Brisk gold buying on lower prices

Non productive gold lying with ETF should be channelized through nominated agencies in the domestic market so that Gold import can be reduced. Haresh Soni, Chairman, All India : Restriction on the import of gold on consignment basis by banks only to ...

The decision of the central bank to restrict banks to importing gold on a consignment basis only to meet the needs of exporters of gold jewellery will deal a blow to many domestic jewellers, especially small ones, as a majority of the imported gold ...

MUMBAI: The Reserve Bank's decision to restrict bank finance to gold imports meant only for jewellery exports will jeopardise the supply system and increase prices apart from boosting grey market, an industry body has said. "The RBI's restriction on ...