Tuesday, July 23, 2013

Weddings spur Indian gold buying

October 30, 2009 by · Leave a Comment 

Gold buying is still at high levels in India as jewellers look to stock up on the precious metal for the wedding season. Indian weddings traditionally call for gold gifts to be made to the bride and with the festival season seen as an auspicious time to get married, purchases are still going strong in [...]

Indian gold imports soar between August and September

October 30, 2009 by · Leave a Comment 

New figures have revealed that Indian gold imports surged by 72 per cent between August and September as a result of higher demand ahead of the festival season. According to the Bombay Bullion Association, imports rose from 21.8 tonnes in August to 37.5 tonnes last month, the Economic Times reports.The news feeds on this site [...]

‘Goldaholics’ up spending ahead of Diwali

October 15, 2009 by · Leave a Comment 

Indian gold sales are rising rapidly as Diwali draws closer. According to MMTC, it is likely that the value of this year’s festive gold transactions will soar by between 45 and 50 per cent compared with 2008, the Times of India reports.The news feeds on this site are independently provided by Adfero Limited © and [...]

Indian gold buyers hit the shops as prices fall ahead of Dhanteras

October 15, 2009 by · Leave a Comment 

The festival accounts for around 15 to 20 tonnes of gold sales; traders expect physical offtake to extend till Diwali Read more….

Indian gold coin sales on the rise

October 12, 2009 by · Leave a Comment 

Sales of gold coins are increasing at a number of large jewellers across India. According to Reuters, imported gold coin sales are up 20 per cent compared with last year.The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council. [...]

Festivals revive Indian gold demand

October 12, 2009 by · Leave a Comment 

But, HDFC Bank says imports for the year are still likely to halve from levels seen in 2008. Read more….

Indian gold imports up in September

October 2, 2009 by · Leave a Comment 

New figures have revealed that Indian imports of gold increased in September compared with the previous month. Imports stood at between 35 and 40 tonnes last month, higher than August’s total of 22 tonnes, according to Bombay Bullion Association statistics reported by Reuters.The news feeds on this site are independently provided by Adfero Limited © [...]

Indian gold jewellery event ‘a success’

October 1, 2009 by · Leave a Comment 

An Indian event showcasing a variety of gold jewellery to consumers has been a success so far, it has been claimed. MMTC, the organiser of the Festival of Gold show in New Delhi, says that it has seen thousands of people flock to the event, which finishes today (October 1st).The news feeds on this site [...]

Indian gold purchases pick up as festive season gathers momentum

September 22, 2009 by · Leave a Comment 

But, any correction below $1,000 will draw good buying Read more….

Poor monsoon no problem, Indian gold demand set to rally in months ahead

August 20, 2009 by · Leave a Comment 

Historical statistics show the monsoon has little effect on H2 gold prices in India and this year’s second half demand unlikely to suffer from the poor rains. Read more….

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