Turkey to ease gold imports

Turkey is putting the finishing touches on a plan to loosen rules that govern the import of gold to one of the world’s biggest consumers of the precious metal. The Turkish treasury is drawing up changes that would allow the certification and standardization of scrap or unregistered gold people may carry when entering Turkey, Bloomberg […]

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Indian gold imports hit three-year low in September 2019, as prices jump

India’s gold imports plunged 68 per cent year on year in September to their lowest in more than three years as record domestic gold prices curbed retail buying, reported Reuters last week. Lower imports by the world’s second biggest consumer could cap gains in global prices that are trading near their highest level in over six years, […]

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Indian gold demand lags on price surge; other Asian countries bet on Lunar New Year

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Gold demand in India turned weak last week as local prices jumped to their highest level in two and a half years. Traders in major buying centres in Asia have now pinned hopes on purchases ahead of the approaching Lunar New Year, Reuters reports. Local gold prices in India, world’s second-largest gold consumer, touched their […]

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