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By Siddhartha Singh, Swansy Afonso and Nicholas Larkin, Bloomberg |
June 5, 2013
India, the world’s largest gold buyer, increased a tax on bullion imports to curb a record current-account deficit at a time when the World Gold Council predicts record quarterly demand for the metal in the country.
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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Jon Nadler |
January 22, 2013
Analysts at Citigroup and Goldman Sachs have scaled back gold price forecasts, especially in the longer-term, as the underpinnings of its bull market are being called into question.
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By Siddhartha Singh, Swansy Afonso and Tushar Dhara, Bloomberg |
January 21, 2013
India, the world’s largest bullion buyer, raised taxes on gold imports to reduce a record current-account deficit and moderate demand for the precious metal that’s rallied for 12 straight years.
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By Nicholas Larkin, Bloomberg |
October 26, 2012
Gold traders are the most bullish in three weeks as investors’ bullion holdings rose to a record on mounting speculation that central banks will add stimulus to bolster economic growth.
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By Nicholas Larkin |
October 25, 2012
Gold traders are the most bullish in three weeks as investors’ bullion holdings rose to a record amid speculation that central banks will add more stimulus.
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By Prabhudatta Mishra, Bloomberg |
April 6, 2012
Jewelers in India, the biggest bullion buyer, suspended the longest nationwide strike after the government assured them it will consider their concerns on a tax on non-branded gold ornaments.