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  • Gold demand fell at the end of 2019, but prices set to march higher: GFMS Jan 30, 2020 08:15 AM IST

    Gold demand fell at the end of 2019, but prices set to march higher: GFMS

    Central banks and investors had bought large amounts of gold earlier in the year, helping push gold prices up 18% in 2019 to the highest level since 2013.

  • Commodity Compass | Time to accumulate gold May 08, 2019 01:56 PM IST

    Commodity Compass | Time to accumulate gold

    Gold prices have strong support at $1260 an ounce while resistance is at $1295

  • Gold seen at highest annual price for five years in 2018: GFMS May 08, 2018 01:55 PM IST

    Gold seen at highest annual price for five years in 2018: GFMS

    The GFMS metals research team, a unit of Thomson Reuters, predicted gold would average $1,360 an ounce this year, up 8 percent from 2017, with some short-term moves towards $1,500.

  • India's March gold imports halve as price rally dents demand: GFMS Apr 09, 2018 07:36 PM IST

    India's March gold imports halve as price rally dents demand: GFMS

    The drop in purchases by India, though, could weigh on global prices, which are still up nearly 8 percent from a mid-December trough, despite dropping back from a 17-month high hit at end-January.

  • India's June gold imports spike as buyers tried to beat higher sales tax Jul 11, 2017 03:41 PM IST

    India's June gold imports spike as buyers tried to beat higher sales tax

    June gold imports climbed to an estimated 75 tonnes from 22.7 tonnes a year ago, GFMS said. For the first half of the year, imports rose to 514 tonnes, up 161 percent from a year ago.

  • As liquidity rises, gold smuggling regains momentum: Report May 19, 2017 01:55 PM IST

    As liquidity rises, gold smuggling regains momentum: Report

    According to the research firm GFMS, smuggled gold supply had fallen between November 2016 and mid-March 2017.

  • India's gold imports drop for ninth straight month in September Oct 04, 2016 12:55 PM IST

    India's gold imports drop for ninth straight month in September

    Lower demand from the world's No. 2 gold consumer could weigh on global spot prices that have risen by 24 percent so far in 2016, but help the south Asian country to reduce its trade deficit. Gold is one of India's biggest expenses on its import bill.

  • Global Q2 gold demand weakest since 2009: GFMS Jul 28, 2015 03:09 PM IST

    Global Q2 gold demand weakest since 2009: GFMS

    A plunge in Chinese share prices from mid-June has not helped bullion, GFMS said in a quarterly report, although it was cautiously optimistic that global demand and prices could start to pick up in the final quarter of the year.

  • Gold imports set to rise as RBI eases curbs ahead of Budget Feb 19, 2015 04:57 PM IST

    Gold imports set to rise as RBI eases curbs ahead of Budget

    Gold imports to top consumer India are set to jump in coming months after the Reserve Bank of India (RBI) eased gold import curbs, ahead of an expected cut in import duty in next week's budget.

  • Global gold demand near 5-yr low, India overtakes China Nov 13, 2014 11:35 AM IST

    Global gold demand near 5-yr low, India overtakes China

    India once again took over as the world's biggest gold consumer, buying 225.1 tonnes of gold jewellery, coins and bars last quarter, compared to 182.7 tonnes in China.

  • If Cyprus can sell gold to help bailout, why not others? Apr 12, 2013 09:59 AM IST

    If Cyprus can sell gold to help bailout, why not others?

    Heavily indebted euro zone nations such as Italy and Portugal could come under pressure to put their bullion reserves to work as a result of plans for Cyprus to sell gold to meet its financing needs.

  • Rise in US unemployment numbers to limit downside in Gold Apr 05, 2013 12:41 PM IST

    Rise in US unemployment numbers to limit downside in Gold

    Nirmal Bang has come out with its report on precious metals. According to the research firm, bullion prices are trading lower on COMEX today. In the evening session we have the Non- Farm Payrolls and Unemployment rate data to be released by the US. Any further rise in employment numbers may limit the downside in bullion prices.

  • Jewellery demand in India likely to dip 9% in H1: GFMS Jan 16, 2013 07:52 PM IST

    Jewellery demand in India likely to dip 9% in H1: GFMS

    Persistent concerns over the health of the US economy and pressure on the dollar will send gold prices to a record average high this year, Thomson Reuters GFMS said on Wednesday, before the metal's 12-year bull run tops out late in the year.

  • India's gold imports may drop 26% - GFMS head Aug 24, 2012 06:00 PM IST

    India's gold imports may drop 26% - GFMS head

    Gold imports to India, the world's biggest consumer, are likely to fall by as much as 26%, or by 200 to 250 tonnes, in 2012 as record high prices hit the budgets of consumers, said the head of Thomson Reuters GFMS on Friday.

  • Gold could peak in 2013 after 12 year bull run: GFMS Apr 11, 2012 05:46 PM IST

    Gold could peak in 2013 after 12 year bull run: GFMS

    A record high gold price above USD 2,000 an ounce next year could mark the peak of the precious metal's more than decade long bull run as monetary policy in key economies starts to tighten, the chairman of metals consultancy GFMS said on Wednesday.

  • Gold price seen averaging $1770 in Q4: GFMS Oct 12, 2011 12:00 PM IST

    Gold price seen averaging $1770 in Q4: GFMS

    The price of gold is expected to average USD 1,770 per ounce in the fourth quarter, Thomson Reuters GFMS said on Wednesday, adding that official net purchases of gold were seen rising to 500 tonnes in 2011, from its prior estimate of 336 tonnes.

  • GFMS sees gold at about $1,620 in Q4 Jun 14, 2011 04:20 PM IST

    GFMS sees gold at about $1,620 in Q4

    Gold should reach around USD 1,620 an ounce, and silver about USD 50 an ounce in the fourth quarter, metals consultancy GFMS research director Neil Meader said on Tuesday.

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