2014 February

Gold imports rise again, reach 38 tonnes in Jan

Gold imports have started increasing again and rose to 38 tonnes in January, from a low of 3 tonnes in August, which prompted RBI and the government to continue with the restrictions on its inward shipments. Gold imports rose in December to 25 tonnes, higher than 19 tonnes in the

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Gold, silver recover on mild demand

Gold and silver recovered on the local bullion market here today on a fresh mild demand from stockists. Firm gold prices in the global market mainly boosted the domestic gold, a stockist said. Standard gold (99.5 purity) firmed up by Rs 24 per 10 grams to Rs 30,574 at 1700hrs

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Relax gold import norms, slash import duty to 2pc: GJF

The government should slash import duty on gold to 2 per cent from the existing 10 per cent and relax other shipment norms as the jewellery sector is facing "worst-ever crisis", industry body GJF said today. Gold availability will be hit as imports of precious metal are expected to be

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Make Reliable Investments When You Buy Gold Online

If you are investing or planning to invest in gold, knowing how to follow its changing price is very important. If gold is an investment strategy for your portfolio, then being aware of the fluctuating price in the market at all times are necessary. If you are familiar with the

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Gold, silver prices up on seasonal buying

Gold prices rose by Rs 160 to Rs 31,350 per ten grams in the national capital today on sustained buying for the ongoing wedding season. Silver also gained for the third day by adding Rs 120 to Rs 47,880 per kg on increased offtake by industrial units and coin manufacturers.

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"The Changing China" by Mr. Prithviraj Kothari, MD, RSBL

Amidst all the chaos that has been happening globally, we all need to take a breath....keep calm...and see what gold is really up to.The yellow metal dropped to a six month low by the end of 2013 on 31st December, on projection of a global economic recovery.But in 2014, gold

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Gold Settles Lower As Dollar Strengthens

Gold futures snapped nine days of straight gains to end lower on Wednesday, ahead of the Federal Reserve's minutes of its January meet later in the day, with the dollar trending higher against a basket of some select currencies. Nonetheless, gold made up for some of the losses after some

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Gold import restriction helps parallel economy more than real economy

Gold restrictions imposed by the Finance Minister has been cited as one of the main reasons for reining in Current Account Deficit (CAD) to 1.2 per cent as against a peak of 4.9 per cent. The FM in his Vote on Account speech said that CAD for the current fiscal

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Bullion Market Report

Market Commentary April gold closed sharply lower due to profit taking on Wednesday as it consolidates some of the rally off January's low. The low-range close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are overbought and are turning

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"Let's Get Gold" by Mr. Prithviraj Kothari, MD, RSBL

Look in to the past- it was Feb 2013....Look in to the present- it is Feb 2014- Gold has risen 11 % since the beginning of the year.... Gold has shown some remarkable performances Since Jan- 1) Gold is up over 10 per cent since the 2013 closing lows 2)Gold

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