India lures gold investors with govt bond, monetisation plan

Last Updated: Wednesday, September 9, 2015, 16:50

India will soon launch a sovereign gold bond and a scheme to mobilise tonnes of the metal stored in households, the finance minister said, a move that mainly seeks to wean investors away from physical gold and cut massive imports.

WGC welcomes govt's draft policy on sovereign gold bonds

Last Updated: Friday, June 19, 2015, 20:42

The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said on Friday.

Govt proposes gold-linked bonds to lower bullion imports

Last Updated: Friday, June 19, 2015, 13:59

India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.

Gold industry conference delegates predict bullion rally

Last Updated: Wednesday, October 2, 2013, 18:56

Gold prices, which have fallen more than 20 percent this year, are expected to have rebounded to USD 1,405 an ounce by November 2014, delegates to the London Bullion Market Association's annual conference forecast on Tuesday.

Gold ETF assets grow 37%, tops Rs 11,000-crore mark in Sept

Last Updated: Tuesday, October 23, 2012, 20:27

The combined AUM of gold ETFs stood at Rs 8,173 crore in the same period of 2011, according to National Stock Exchange (NSE).

Physical gold continues to glitter

Last Updated: Saturday, April 14, 2012, 13:07

The resilience of gold physical demand, despite heightened market volatility and a record-high gold price in September, is a reflection of the type of consumers that make up this sector of the gold market.

Physical gold continues to glitter

Last Updated: Saturday, April 14, 2012, 13:07

The resilience of gold physical demand, despite heightened market volatility and a record-high gold price in September, is a reflection of the type of consumers that make up this sector of the gold market.