leading bullion market, the World Gold Council said Thursday. As per the organization's report, the country's gold consumption in volume declined to 207.6 tonnes in the first quarter, as compared to that of 291.8 tonnes at the same period the previous year. India's gold jewellery market reported a drop at 19 percent to 152 tonnes, while investment demand dipped 46 percent down... May 17, 2012