India to Extend Gold Import Restrictions
Gold – The International Business Times reported that major gold consumer, India plans to extend restrictions on gold imports.
Articles Tagged "gold imports"
Chinese Gold Imports Expected to Continue Momentum
Gold – Reuters reported that Chinese gold imports are expected to jump for the second straight month, as they take advantage of low prices.
Chinese Gold Imports from Hong Kong Jump 94 Percent in 2012
Gold – Bloomberg reported that gold imports into mainland China from Hong Kong surged by 94 percent in 2012, marking a new record.
India Trying to Axe Gold Imports with Another Duty Hike
Gold – India is again trying to cut gold demand by hiking duties charged on imports.
Waning Chinese Demand Could Dampen Market
Gold – MarketWatch reports that the waning demand for gold imports to mainland China could place unexpected downward pressure on the market.
China Gold Imports Signal Emergence as World’s Largest Gold Consumer
Gold – Bloomberg reported that China is importing more gold from Hong Kong, adding to speculation that the country may become the world's largest annual gold consumer.
India Gold Merchants Protest Excise Duty
Gold – Forbes reported that India's small gold sellers are upset about the recently imposed import duty on gold.
India Cuts Gold Import Tariffs
Gold – Mineweb reported that India has dropped the tariff for imported gold by 7.5%.
Gold Prices React to Manufacturing in China and Europe
Gold – Gold prices contracted slightly this week , to the lowest price since January, primarily due to reports of weaker manufacturing data from China and Germany. The HSBC Flash Purchasing Managers' Index indicated that China’s manufacturing has contracted for a fifth consecutive month.
India Plans to Double Gold Import Duties
Gold – Financial Post reported that India's fiscal budget announcement included increases to gold import tax.
