Articles Tagged "import"

MMTC will import 150 tonnes gold

State-run MMTC Ltd, the country’s leading importer of gold, today announced that it will import 150 tonnes of the yellow metal during the 2009-10 fiscal. MMTC chairman and managing director Sanjiv Batra stated: We will import 150 tonnes of gold this fiscal. For full story, click here

Gold Price Spurts After Policy Easing Measures

 By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]

India’s gold import declines 27 % in October

Gold imports in India declined 27 % in October from a year earlier reversing a 2 month surge as volatile prices and fall of the local currency hit demand. Suresh Hundia, president of the Bombay Bullion Association, said: Imports in the world’s largest gold consumer fell to 44 tonnes in October from 60 tonnes in [...]