2014 May

India to relax gold tax very soon boosting prices predicts the World Gold Council

India’s penal gold taxes were one of the main drivers to lower gold prices last year. But the overwhelming victory of new prime minister Narenda Modi is expected to throw that leverage into reverse with hedge funds also taking their cue from Indian buyers. ‘It’s only a matter of time

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Gold Investors Be Cautious

India’s penal gold taxes were one of the main drivers to lower gold prices last year. But the overwhelming victory of new prime minister Narenda Modi is expected to throw that leverage into reverse with hedge funds also taking their cue from Indian buyers. ‘It’s only a matter of time

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"Gold Investors Be Cautious!"

Gold prices were moving between small gains and small losses as the markets were quite calm as investors reined in their trading activity ahead of a long weekend in U.K. and the U.S. Spot gold was down 0.2% at $1,291.32 during trading hours where as silver was 0.3% lower at

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Bullion Market Report As On May 23,2014

Market Commentary METALS: June gold futures closed up $6.80 an ounce at $1,294.90 today. Prices closed nearer the session low today. Some upbeat China economic data boosted gold early, but a firmer U.S. dollar index today tempered gold's gains. Trading has been choppy and sideways for the past five weeks.

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Gold premia crash on import relaxation

Gold prices in the spot market here fell on Thursday after the Reserve Bank of India (RBI) last night relaxed rules for importing the metal. Spot gold premium crashed from $80 an ounce on Wednesday to about $20 on Thursday, after falling to $10 during the day. In evening trade,

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Gold tanks to 10-month low as RBI eases import curbs

Gold prices tumbled to 10-month low and closed below the key ` 28,000 per 10 gram mark at the bullion market here today following frantic unwinding after the RBI eased curbs on import of the yellow metal. In contrast, silver gained further ground on stray demand from consuming industries. Standard

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Bullion Market Report As On May 22, 2014

Market Commentary METALS: June gold futures closed down $6.90 an ounce at $1,287.70 today. Prices closed nearer the session low today. A firmer U.S. dollar index helped to pressure gold today. Trading has been choppy and sideways for the past five weeks. Gold market bulls and bears are on a

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RBI eases gold import norms

The Reserve Bank of India has allowed "star trading houses" and private jewellery exporters, which had been barred from importing gold since July 2013, to resume imports, with immediate effect. In a statement. the central bank said import of the first lot of gold by trading houses under the so

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Gold inches down as fund outflows gather pac

Gold slipped on Thursday as the top bullion-backed fund posted its biggest outflow in three weeks and after the U.S. Federal Reserve indicated it would continue to trim its stimulus measures. FUNDAMENTALS Spot gold had fallen $1 to $1,290.40 an ounce by 0024 GMT. Platinum and palladium continued to add

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Buying Gold Online

If you want to buy buy gold online you need to be aware of various prices and services available on different websites so that you can do comparative analysis of the same. Also you need to check that whether the different websites appeal to your personal taste and sense of

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