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Daman Prakash Rathod

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Smuggling will boost Indian gold imports to record high

15% of India's gold this year  is likely to be smuggled in or arrive via other unofficial channels to beat a 10% levy imposed by the government India's gold imports could hit a record high......

India gold discounts widen on tepid demand, ample supply

Gold discounts in India, the world's second-biggest consumer, widened this week as dealers struggled to offload stocks amid sluggish demand. Dealers were offering discounts of $6 to $8 an ounce to......

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......

Farmers trim gold purchases, threatening rebound in global prices

A downturn in Indian demand could hit global gold prices. Gold demand in the world's biggest consumer India risks falling for a second straight year in 2015, as millions of Indian farmers hit by......

With seizures up, gold smuggling into India loses shine

Gold smuggling into India, the world's second-biggest consumer of the precious metal, is becoming more risky for couriers following a surge in seizures and less profitable for the gangs behind the......
  Web results for Daman Prakash Rathod
India gold premiums drop on subdued demand; China premiums hit near 3-year high

28-11-201615:50PM AOJ E-NEWS : India, the world's No. 2 gold consumer, premiums dropped due to subdued demand after the government scrapped... ...

http://www.artofjewellery.com/NewsMore.aspx?Id=72082
Gold Next In PM Modi's Fight Against Black Money? Rumours Spook Traders

The All India Gems and Jewelry Trade Federation dismissed the messages among traders as a rumour, but some are nevertheless buying extra gold for... ...

http://profit.ndtv.com/news/commodities/article-gold-next-in-pm-modis-fight-against-black-money-rumours-spook-traders-1626295
India's gold traders on edge as Narendra Modi fights black money

"We're uncertain about what the government will do next," said Daman Prakash Rathod, a director at MNC Bullion in the southern city of Chennai.... ...

http://indianexpress.com/article/india/india-news-india/indias-gold-traders-on-edge-as-narendra-modi-fights-black-money-4378946/
Gold imports drop for ninth straight month in September

MUMBAI - India's gold imports fell for a ninth straight month in September as weak retail demand and higher discounts prompted banks and... ...

http://www.sify.com/finance/gold-imports-drop-for-ninth-straight-month-in-september-gfms-news-bullion-qkdqcnjbehieb.html

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