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By Ben Traynor |
May 13, 2013
India's central bank confirmed proposed restrictions on gold imports that one refiner said could lead to gold imports falling by half this year.
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By Ben Traynor |
May 8, 2013
Wholesale market prices for buying gold climbed back above $1,460 an ounce during Wednesday morning's London trading, in line with its range over the last week, as stocks gained.
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By Mark O'Byrne |
May 8, 2013
India’s Central Bank, The Reserve Bank of India, seeks to restrict bullion imports because of the strain it is putting on their current account deficit. India is the largest importer of gold and more than half of it is used for jewelry.
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By Ben Traynor |
May 3, 2013
Over in India, traditionally the world's biggest gold buying nation, the central bank today proposed new restrictions on gold bullion imports as part of its annual monetary policy statement.
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By Ben Traynor |
February 19, 2013
Wholesale prices for gold bullion hovered above $1,610 an ounce during Tuesday morning's London session, having ticked higher in Asian trading following losses yesterday.
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By Adrian Ash |
February 7, 2013
Daily swings in the silver price haven't been as small as this week since spring 2007. Volatility in the U.S. dollar gold price has only been lower than yesterday on 15 days since mid-2005.
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By Ben Traynor |
February 6, 2013
"The stronger performance of more conventional assets, certainly equity markets, has taken the shine off gold," reckons Daniel Brebner, head of metals research at Deutsche Bank.
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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 Jon Nadler |
January 15, 2013
This morning’s spot price dealings opened with massive gains in platinum (up $30) and with the noble metal once again trading at a premium to gold. Gold move $12 higher to reach $1,681 the ounce.
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By Roman Baudzus |
January 9, 2013
As if last year's new regulations from the Indian government had not caused enough turmoil at the local gold markets, today the Ministry of Finance and the Reserve Bank of India (RBI) will be publishing new regulations aimed at raising gold import taxes to 6%.