Data – Gold ETFs lose steam, investors pull out Rs 29,000 crore in Apr-Oct 2018
Gold exchange-traded funds (ETFs) in India are losing momentum, with investors pulling out Rs 29,000 crore during the April-October period of the current …
World Gold Council and MMTC-PAMP launch India’s first ‘Precious Metals Assay and Training Institute’
The World Gold Council and MMTC-PAMP India Pvt. Ltd. have jointly launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to develop a new …
RBI’s gold assets rose by 6.8 tonnes to 579.9 tonnes in Sept, says WGC
The Reserve Bank of India (RBI) purchased 6.8 tonnes of gold in September 2018, taking its total gold reserves to 579.9 tonnes, the World Gold Council said, …
Global gold demand steady in third quarter; central banks and consumer purchases offset ETF outflows
Global gold demand was steady in Q3 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends …
India launches gold bonds in efforts to curb imports, lower current account deficit
India is has launched its latest series of sovereign gold bonds as part of its efforts to curb imports of the precious metal and lower its current account …
Gold imports to India expected to jump during the fourth quarter
India’s gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets and a plunging rupee. At the same time …
Gold demand in India to rise by 25% due to higher MSP to farmers – report
India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support …
Saudi Arabia plans to diversify into mining
Oil-dependent Saudi Arabia is planning an expansion in mining activity in its effort to attract private investment into the sector to further develop it as one …
Saudi Arabia plans to diversify into mining
Oil-dependent Saudi Arabia is planning an expansion in mining activity in a push to attract private investment into the sector to further develop it as one of …
Gold demand in India to increase by 25% due to higher MSP to farmers: Report
India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support …