2013 September 25

Tapping internal gold

Reports of domestic jewellers meeting part of their gold requirements through sale of stocks held by exchange-traded funds and buyback of old jewellery should be viewed positively for two reasons. One, it suggests that the jewellery trade is actively seeking out alternative sources for gold in the wake of import

read more

India's Aug gold jewellery exports up vs July, seen rising ahead

India's gold jewellery exports climbed in August from the previous month on improving U.S. demand even though exporters faced tight supplies of the metal on central bank steps to tackle the country's rising trade deficit. Exports could climb in the coming months as the Reserve Bank of India has tied

read more

Gold in tight range as stimulus uncertainty weighs

Gold was trading in a tight range early on Wednesday amid lingering uncertainty over the outlook for U.S. economic stimulus and lack lustre physical demand. FUNDAMENTALS Spot gold had risen 0.1 percent to $1,324.26 an ounce by 0018 GMT, extending slight gains from the day before after three days of

read more