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Thomson Reuters Gfms

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Gold to reach $1,800 by year end: GFMS

Gold prices could go up 12.5 per cent and touch $1,800 per ounce in the second half of 2012, according to the Thomson Reuters GFMS Gold Survey, released in Beijing on Tuesday. Improved investment......

Gold smuggling likely to rise 40% this year

The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the country. Last year, 102 tonnes of gold, or 10 per cent of total......

Hawala premiums double as gold smuggling zooms

Gold imports through official channels may have come down sharply, but it’s boom time for smugglers. In the past couple of months, hawala premiums have doubled to 2.5-2.8 per cent, as......

Silver marks record imports in 2014

Lower investment requirement, thanks to falling prices, and shifting trend towards jewellery Silver usually keeps its sheen even when gold prices drop. However, in the past two years, silver prices......

Bull run in gold prices to continue

Investment demand is set to drive gold in the first half of the current calendar year, on loose monetary policies and burgeoning sovereign debt across global economies.Global consultancy Thomson......

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