India all set to break 1000 ton mark in gold imports

  • World's largest gold consumer India's imports this year is likely to hit the 1000 ton mark, analysts said.
    Oct 11, 2011 06:14 PM

India gold imports may fall short of 1,000 tons this year

  • Country's imports in December might witness a drop by upto fifty percent after local currency,the rupee hit the lowest against the dollar in recent times, they added.
    Dec 28, 2011 06:00 PM

India fails to achieve gold imports mark of 1000 tons in 2011

  • India's gold imports were expected to cross the coveted 1000 tons mark thgis year but a poor Q4 performance prevented it from the golden milestone last year, analysts said.
    Jan 02, 2012 06:06 PM

Gold, diamonds remain second best in UAE

  • Continuing its golden tradition, the United Arab Emirates (UAE ) said gold and diamonds remained its most-traded goods outside oil.
    Jan 03, 2012 02:09 PM

India's central bank allows 4 more banks to import gold, silver

  • Country's central bank, the Resrve Bank of India in a statement said four more banks named Yes Bank, Bank of Maharashtra, City Union Bank and ING Vysya Bank have been included in the list.
    Jan 10, 2012 11:26 AM

India gold,silver to climb on import duty hike

  • Indian government on Tuesday doubled customs duty of gold to 2% from previous 1% and Silver to 6% from previous 3% which might create more hardships for physical traders, manufacturers, retailers.
    Jan 17, 2012 04:32 PM

Will Indian appetite for Gold ever end?

  • India consumes around 746 tonne gold every year according to World Gold Council and this is only going to grow. Many gold related corporations depends on India for their survival.
    Jan 31, 2012 03:21 PM

Nepal gold imports drop sharply

  • The centralbank had completed auctions for more than 400 kg of gold at a price some Nepali Rs 1,000 higher than the international rate.
    Jan 31, 2012 04:59 PM

Nepal raises gold import duty to prevent illegal exports to India

  • The Himalayan nation raised import duty on gold to Nepal Rs 1,500 per 10 grams and duty on per kg silver has been fixed at Nepal Rs 4,600.
    Feb 08, 2012 10:57 AM

Nepal import duty hike may prevent silver smuggling to India

  • Nepal government also acknowledged the fact that smuggling of imported precious metals to India as they were relatively cheaper in Nepal due to difference in customs.
    Feb 08, 2012 01:10 PM

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