“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 […]
Gold Seen Rallying by End of Year as Physical Demand Gains
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India Gold Premiums Seen Extending Climb to Record on Curbs
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Asia · Asia Commodities Markets · Asia ex. Japan · Australia · Brazil · China · Commodities · Country Economies · Currencies · Dry Freight Shipping · Emerging Markets · ex-Energy · Gitanjali Gems Ltd · India · India Economy · Marine Transport · Markets · metals · MMTC Ltd · Multi Commodity Exchange of India Ltd · Pacific Rim · PC Jeweller Ltd · Rajesh Exports Ltd · russia · Shree Ganesh Jewellery House I Ltd · South · Southeast Asia · Titan Industries Ltd · Trade · Transportation · Tribhovandas Bhimji Zaveri Ltd
“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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