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Harmesh Arora

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Gold refineries shutting bulk operations

India’s gold refineries are operating, says the trade, at only 25 per cent of installed capacity due to acute shortage of used jewellery. “There was no gold import in the last two......

Starved of gold, Indians may import record volumes of silver

Indian silver imports are on pace to hit a record high this year as the wedding and festival season drives up buying of the precious metal instead of the traditional gold, made scarcer and dearer......

Gold dealers rush to set up refineries

Encouraged by the widening gap in import duties on raw and refined gold, about 10 medium-sized gold dealers have lined up proposals to set up refineries in India’s hinterlands. Together,......

Silver futures shining in India

Investors and traders in India have been making money on silver futures in the last two months. Traders said a number of investors have been booking profits by using the futures market to purchase......

Bullish prices keep gold offtake on hold

Jewellers and traders on Monday said gold off-take was likely to be sluggish following the serial blasts in Delhi and the bullish price of the yellow metal, but the impact would, however, be......

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