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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......
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,......
To beat inflation, invest in gold
When it comes to safe and sound investment, gold remains one of the most preferred choices. During the 1997-1998 South East Asia crisis, it was widely reported that when currencies lost their......
Gold hits new high of Rs 6770
Gold surged to an all-time high at Rs 6,770 per 10 gm owing to speculative and fund buying ahead of festival season despite lower demand from retail investors."Though retail investors have stopped......
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