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......
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,......
Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business. Despite the government's ban on export of items made of gold......
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......
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......