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By Swansy Afonso, Bloomberg |
May 13, 2013
Gold imports by India, the world’s biggest consumer, may soar this quarter as a plunge in prices spurs demand for jewelry, coins and bars during the country’s biggest bullion festival, a jewelers’ group said.
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By Tony C. Dreibus, Bloomberg |
April 29, 2013
Hedge funds accumulated their second-biggest position against gold on record just as prices rallied the most in 15 months on surging demand for coins and jewelry and Goldman Sachs Group Inc. ended a recommendation to sell.
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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 |
August 23, 2012
Gold traders are the most bullish in nine months after bullion holdings expanded on speculation that central banks will do more to bolster growth.
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By Jon Nadler |
August 8, 2012
Gold continues to trade with the single currency with little physical interest. So far, gold has failed to attract any safe-haven inflows, instead trading as any other risk asset and in line with the broader market sentiment
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By Austin Kiddle |
August 8, 2012
Investment demand, now comprising of over 50% of gold demand, has surged, central banks have turned from net sellers of gold to net buyers, and the producers have stopped hedging gold.
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By Austin Kiddle |
May 4, 2012
Gold futures dropped four days in a roll by about 1.8% and ended at $1,634.80 on Thursday
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By Nicholas Larkin, Bloomberg |
April 5, 2012
Gold traders are bearish for the first time this year after the Federal Reserve signaled it may refrain from more monetary stimulus and jewelers in India, the world’s biggest bullion market, shut to protest a new tax.
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By Austin Kiddle |
March 30, 2012
Comex gold futures looks likely to end the week unchanged at around $1,662 despite a peak-to-trough sell-off of $52 during the week.
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By Jon Nadler |
March 28, 2012
President of the Bombay Bullion Association has projected that 2012’s Indian gold imports could fall to 450 metric tonnes, down 53% compared to the putative 969 metric tonnes that may have been imported last year.
