Gold imports surge in November, but 70% lie unused

Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.Dilip Kumar Jha/Business Standard reports. India's gold import in November was the highest in......

Gold smuggling reportedly surging

  Gold smuggling in India is likely to remain high because unaccounted wealth will not die soon and gold is the best instrument to store it. While gold demand has remained subdued and prices......

Diwali sheen missing from gold sales

In Zaveri Bazar, gold is being traded at Rs 26,920/10 gm This year, the Diwali charm seems to be missing in gold buying, with the festive demand that typically starts from Dussehra not seen so......

Silver imports jump 35% as gold loses lustre

A year before, silver prices were $21 an ounce, while gold was around $1,300. Demand for silver has seen a significant jump in India, reflected in rising import numbers. On the first half of 2015,......