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Thomson Reuters Gfms

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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......

As gold hits all-time high, jewellery sales drop sharply

Irrespective of the global movement, gold prices in India are nearing the level of Rs 34,000 per 10 grams in the physical markets. Gold hit the highest in Zaveri Bazaar in Mumbai on Wednesday,......

Despite govt's diktat, gold round-tipping is still flourishing

Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business. Despite the government's ban on export of items made of gold......

RBI adds 2.5 tonnes of gold to forex reserves in Q4

India’s gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018. The Reserve Bank of India (RBI) has added 2.5 tonnes of gold to foreign exchange reserves for the......

Why gold prices are likely to spike this year

Geopolitical climate and equity markets as supportive for gold’s role as a risk hedge. GFMS Thomson Reuters has painted a bullish outlook for the global price of gold this year. The average......

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