India will also launch a sovereign gold bond to lower physical demand. India's trade ministry has proposed cutting the import duty on gold to 2 percent from 10 percent, according to a......
Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world's second-biggest consumer. Dealers......
Indian demand for gold is likely to increase in April-June from the first quarter due to strong buying during a major festival, lower prices and robust economic growth, the World Gold Council said......
India has upped the ante in its drive to restrict gold imports into the world's biggest consumer, introducing regulations that stop just shy of imposing quotas as it tries to stifle demand ahead of......
India's gold imports could pick up in the next few months after slumping 81 percent in June as falling prices spur buying, a government source said, adding to New Delhi's anxiety over a record-low......