China Gold Imports Signal Emergence as World’s Largest Gold Consumer
Bloomberg reported that China is importing more gold from Hong Kong, adding to speculation that the country may become the world's largest annual gold consumer.
Articles Tagged "gold imports"
India Gold Merchants Protest Excise Duty
Forbes reported that India's small gold sellers are upset about the recently imposed import duty on gold.
India Cuts Gold Import Tariffs
Mineweb reported that India has dropped the tariff for imported gold by 7.5%.
Gold Prices React to Manufacturing in China and Europe
Gold prices contracted slightly this week , to the lowest price since January, primarily due to reports of weaker manufacturing data from China and Germany. The HSBC Flash Purchasing Managers' Index indicated that China’s manufacturing has contracted for a fifth consecutive month.
India Plans to Double Gold Import Duties
Financial Post reported that India's fiscal budget announcement included increases to gold import tax.
Gold Imports To India Expected to Decline 20%
Reuters reported that India's gold imports may drop 20% in 2012 as traders seek other investments.
India Gold Imports Dropping
Bloomberg reported that imports of gold to India have fallen and China may become the biggest consumer of the metal.
India Advisory Body Recommends the Country Discourage Gold Imports
Mineweb reported that India's Economic Advisory Council wants India to focus less on gold imports and more on financial assets.
Cautious Optimism On China Gold Imports
Forbes reported that rising Chinese gold imports present new challenges for policymakers.
Quantity of China Gold Imports Unclear
IBTimes reported that details on who is supplying gold to China, and how much, are ambiguous.
