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Gfms Thomson Reuters

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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......

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......

Why gold prices fell by over 5% in just 15 days

Reversal is because of strengthening rupee, subdued demand, and lack of reasons for bulls to continue positions and speculation of reduction in import duty. Gold prices seem to be reversing from......

Export of 24-carat gold jewellery may be banned

In India 24-carat gold is used mostly in coins and bars In a move that could help control the round-tripping of gold and misuse of bank funds meant for exports, the government is considering......

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