Imports in March more than doubled to 125 tons from a year earlier because of seasonal demand and a drop in prices, according to the Finance Ministry.
Tag: Bullion
India’s Gold imports reach 85 tons in April
Imports in March more than doubled to 125 tons from a year earlier because of seasonal demand and a drop in prices, according to the Finance Ministry.
What to push Gold to $1,300 an ounce?
TD Securities is expecting shifting economic projections could eventually push gold prices to $1,300 an ounce.
Gold Bullion Buying In Germany Surges Due To Growing Risk
– Global gold demand marginally lower but robust – WGC – Gold investment demand surges 63% as jewellery demand falls – German gold demand spikes 20% in first quarter – France, Switzerland and Austria see “double digit” rise in demand – Fear of conflict with Russia, ‘Grexit’ and currency debasement – Indian gold demand rises […]
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Indian Gold demand may advance further in May June quarter: WGC
India, the world’s biggest bullion consumer, has continued its gold buying, as per the latest report from World Gold Council shows, Indian gold demand advanced 15% year-on-year to 191.7 ton during the first quarter (January-March) of this year.
SEMAFO Gold sales rise 92% y y in Q1 2015
SEMAFO, a Canadian-based mining company, has reported its Gold sales up by 92% y/y for the three-month period ended March 31, 2015
Silver Standard posts Q1 profit on strong Gold, Silver production
Vancouver-based miner Silver Standard Resources has posted a net profit during the first quarter mainly on its gold and silver production rises strongly
Global Debt Now $200 Trillion!
– McKinsey Institute says global debt is $199 trillion and unsustainable – Total global debt is $27,204 for every person living today – All major economies have “higher levels of borrowing relative to GDP” than in 2007 – 3 risk areas – rising Chinese debt, government and household debt – Debt report ignores U.S. unfunded […]
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Triland Metals becomes more positive on Gold in long term
Although gold surged above $1,200 an ounce on Wednesday following the release of weak US economic data, Triland Metals, London-based broker, said that it is not too excited just yet.
Centamin’s core profit rises 55% Y Y in Q1
The company’s gold production during the quarter ended 31 March 2015 totalled 108,233 ounces, advanced 46% compared to the production of 74,241 ounces in Q1 2014 and fell 16% from 128,115 ounces in Q4 2014.