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Thomson Reuters Gfms

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Gold to reach $1,800 by year end: GFMS

Gold prices could go up 12.5 per cent and touch $1,800 per ounce in the second half of 2012, according to the Thomson Reuters GFMS Gold Survey, released in Beijing on Tuesday. Improved investment......

Why gold prices fell by over 5% in just 15 days

Reversal is because of strengthening rupee, subdued demand, and lack of reasons for bulls to continue positions and speculation of reduction in import duty. Gold prices seem to be reversing from......

RBI adds 2.5 tonnes of gold to forex reserves in Q4

India’s gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018. The Reserve Bank of India (RBI) has added 2.5 tonnes of gold to foreign exchange reserves for the......

Why gold prices are likely to spike this year

Geopolitical climate and equity markets as supportive for gold’s role as a risk hedge. GFMS Thomson Reuters has painted a bullish outlook for the global price of gold this year. The average......

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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