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London Bullion Market

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ADAG launches bullion spot market

Anil Ambani group firm Reliance Money on Monday joined hands with the Bombay Stock Exchange and the Bombay Bullion Association to launch the country's first organised bullion trading platform.The......

NSE blockchain platform for gold a game changer

In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to......

Why India will stop importing refined gold in 3-5 years

India’s annual gold consumption is about 800-900 tonnes, of which about 750 tonnes is imported. However, in 3-5 years, domestic refineries would meet the whole demand, reports Rajesh Bayani.......

Why the gold monetisation scheme is yet to take off

  Banks still lukewarm; changes needed in norms for jewellers and refinery margins, among others The government’s gold monetisation scheme hasn’t taken off, with banks yet to push......

As gold hits all-time high, jewellery sales drop sharply

Irrespective of the global movement, gold prices in India are nearing the level of Rs 34,000 per 10 grams in the physical markets. Gold hit the highest in Zaveri Bazaar in Mumbai on Wednesday,......

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