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REFINITIV GFMS
India gold premiums rise as jewellers boost festive stocks"Investment demand was good in the last few days. Retail demand for jewellery is still weak, but it could improve during the festive season...
Customers trickle in as Indian gold dealers hope for festive boost"Slowly, demand has been improving. Retail buyers have started visiting jewellery stores," said Harshad Ajmera, proprietor of wholesaler JJ...
Indian gold dealers bank on festivals to bring back customersIn India, discounts eased to $23 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, from last week's $3...
Still no takers for gold even as dealers offer discounts for fourth weekLocal gold futures traded around 51,445 rupees per 10 grams on Friday, having hit an all-time high of 56,191 rupees last month.
India gold discounts hit five-month high as price dip fails to stir demandOn Friday, local gold futures traded around 51,200 rupees ($699) per 10 grams, having retreated from a record 56,191 rupees hit earlier thi...
Empty jewellery shops plague India market as Dubai exports arriveOn Friday, gold futures in India, traditionally the world's second biggest gold consumer after China, were trading around 51,800 rupees ($6...
India's silver imports could tumble as scrap supplies surge, importers sayIndia imported 5,598 tonnes of silver in 2019, according to data compiled by Refinitiv GFMS. The country fulfills most of its silver requir...
Dwindling gold demand pushes Chinese discounts to record highGold has been sold at discounts in China, usually the world’s top bullion consumer, since February.
Gold at record high, but your family silver has no takersLoss of business and demand slump due to the coronavirus outbreak has not only dried up cash stream for jewellers but also left them with u...
India flips to discount, silver gains favour in top hubsIn India, dealers offered discounts of up to $6 an ounce over official domestic prices in thin trade, versus last week's $2 premium.
India, China retail gold markets reel from pandemic painDiscounts in top buyer China deepened to $30-$25 an ounce versus global benchmark prices, from $20-$25 last week.
India gold dealers charge premiums as imports, smuggling stallIndia's gold imports dived 86% year-on-year in June because of record high prices and as international air travel was banned in response to...
India gold dealers offer big discounts as virus fears stifle demandIndia's gold imports plunged 99% in May from a year earlier.
The growth dilemma for Indian gold refinersIncreasing incentives to refiners and increasing refining capacities are not going to help achieve the goal of India as refiner for the wor...
Gold hits 3-week high as Fed defers rate hikes; palladium sets recordThe dollar fell sharply and U.S. Treasuries rallied after Fed's decision on Wednesday.