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Thursday, December 18, 2025
TopicGold

Topic: Gold

Gold sparkles as Covid fears drive prices up to its highest since 2012

Gold is up 15% this year, buoyed by unprecedented stimulus to aid the global economy hurt by the Covid pandemic.

Gold sales in India unlikely to revive before September

Demand for gold had already slowed due to high prices before the pandemic struck. Jewellers are now waiting for the festival season for a boost.

India’s gold imports slump by 99.5% due to lockdown

India, the second largest consumer of gold in the world, has seen the lowest monthly inflow in records going back to 2010.

GSI denies discovery of speculated 3000-tonne gold deposits in UP Sonbhadra

Geological Survey of India said the organisation carried out work in the region in 1998-99 and 1999-2000. However, the results of exploration work for gold were not encouraging.

Gold sales in India to continue slow growth in 2020

High prices, a slowdown in the domestic economy and weak consumption across sectors saw consumers shying away from gold markets last year.

Indians seen buying more gold in 2020 after 3-year pause

Inbound gold shipments may climb to 750 tons from an estimated 690 tons last year. Imports had slumped as growth slowed & domestic prices surged.

Gold smuggling on the rise as high prices, higher taxes boost appeal of the yellow metal

Illegal inflows have jumped after the Modi government increased import taxes in July and prices surged to record highs in September.

Gold’s impressive run this year is set to continue in 2020

Trade war frictions and easier monetary policy across economies pushed gold this year. Geopolitical and economic risks are likely to factor in 2020 too.

India is one of the largest gold smuggling hubs, and UAE plays big intermediary: Report

Over a quarter of India’s approximate 1,000 tonne gold imports is not accounted for, says a new report by Canada-based NGO IMPACT.

Gold hallmarking mandatory in India from 1 January, jewellers fear ‘GST-type’ slowdown

Modi government plans to implement gold hallmarking across the country in four phases, starting with the metro cities.

On Camera

Who grounded IndiGo flights? They are the culprits, not DGCA

The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?

Steady growth rooted in ‘Dravidian model’. How Tamil Nadu more than doubled its GSDP in 10 yrs

RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.