2014 October

Indian gold bar imports surge in September

The Gems and Jewelry Export Promotion Council (GJEPC) has released the details of imports of raw materials for gems and jewelry for the month of Sept. 2014. According to data, the gold bar imports by India during September this year witnessed sharp rise of 35.74% over the previous year. The

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The Key to Great Investments is Reliable Information

The Key to Great Investments is Reliable Information Now that the country has got a new and hopefully stable government, the trade markets in India are gradually picking up. The announcement of the new government’s maiden budget too was the markets soaring. This would be the right time to consider

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Gold Once Again Surrenders In Front Of The Dollar

Firstly, On behalf of RSBL, I would Like to wish you A very Happy and Prosperous New Year. We hope that this new Hindu Year brings in positivity not only for the precious metals market but also for the other investment assets and the world economy. To continue reading click

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Govt to re-look at gold import curbs after Diwali: Jaitley

Faced with 5-fold rise in gold imports that is pushing up the current account deficit, Finance Minister Arun Jaitley today said the government would look at re—imposing curbs on gold imports after Diwali. “Let the festival season be over, I will have a look at it,” said Jaitley replying to

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Gold Tend To Move Side-ways

As we just though gold was acting positive and making a comeback, it proves us wrong by the end of Friday. Gold erased this year’s gains earlier this month on the outlook for higher borrowing costs as the U.S. economy improves. Bullion has since rebounded as the Fed signalled a

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Gold imports jump about 5-times in Sep on global price slide

Gold imports are estimated to have jumped about five-times to around 95 tons in September, helped by spurt in demand in festival season and falling global prices, an industry expert said today. "The import of the yellow metal is estimated to be around 95 tons during this September," All India

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Is Gold making a comeback

Gold has fallen nearly 40% from its 2011 high above $1900 to reach below $1200 at the start of the week. A resurgent dollar, coupled with positive U.S. economic data, had been driving gold's declines over the past..... To continue reading click on http://www.riddisiddhibullionsltd.blogspot.in/

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WGC wants India to put idle gold stock to use

The World Gold Council is bullish on India. Aiming to target a five-fold increase in gold jewellery exports to $40 billion by 2020, from the current level of $8 billion, the Council has urged the Indian government to find ways of mobilising and monetising household savings imbedded in gold stocks.

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Gold,silver prices recover on demand by jewelers

Gold prices recovered by Rs 40 to Rs 27,070 per ten gram in the national capital on Monday on the back of pick up in buying by jewellers and retailers even as the metal weakened overseas. On similar lines, silver traded Rs 90 higher at Rs 38,290 per kg on

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Bullion Market Report As On October 10,2014

December gold closed sharply lower on Friday as it extends the decline off July's high. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Overall the technical indicators point out that neutral to bearish signaling that sideways to lower prices are

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