Gold Seen Rallying by End of Year as Physical Demand Gains

“Gold may extend a rally through to the end of December, paring the first full-year loss since 2000, as rising physical demand across Asia helps to counter a selloff in exchange-traded products led by billionaire John Paulson. Prices may reach $1,450 an ounce by the end of the year, according to a median of estimates […]

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India Gold Premiums Seen Extending Climb to Record on Curbs

“Gold premiums in India, the world’s largest consumer last year, may extend their advance to a record as central bank restrictions halt imports. The fees paid by jewelers to banks and other suppliers have jumped to about $40 an ounce over the London cash price from $30 in the week ended Aug. 2, said Haresh […]

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