India Gold Merchants Protest Excise Duty
Forbes reported that India's small gold sellers are upset about the recently imposed import duty on gold.
Articles Tagged "india"
Indian Jeweller Strike Halts Demand, Hurts Gold Price
Bloomberg reported that a strike by jewellers in India may curb demand for gold and push prices down.
Nations Put Pressure on Gold
News from India, China, and Mali worked against the gold markets last week.
India Cuts Gold Import Tariffs
Mineweb reported that India has dropped the tariff for imported gold by 7.5%.
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.
China to be This Year’s Biggest Gold Consumer
Bloomberg reported that China will surpass India as the largest user of gold this year.
Physical Gold Demand Down in India
Reuters reported that gold demand weakened in India as traders waited for lower prices.
