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Despite fall in gold prices, Indians stay away from buying

A fall in global gold prices to eight-month lows this week failed to boost demand in top consumers China and India as would-be buyers anticipate further declines on the back of a strengthing US......

For Indians, paper gold can't beat the real thing

India is meeting stiff resistance in its drive to make the buying of gold jewellery more transparent and to channel demand into paper gold to stop the metal being used to hide billions of dollars......

India brushes off concerns over gold import spike

Image: Gold coins. Photograph: Reuters Weak oil and commodity prices are offsetting concerns at India's central bank over the impact of a spike in gold imports on the broader economy, officials......

Gold buying slows amid price rally

Gold bullion purchases across Asia slowed this week as a long rally in prices discouraged buyers, with traders keeping a close watch on top consumer India ahead of a festival that usually sparks......

Fearing defaults, banks rein in credit to jewellery firms

It was unclear how bankers were deciding which jewellers to support Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks......
  Web results for Bachhraj Bamalwa
Gold demand may go up by 15% in festival season

Gold purchases in India are poised to climb in the final quarter to the highest level since 2012, adding to signs that lower prices are spurring a... ...
Industry Hails Gold Monetisation & Sovereign Gold Bond Schemes

Mumbai: The industry today welcomed the government's approval of Gold Monetisation and Sovereign Gold Bond schemes saying it will give a positive... ...
Gold artisans walk away from dull business

KOLKATA: The decline in demand for gold jewellery has forced up to five lakh artisans to switch to other jobs since they were not getting 250 days... ...
Why consumers aren't buying gold despite fall in metal prices

KOLKATA & MUMBAI: Gold prices fell to Rs 25,000 per 10 gm Monday morning triggered by a drop in overseas bullion to a five-year low of $1,080 an... ...

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