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Mnc Bullion

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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......

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