Increase in gold imports impacts the country’s trade deficit, which has reached $137 billion in 2014-15, and the current account deficit.
Tag: Bullion
India FY15 Gold imports climb 19.5% to $34.32 bn
Increase in gold imports impacts the country’s trade deficit, which has reached $137 billion in 2014-15, and the current account deficit.
US Silver production declines to 84,400 Kg in February
United States silver production declined by 5% month-on-month to 84,400 kilograms during February and slightly down from a year earlier. Country produced 89,300 kilograms of silver in January this year.
U.S. Fears a European “Lehman Brothers”
European complacency regarding Greek default and exit is high – Tett Narrative to reassure investors that markets have already priced in effects of Greek default U.S. Council on Economics is alarmed by risk being taken by European elites to bring Greece to heel Greek default would cause a new and very “unpredictable” paradigm – huge […]
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What are the two factors which hurt Gold now?
The gold market is suffering on two fronts, said Barclays, which is helping prices remain at a six-week low.
China’s retail Jewellery sales climb 19.3% in Mar
During January to March period this year, China’s retail jewellery sales grew to RMB81.9 billion ($13.2 billion), an increase of 3.6% from a year earlier.
Mexico Gold, Silver output advance in Feb: INEGI
Mexico’s gold output also rose 14% to 7,640 kilograms in February as against the production of 6,700 kilograms in the same month last year.
Mexico Gold, Silver output advance in Feb: INEGI
Mexico’s gold output also rose 14% to 7,640 kilograms in February as against the production of 6,700 kilograms in the same month last year.
Agnico Eagle Mines reports a record quarterly Gold production in Q1
Agnico Eagle Mines has reported record quarterly gold production of 404,210 ounces at all-in sustaining costs of $804 per ounce.
JP Morgan Cornering Silver Bullion Market?
– Why is JP Morgan accumulating the biggest stockpile of physical silver in history? – Legendary silver analyst Ted Butler believes JP Morgan are in a position to corner silver market – JP Morgan may be holding as much as 350 million ounces of physical silver – JP Morgan realises the value of owning physical […]
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