Gold – The International Business Times reported that major gold consumer, India plans to extend restrictions on gold imports.
Articles Tagged "gold imports"
Gold – Reuters reported that Chinese gold imports are expected to jump for the second straight month, as they take advantage of low prices.
Gold – Bloomberg reported that gold imports into mainland China from Hong Kong surged by 94 percent in 2012, marking a new record.
Gold – India is again trying to cut gold demand by hiking duties charged on imports.
Gold – MarketWatch reports that the waning demand for gold imports to mainland China could place unexpected downward pressure on the market.
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.
Gold – Forbes reported that India's small gold sellers are upset about the recently imposed import duty on gold.
Gold – Mineweb reported that India has dropped the tariff for imported gold by 7.5%.
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.
Gold – Financial Post reported that India's fiscal budget announcement included increases to gold import tax.