India Gold Demand up During Marriage Season
Mineweb reported that Indians are spending on gold in preparation for the traditional wedding season.
Mineweb reported that Indians are spending on gold in preparation for the traditional wedding season.
Reuters reported that India has almost doubled its gold import duty while also raising taxes on silver.
IBTimes reported that Indian and Chinese demand for gold helped the metal extend more gains this month.
Reuters reported that India has approved four more banks to import gold and silver.
Reuters Africa reported that India has moved to mandatory hallmarking of gold jewellery in an attempt to stimulate demand.
CNBC News reported that India's gold imports fell significantly in fourth quarter 2011, to 125 metric tons.
The Street reported that a decline in Indian gold imports and consumer confidence caused losses in gold markets.
Mineweb reported that India gold prices are dropping as investors continue to sell their holdings.
Reuters reported that weak equity markets are anticipated to cause a drop in India gold.
Mineweb reported that demand for gold bars is outstripping jewelry demand in India.
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