Gold demand slows as China eyes equities; lack of weddings in India weighs
Gold buying was slow this week in Asia even as global benchmark prices dropped from a three-month high, with the Chinese hooked on surging equities while demand in India stayed weak and was unlikely to pick up as the wedding season cools.
May 22, 2015, 17:57 PM IST
China imports more gold for holiday; Indian demand set to climb
Top bullion consumer China has been importing more gold in September than in the previous month due to demand from retailers stocking up for the upcoming National Day holiday, market sources said.
Sep 26, 2014, 13:17 PM IST
Gold imports seen up, premiums likely to double on festive buying
India`s monthly gold imports are set to rise by as much 50 percent from current levels while premiums could almost double as the country gears up for a surge in demand ahead of the year-end festivities and wedding season, industry sources said.
Sep 18, 2014, 13:36 PM IST
Gold premiums fall to 4-month low on higher supplies
Gold premiums fell to 25-30 an ounce on London prices, a level last seen in February, from USD 60 charged earlier in June. Premiums hit a record of USD 160 an ounce in December last year.
Jun 18, 2014, 12:50 PM IST
