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London Bullion Markets Association

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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......

Fall in gold price opens up window for investors

Experts recommend buying gold as the fundamentals supporting a rally have not changed. The price of gold has fallen about 10 per cent over the past 50 days. At one point, gold price on the MCX was......

Gold jumps on US Fed's interest rate cut signal

Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices. Standard gold price in India on Thursday recorded the highest single-day gain......

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.......

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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