Why gold refinery consolidation is the need of the hour

Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark The 278-km-long road between......

Why the gold monetisation scheme is yet to take off

  Banks still lukewarm; changes needed in norms for jewellers and refinery margins, among others The government’s gold monetisation scheme hasn’t taken off, with banks yet to push......

Gold imports may rise to $37 billion this year

Gold imports in the first eight months of this calendar year were almost $24 billion. Analysts expect another 300 tonnes or $13-13.5 billion worth of import in the remaining four months of calendar......

NSE blockchain platform for gold a game changer

In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to......