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Latest Articles in yellow metal

India's Gold Demand Up 15 Per Cent To 123.5 Tonne In Q1 2017, Says World Gold Council

Gold consumption in the first quarter of 2017 rose 15 per cent to 123.5 tonnes on pent-up demand from jewellers as retail consumers ramped up purchases for weddings, the WGC said in a report

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India Gold Prices Slip To Discount For First Time In Six Weeks

Gold was sold at a discount to official prices in India this week for the first time in six weeks, while demand elsewhere in Asia remained subdued as surging bullion prices turned off buyers

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Festival Drives Indian Gold Demand; Higher Prices Curb Buying Elsewhere

Gold demand in India rose this week due to a festival and as local prices adjusted to an appreciating rupee, while higher prices kept a check on demand elsewhere in Asia

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High Gold Prices Keep Demand In Check, Indian Jewellers Stock Up For Festival

An uptick in prices kept a lid on demand for gold in most regions across Asia this week, while in India, an upcoming festival saw jewellers stocking up on the metal

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India Gold Demand Picks Up As Jewellers Resume Buying Post-budget

Demand for gold in India rose this week as many jewellers resumed purchases after having stayed away for a few weeks hoping for an import duty cut in the government budget

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India 2017 Gold Demand Seen Muted As Govt Clamps Down On 'Black Money': WGC

Gold demand in India will be muted this year after dropping to multi-year lows in 2016, with trading dented as the government pushes to make markets for the metal more transparent and brings in a new tax, the World Gold Council said on Friday

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Lower Prices Boost Gold Demand In India, Chinese Buying Wanes

Gold demand in India improved this week, boosted by a fall in prices overseas, although some consumers waited to see if hopes for an import duty cut in the government's budget next week will be realised

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Gold Demand Eases On Higher Prices; Premiums Mostly Unchanged

Physical gold sales eased in Asia this week as steadily higher prices kept buyers on the sidelines and premiums remained mostly unchanged across the continent

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Asia Gold Demand Picks Up As Indian Wedding Season Drives Fresh Buys

Gold demand in Asia gathered some steam this week on wedding season purchases in India, with prices swinging to a premium there for the first time in over a month, and traders expecting demand to strengthen due to the upcoming Chinese New Year

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Gold Fritters Away Solid Opening, Outlook Remains Foggy

Gold demand in India, particularly from rural areas, shrank following the unexpected fallout of the high-value currency ban and disruption in supply chain for want of liquid cash even as the country's growth was projected lower

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Price Slump Fails To Revive Gold Demand In India; China Premiums Shrink

Gold demand in India remained subdued this week despite a sharp fall in prices to over 10-1/2 month lows as a severe cash crunch and holidays kept buyers away from the market, while premiums in China fell from near 3-year highs touched in the prior week

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Gold Slumps To 10-month Low, But Silver Adds To Gains

Gold prices fell Rs 130 to hit a 10-month low of Rs 28,580 per 10 grams on Friday amid a weakening global trend and considerable fall in demand from jewellers at the domestic spot market

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Gold Tumbles To 6-month Low, Goes Below Rs 29,000 On Global Pain

Gold extended its slump for the second day as it slipped below the Rs 29,000 mark by falling Rs 250 to an over six-month low of Rs 28,800 per 10 grams in the bullion market on Tuesday, tracking a subdued global trend

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Government May Impose Curbs On Domestic Gold Holdings

The government may impose curbs on domestic holdings of gold as Prime Minister Narendra Modi intensifies a fight against 'black money', news agency NewsRise reported, citing an unnamed finance ministry official

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Scrap Gold Supply To Halve In India As Cash Crunch Bites

Scrap gold supplies in India, the world's second-biggest consumer of bullion, are likely to halve this quarter as the cash crunch and falling prices make it difficult for consumers to liquidate their holdings

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