Sudheesh Nambiath

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You may have to shell out more for gold despite the price drop

Gold premiums in India, the world's biggest buyer of the metal, jumped sharply this week as the festive season began, driving up demand, and supply remained tight on a lack of imports. Premiums to......

RBI tightens gold import, drops move subsequently

The Reserve Bank of India had a quick change of mind between Monday evening and Tuesday afternoon regarding gold import for jewellers. On Monday, it informed banks that they could not import gold......

Gold import rises in July as price slide fuels demand

Gold import in July had doubled to 90-95 tonnes from the 47 tonnes in June. July (and June) is normally a lean season for gold in India, the world’s largest consumer and this is the highest......

Indian ministries at odds over gold import duty

India will also launch a sovereign gold bond to lower physical demand. India's trade ministry has proposed cutting the import duty on gold to 2 percent from 10 percent, according to a......

Gold prices set to rise after Budget

Gold premiums in top consumer India could jump to as much as $5 an ounce over world prices next week, from being almost at par, after Finance Minister Arun Jaitley surprised jewellers by......

Sudheesh Nambiath

News for Sudheesh Nambiath

You may have to shell out more for gold despite the price drop

RBI tightens gold import, drops move subsequently

Gold import rises in July as price slide fuels demand

Indian ministries at odds over gold import duty

Gold prices set to rise after Budget

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